KFH-Bahrain wins top award for merger role

DEAD SEA: UAE's Majid Al Futtaim Holding (MAF) - sole franchise of hypermarket chain Carrefour in the Gulf - said it foresaw capital investments of up to $1 billion this year as it steadily expanded its foothold in the region.

MANAMA: A graduation ceremony was held yesterday for a second group of Bahraini professionals who benefited from Tamkeen's Accountancy, Finance and Islamic Finance Programmes.

SANTIAGO: A slowdown in Chile's robust growth has opened up the option of an interest rate cut to jolt the economy of the world's number one copper producer, Finance Minister Felipe Larrain said yesterday.

DEAD SEA: Jordan's economy is expected to grow around 3.5 per cent this year driven by remittances, higher domestic consumption and some pickup in construction activity, the kingdom's central bank governor said yesterday.

MANAMA: Ebrahim Khalil Kanoo, the exclusive distributor of Toyota and Lexus vehicles in Bahrain, has purchased a set of plots from the Investment Gateway - Bahrain project in the Muharraq Governorate.

MANAMA: The Telecomm-unication Regulatory Authority (TRA) represented Bahrain at the 5th World Telecommunications/ICT Policy Forum organised by the International Telecommunication Union in Geneva.

BRUSSELS: European leaders have decided youth unemployment and the risk of social breakdown are among the toughest challenges they face and finding solutions will be a top priority for the coming months.

MANAMA: Menatelecom, an investment subsidiary of Kuwait Finance House - Bahrain, has announced a new service offering for international fixed line customers which the company says delivers significant savings.

YANGON: Japan's premier yesterday pledged "all possible assistance" to kick-start Myanmar's ailing economy, hailing a major industrial zone near Yangon as a symbol of development for the impoverished nation.