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DDN provides storage systems for unstructured data and big data, like AI, analytics and high performance computing (HPC) environments, in enterprise, government and academia sectors. Although privately held, DDN announced that it had achieved annual revenue of $400 million and its highest profitability in 2020.
In 2003 and 2004, the balance of payments improved due to rising oil prices and increased receipts from the services sector. As a result, the current account balance registered a surplus of US$219 million in 2003 and a surplus of US$442 million in 2004, compared to a deficit of US$35 million in 2002.
The 100f and 500f values from the 1966 and 1971 revenue issues also exist with a handstamp in Arabic reading War Tax, and these were used to pay the surtax applied at Bahrain Customs. In 2002, a label was issued to pay the Airport Departure Fee, and a similar one with a revised inscription was issued some time later. [3]
A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the payer and pay those funds into a bank account designated by the ...
The Labour Market Regulatory Authority (LMRA) is a government body in Bahrain with a corporate identity endowed with full financial and administrative independence under the authority of a board of directors chaired by the Minister of Labour. The Authority was established on 31 May 2006 to regulate and control work permits for foreign workers ...
A fleet card is used as a payment card, most commonly for gasoline, diesel and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses, at the discretion of the fleet owner or manager. The use of a fleet card reduces the need to carry cash, thus increasing the security for fleet drivers.
Telecommunications in Bahrain are provided by the Bahrain Telecommunications Company, trading as Batelco, as well as other companies such as Zain and STC. [1]Prior to 1981 telecommunications services were provided by two separate departments: national services were provided by the Bahrain Telephone Company and international services by Cable & Wireless of the United Kingdom.
The National Financial Switch was launched by the IDRBT on 27 August 2004, connecting the ATMs of three banks, Corporation Bank, Bank of Baroda and ICICI Bank. [3] [4] [5] The IDRBT then worked towards bringing all major banks in India on board and by December 2009, the network had grown to connect 49,880 ATMs of 37 banks, thereby emerging as the largest network of shared ATMs in the country.