Bahrainis vote on Saturday in a parliamentary election from which opposition groups have been barred, in a crackdown on dissent in the small Sunni-led, Western-allied kingdom. Activists have called for a boycott of the vote, which they say is a "farce". The government says the election is democratic. The Sunni ruling Al
Tag: bahrain
Bahrain court overturns acquittal of opposition leaders
DUBAI (Reuters) - A Bahraini court on Sunday ordered life sentences for three senior opposition members, overturning a previous acquittal on charges of spying for Qatar in what an international rights group called a "travesty of justice". A public prosecutor statement said the court sentenced Sheikh Ali Salman, secretary-general of the
Bahrain promised $10 billion of support from Gulf neighbours
Foreign investment in Bahrain rising sharply, authorities say
New foreign direct investment in Bahrain more than doubled in the first nine months of 2018 as the kingdom marketed itself as a base for companies to access the region, especially Saudi Arabia, data released on Tuesday showed. Investment commitments between January and September jumped 138 percent from a year ago
Islamic banks face outdated property rules – industry body
(Reuters) - Regulators overseeing Islamic banking must revise guidance on real estate exposures to align with the post-financial crisis capital rules of Basel III, a global industry body said on Sunday. The Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) said treatment of real estate across Islamic finance jurisdictions