N King Hails Role of Press Banksas Well As Conventional Competi- Mr Al Maraj Said the CBB Is In- Banks to Merge Or Ac- Quire Other Institutions
Total Page:16
File Type:pdf, Size:1020Kb
VOL XXXVIII No. 258 (GGDN 024) THURSDAY, 3rd DECEMBER 2015 200 Fils/2 Riyals TI SCIENTIFIC CALCULATORS book your seat on cinema.bh www.gulfcomputerservices.com CALL TO MANAMA: Central Bank of Bahrain (CBB) Gov- ernor Rash- n His Majesty King Hamad congratulated Bahraini people as the kingdom prepares to celebrate the National Day. He also greeted them on Martyrs’ eed Al Maraj Day, which falls on December 17. This came as he received at Sakhir has made Palace a number of citizens and praised their role in serving Bahrain. a renewed Full report – Page 12 call to Bah- raini Islamic n King hails role of Press BANKSas well as conventional competi- Mr Al Maraj said the CBB is in- banks to merge or ac- quire other institutions. tors, the preferred path, particular- troducing a centralised Sharia Board MANAMA: His Majesty King Hamad ly for Islamic investment banks, with a broad mandate. yesterday praised the outstanding role In his keynote address at the Human resource development con- played by the national Press as he received opening of the 22nd annual World was to merge in order to create tinues to be an important contributing a letter from Information, Parliament Islamic Banking Conference institutions of size. factor in Islamic finance industry’s and Shura Council Affairs Minister Isa (WIBC), he said given a tougher “Not only will this increase their growth worldwide. Mr Al Maraj said Al Hammadi marking the signing of the chances of survival by enabling them a number of training programmes had Charter of Press Ethics by the editors- through committed instalments by a regulatory environment, challeng- to participate in larger deals but will in-chief of local newspapers. Akhbar Al number of late payers,” he said. “This been launched to broaden the horizon Khaleej editor-in-chief Anwar Abdulrahman leaves BD48.3m actually owed to the es to their business model and in- also help them attract the right human of resources and plug knowledge gaps. creased competition from Islamic resources,” he said. lauded the charter, stressing that constructive EWA that needs to be collected.” He Full report – Page 19 criticism is one of the manifestations of said that the outstanding amount was freedom of expression, but should not be down 15 per cent from the BD141.4m exercised at the expense of the nation. owed in December 2013 and BD137.1m UK MPs vote to Full report – Page 12 at the end of 14 killed in US shooting December last year. “We have LOS ANGELES: One or more Angeles, as police warned resi- n BD127m unpaid bills managed to collect back bombing gunmen opened fire inside a dents away. MANAMA: Unpaid electricity and water an average of centre for the disabled in San The shooting took place inside LONDON: bills reached BD127.3 million by the 102pc monthly FREE! Britain’s parliament voted ear- Bernardino, California, early this a packed conference room within end of March, Energy Minister Dr from fresh bills ly this morning to launch bombing raids morning, killing at least 14 people Inland Regional Centre, which Abdulhussain Mirza said yesterday. besides owed against Islamic State in Syria, supporting and wounding the same number assists people with developmen- He revealed BD169.3m was owed to amounts,” Prime Minister David Cameron’s case that before fleeing the scene, officials tal disabilities. the Electricity and Water Authority he said. the country needs to help destroy militants said. Witnesses said suspects were (EWA) at the end of the first quarter, Meanwhile, Only who are “plotting to kill us”. Police were still hunting for the seen leaving the scene in a black with BD42m in late municipal fees a new attacker or attackers, saying one SUV. Police could not confirm that accounting for the rest. “Around mechanism After more than 10 hours of tense de- to three possible suspects were the attackers were wearing mili- for bate, MPs voted in favour of air strikes, by BD9m is owed from cancelled accounts, has been being sought, and said it was tary-style body armour. BD36.5m are actual payments owed developed 397 to 223. not immediately clear what the President Barack Obama from the first three months of the year, by EWA to GDN British Tornado GR4 bombers could motive was. The FBI said that so decried what he called the “pat- while BD2.7m was owed by needy recover dues for leave an air base in Cyprus within hours to far, it was unclear if the shooting tern” of mass shootings in the US families, who we instructed not to cut the consumption subscribers launch the country’s latest military action was a “terrorist incident”. and reiterated his call for tougher off power to,” said Dr Mirza. “The of electricity in the Middle East. Heavily armed SWAT teams, gun controls. government owes the EWA BD8.5m and and water. His Cameron had earlier urged MPs not to firemen and ambulances The shooting comes just days there has been an agreement with the action plan, Dr swarmed the scene, locat- after a lone gunman killed three Finance Ministry to settle it through Mirza said, has turn their back on allies such as France in ed about an hour east of Los people at a clinic in Colorado. their time of need. book transfers, while BD23.3m is owed succeeded in collecting BD201m. Year End SALE 2 Gulf Daily News Thursday, 3rd December 2015 Email: [email protected] Gulfdailynews @GDNonline @GDNonline GDNonline Gulf Daily News Thursday, 3rd December 2015 3 CompaniesGulfdailynews @GDNonline evicted@GDNonline GDNonline over safety fears n Highly ammable materials are stored at the location n Some of the storage facilities that are being relocated COMPANIES have been evicted from an By MOHAMMED AL A’ALI area on the outskirts of Manama over fears that warehouses used to store building houses and not setting up safety measures since materials and chemicals could explode. they could be asked to leave at any moment,” They are located in Ghufool and companies said board chairman Mohammed Al Khozaee. using them as storage facilities have been or- “We are very worried that if the place catch- dered to vacate the land by the Capital Trustees es fire it would affect all the surrounding area, which is crowded with businesses and people Board. – making it difficult to control. The companies are already facing legal ac- “Those companies dealing with tion for alleged municipal, security building materials and chemicals and safety violations and the Capital should be located in an industrial Trustees Board is now co-operating area like Sitra, not in the heart of the with landowners, mainly the Jaffari capital. Waqf Endowment, to terminate their “Those companies have been at leases. the site for decades, but we don’t re- That is despite some companies ally care – people’s lives are threat- complying with General Directorate ened and we need urgent action.” of Civil Defence instructions, as the Mr Al Khozaae claimed the con- warehouses were still considered a tents of some were so volatile that hazard to the entire area. they could explode at any moment. One company was ordered to va- n Mr Al Khozaae “It has no or minimal safety or cate the area two years ago by a court emergency equipment due to the over concerns that its showroom, way it is built and an explosion will mean vast workshop and stores were a safety risk to near- destruction to lives and property,” he said. by homes and businesses. “The area’s whole infrastructure is a mess However, the Capital Trustees Board said it and it has been made worse by the companies was still operating having made minor changes there. to its operations. “It is time they were shown the exit, whether “The problem is that those companies are on they like it or not, because the location matters long-term leases, mostly with the Jaffari Waqf to us.” Endowment, but are not building proper ware- [email protected] n Car care centre Ziebart Bahrain opened a new branch in Seef Mall Muharraq. An automotive detailing and protection solution division of Ebrahim K Kanoo, the new outlet offers customers the chance to explore the latest car care solutions with expert sales advisers. Above, Seef Management general manager Robert Addison, second from left, with Ziebart Express operations manager Jacob Stephen, second from right, and other ofcials at the opening. Gulf Daily News Gulfdailynews @GDNonline @GDNonline GDNonline Email: [email protected] 4 Thursday, 3rd December 2015 Gulfdailynews @GDNonline @GDNonline GDNonline n A reception was held last night at the residence of British Ambassador Simon Martin in Manama for a visiting delegation of 23 British education and training providers. The delegation is showcasing their training and partnership offers to ministries, companies and universities. It includes universities, colleges, private training providers and companies specialising in business solutions and offering a wide range of professional development programmes, vocational qualications, teacher training, courses with industry recognised accreditation and management consultancy. They were chosen to represent the ‘Education and Training Trade Mission to Bahrain, Oman and Qatar’ which concludes on December 9. The mission is headed by UK Trade and Investment and The Training Gateway, which hosted the reception. Above, Mr Martin with the members of the delegation and guests at the reception. New parks ban in Manama By MOHAMMED AL A’ALI A BAN on new public parks and gardens has been imposed in Manama. However, many existing family recreation facilities will be developed to include walk- ways, sports pitches and indoor sports courts. The decision was taken yes- terday by the Capital Trust- ees Board, which says it will prevent millions of dinars being wasted on unnecessary projects.