Flip through the latest issue of Gulf Weekly.
All GCC countries will have value added tax (VAT) within five years. The tax, which will replace customs duties to be phased out under free trade agreements, is likely to be set at a flat rate of between three per cent and five per cent and would be applied to all goods and services.
Khaleeji Commercial Bank (KHCB)_has announced its sponsorship of the Waqf Fund, which was established by the Central Bank of Bahrain (CBB) to finance research, education, and training in Islamic finance.
More than 124 cases of intellectual property rights (IPR) violations were registered with the Public Prosecutor and Bahraini courts in the last three years, Business Software Alliance (BSA) said.
Bahrain Islamic Bank (BisB) posted a net profit of BD26 million during the first half of this year.
Arcapita Bank has entered China with a $2 billion investment to develop a 1,650mw portfolio of wind farms in the Inner Mongolia region.
CrediMax has signed an agreement with Bahrain-based Sharia Review Bureau (SRB) to supervise the designing and launching if its new products.
