Kuwait saw this: and got rightly concerned, so: Kuwait drops dollar peg in blow to Gulf currency union KUWAIT, May 20 (Reuters) – Kuwait unshackled its dinar from the tumbling U.S. dollar on Sunday and switched the exchange rate mechanism to a basket of currencies, throwing plans for currency union with other Gulf Arab oil …
A few days ago all hell broke loose when Al-Wasat broke the story that the largest constellation of coral reefs in Bahrain was up for grabs, if it hadn’t already. Ministries were quick to vociferously deny such a thing and issued legal threats to sue everyone who dares to suggest a transparent government. Well, today …
This morning’s Al-Wasat greets us with the fantastic news that the country (or someone in it) is going to be richer by almost one billion Dollars as it is (considering? selling? sold? given? gifted?) selling one of the largest constellations of coral reefs 20kms to the north of the main island. Fasht Al-Jarem is one …
Bahrain now officially owns Gulf Air, well, within 6 months anyway, once they divvied up the assets, so will it by then hire some bright spark branding company and spends millions of Dinars to change the name to it’s national flag? Will it then be called “Bahrain Air” and leave a rich heritage of decades …
Are you going to get a piece of this: Good luck if you are, I know that I will try to. I’m just a bit hesitant though when 30% of the Seef Mall (or is it Seef Properties in full) is actually owned by limited income families, bestowed upon them by his majesty the king …