Latest news with #BD3
Daily Tribune
3 days ago
- Daily Tribune
High Court of Appeal overturns woman's drug smuggling acquittal
A woman who told police she had come to Bahrain to see her husband has been jailed for five years after the High Court of Appeal overturned a decision that had spared her punishment for smuggling methamphetamine. The court also imposed a fine of BD3,000 and ordered her deportation once her sentence is complete. The Public Prosecution had challenged the earlier verdict, arguing she did not meet the legal bar for leniency. Customs officers found the drug, which is banned under Bahraini law, during a search of her luggage after she arrived at Bahrain International Airport from abroad. She denied knowing anything about it and said she was in the country to reunite with her husband, who lives locally. She gave police his details and he was tracked down for questioning. He also denied any link to the drugs. Prosecutors charged her with importing and possessing a psychoactive substance with intent to sell in circumstances not permitted by law. The man was charged with aiding and abetting. The lower court sentenced him to five years in prison, imposed a BD3,000 fine, and ordered his deportation. It let the woman off, citing her cooperation with police and the information she gave about the man. That ruling was brought before the Court of Appeal, which found the woman's assistance to be insufficient.
Gulf Insider
18-05-2025
- Business
- Gulf Insider
Bahrain: Pharmacy Ordered to Pay BD3,100 Over Unpaid Medical Supplies
A pharmacy has been ordered to pay over BD3,100 to a medical supply firm after the final cheque in a batch of eight wasn't honoured because the amount written in figures didn't match the words. The Commercial Court was told the company, represented by lawyer Somaya Abdulla, had supplied the pharmacy with medicines and equipment worth BD7,559 under a credit arrangement. Seven cheques were paid. The eighth was rejected by the bank due to the mismatch. The pharmacy refused to issue a new one. After repeated attempts to settle the matter were ignored, the supplier took the case to court. To make its case, the company produced the credit agreement, signed and stamped by someone tied to the pharmacy, along with invoices showing what had been supplied. These bore signatures and stamps said to be from people acting for the pharmacy. The court said the documents stacked up and confirmed that the goods had been delivered and received. With BD3,140.767 still unpaid, it ruled in the company's favour. A second defendant had signed the same agreement as guarantor.
Daily Tribune
18-05-2025
- Business
- Daily Tribune
Pharmacy ordered to pay BD3,100 over unpaid medical supplies
A pharmacy has been ordered to pay over BD3,100 to a medical supply firm after the final cheque in a batch of eight wasn't honoured because the amount written in figures didn't match the words. The Commercial Court was told the company, represented by lawyer Somaya Abdulla, had supplied the pharmacy with medicines and equipment worth BD7,559 under a credit arrangement. Seven cheques were paid. The eighth was rejected by the bank due to the mismatch. The pharmacy refused to issue a new one. After repeated attempts to settle the matter were ignored, the supplier took the case to court. To make its case, the company produced the credit agreement, signed and stamped by someone tied to the pharmacy, along with invoices showing what had been supplied. These bore signatures and stamps said to be from people acting for the pharmacy. The court said the documents stacked up and confirmed that the goods had been delivered and received. With BD3,140.767 still unpaid, it ruled in the company's favour. A second defendant had signed the same agreement as guarantor.
Daily Tribune
13-05-2025
- Business
- Daily Tribune
AlAbraaj Announces Strong Profits
TDT | Manama AlAbraaj Restaurants Group B.S.C. has announced a strong start to the year, reporting sustained profitability and advancing its strategic expansion plans. The company's Board of Directors met on Monday and approved a dividend payout of 60 percent of first quarter profits to shareholders, underlining its confidence in the business outlook. Solid financials The group recorded a net profit before associated income of BD146,982 for the three months ended March 31, reflecting a 1.8 percent increase compared to the same period last year. Net profit after associated income rose by 7.1 percent to BD125,810. Revenue for the quarter reached BD3,582,260, reflecting the anticipated seasonal impact of Ramadan and the temporary refurbishment of two outlets, both of which have since successfully resumed operations. Total assets stood at BD27,318,014 with total equity holding firm at BD14,519,517, demonstrating the company's strong balance sheet and financial stability. Expansion initiatives AlAbraaj Restaurants Group is pushing ahead with an aggressive expansion strategy. Three new outlets have opened in Bahrain, including the Camel Club Café at Al Liwan in Hamala on Monday, Lumee at Bahrain City Centre, and Orso, a new Italian dining concept, at The Avenues Bahrain. Additionally, the group has established a wholly owned subsidiary in Saudi Arabia, with plans to open a flagship restaurant in Riyadh in 2026. The regional footprint was further strengthened with the launch of a YaSalam franchise at Jeddah Airport in March. Cost management success Despite challenging market conditions, the company has maintained profitability through stringent cost control measures. Finance costs were reduced by 27.22 percent, supported by a strategic partial principal payment of BD3 million following the company's IPO. AlAbraaj said these measures reflect its commitment to financial discipline while pursuing growth across Bahrain and the wider GCC region. The company remains confident in its ability to leverage its strong financial position to support ongoing investments and expansion plans. The group announced that all branches across Bahrain are fully operational, following successful refurbishments that enhanced service offerings and improved customer experience during the first quarter. AlAbraaj celebrated the opening of three new outlets in Bahrain, reflecting its commitment to introducing fresh concepts and strengthening its leadership position in the Kingdom's dynamic dining scene. The company's establishment of a wholly owned subsidiary in Saudi Arabia was described as a major step forward in its regional expansion strategy, with the upcoming Riyadh flagship restaurant poised to anchor its growing footprint in the Kingdom. AlAbraaj reaffirmed that its substantial asset base and strong equity levels provide a powerful platform to support its ambitious growth agenda, allowing it to capitalise on emerging opportunities and deliver sustained value to stakeholders.
Gulf Insider
10-05-2025
- Gulf Insider
Bahrain: Masked Man Caught After Petrol Attack on Currency Exchange and Theft of Thousands in Cash
A robbery plan hatched by a 30-something man fell apart in seconds after he burst into a currency exchange, doused the cashier in petrol and tried to flee with thousands in cash. Passers-by chased him down and held him until police arrived. Wearing a black coat, hat and surgical mask, he entered the premises armed with a gas canister, lighter, knife and a lump of white charcoal. He lit the coal, threatened to burn the place down, and demanded the money. The cashier handed over around BD3,000. Help But as the would-be thief made for the door, the cashier gave chase, calling for help. Witnesses nearby stepped in, and one of them grabbed the man and restrained him until officers turned up. He now faces charges of attempted robbery and arson. Prosecutors say he put lives at risk and tried to take money by force. Ruling The High Criminal Court is expected to rule on 15 May. His lawyer has asked for him to be acquitted. Inside the courtroom, the story was laid out in detail. The cashier said he was taken by surprise when the man walked in masked and hooded, pulled out his tools and demanded cash. He described being sprayed with fuel and threatened with fire. Employee Another employee confirmed what had happened. A worker from a neighbouring company said he saw the man run out with a wad of cash. He was not sure if the man had a knife, but joined the chase when he saw someone behind shouting. The first witness's shirt was later tested and found to carry traces of petrol. Cries A passer-by who heard cries of 'Harami!' (Arabic for thief ) said he saw the masked man held down on the pavement, with money scattered around. Police were called and soon had the suspect in hand. When officers arrived, they found a man holding a green knife, a black lighter and a bag stuffed with cash. He was taken into custody on the spot. Footage CCTV footage from the shop, handed over by the branch manager, showed the full sequence. Police noted the state of disorder inside the premises when they arrived. The man's plan, it seems, collapsed before it got anywhere.
