Major medical city to be built in Bahrain

A multimillion-dinar medical city is set to be built in Bahrain’s Southern Governorate, on donated land from His Majesty King Hamad.  There will be 264 beds, four centres of excellence and research, a college of medicine and student dorms, as well as accommodation for doctors.

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UK training delegation seeking partnerships

The UK Trade and Investment and the Training Gateway are bringing a group comprising of 20 universities, colleges and private training providers to Bahrain next week who will be looking for a wide range of partnership opportunities in Bahrain.   The opportunities shall include direct delivery of their courses, franchising or licensing their programmes to local training organisations, as well as opportunities to develop educational partnerships with local universities and colleges.

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MAJOR ISLAMIC BANKING CONFERENCE OPENS TODAY

The Central Bank of Bahrain and the Economic Development Board are supporting the World Islamic Banking Conference (WIBC) which is meant to be the world’s largest with over 50 countries expected to attend consisting of the most in most influential international gathering of Islamic finance industry leaders.  Celebrating 21 years of growth, the conference will run from the 1st to the 3rd December.

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Mumtalakat launches sukuk

Bahrain’s investment firm, Mumtalakat, has raised US$600 million with its first dollar Islamic issuance.   Joint lead Managers in the deal are BNP Paribas, Deutsche Bank, MUFJG and Standard Chartered with Arab Banking Corporation and National Bank of Bahrain acting as co-lead managers.

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Bahrain company signs pipeline technology deal

OAK Utility Solutions and Development, a Bahrain-based international developer of clean-tech sustainable energy and water utilities and provider of specialist service solutions to the oil and gas and petrochemical industrie, has entered into an exclusive licence agreement to bring a new pipeline rehabilitation technology known as XHab to the Middle East.

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Zu’bi & Partners wins prestigious IFLR Law Firm of the Year Award for Bahrain

IFLR MEA Awards Rosette 2014

Zu’bi & Partners Attorneys & Legal Consultants (Z&P), Bahrain’s oldest established and leading law firm, and one of the region’s top tier firms, has won the prestigious National Law Firm of the Year 2014 Award for Bahrain presented by the International Financial Law Review (IFLR), the leading market guide for financial and corporate law firms worldwide at its awards ceremony held on 15th October 2014 at the Burj Al Arab in Dubai, the most well attended IFLR awards ever.

Z&P is consistently recognized and listed among the top law firms in the region by leading legal journals, directories and periodicals, such as Chambers Global, IFRL1000 and the Legal 500. The firm, listed by IFLR1000 as “Financial & Corporate Recommended Firm 2015”, also recently won the “Dispute Resolution Law Firm of the Year 2014: Bahrain” and the “2014 M&A Law Firm of the Year” awards from Acquisition International Magazine. It also received a “2014 Top 250 Leading Firm” award from Intercontinental Finance Magazine (ICFM) and a number of other accolades from other prominent finance and legal publications.

Hatim Q. Zu’bi, Partner, commented: “We are delighted with our success at the IFLR Middle East Awards, which are highly competitive and an important benchmark of performance. This award reflects the excellent legal services which the firm provides to its clients, thanks to the dedication and expertise of our team of highly qualified lawyers. We look forward to building on our success in 2015 and to expanding the range of services we provide in the region”.