Fuel prices in Bahrain set to double by 2017
The price of diesel for domestic consumption will almost double in three years - up from 100 fils ($0.26) at present, Bahrain’s National Oil and Gas Authority (Noga) announced yesterday (December 19)
GFH acquires prime UK residential property
GFH Capital, a fully-owned subsidiary of Bahrain-based Gulf Finance House, has completed the acquisition of a prime UK residential property in line with its global investment strategy.
China moving closer to its ‘Dubai moment’
China's reform drive is getting closer to its "Dubai moment". The emirate's 2009 refusal to bail out its flagship holding company shocked lenders who had assumed all debt carried an implicit state gu
British economy in cautious recovery
Britain is cementing its economic growth recovery, official data revealed yesterday, as the government’s deficit-reduction programme won support from the Standard and Poor’s ratings agency.