Flip through the latest issue of Gulf Weekly.
Islamic banking began as a theological dream, but today it has become a practical reality across the Middle East.
Bai-Mujal/Murabaha (cost-plus financing) is a resale contract, whereby a bank buys goods on the client’s behalf and then sells them to the client at an agreed profit margin.
AIR Arabia, the first low-cost carrier (LCC) in the Middle East and North Africa, has been named winner of the award for Operational Excellence 2005-2007 by Airbus, one of the world’s leading aircraft manufacturers.
MENA Telecom is in the final stages of concluding negotiations for one of the most exciting nationwide telecommunications projects Bahrain has seen in many years.
Business Software Alliance (BSA), the international association established by the software industry to promote a safe and legal digital world, has announced that counterfeit software use in Bahrain has held steady despite an expanding IT market, with counterfeit software use in 2005 and 2006 remaining at 60 per cent of overall software demand.
