Telecom

S&P affirms BB+ rating on Batelco; outlook stable »

DUBAI: Standard & Poor’s Ratings Services has affirmed its BB+ long-term corporate credit rating on Bahrain-based telecommunications incumbent Bahrain Telecommunications Co. (Batelco). The outlook remains stable. At the same time, S&P affirmed its…

Dec 18 2014 / Read More »

Bahrain enjoys competitive mobile, broadband market »

Mohamed Bubashait, TRA General Director

Seef District: Significant competition has been developed in Bahrain in the last years, notably for broadband and mobile services, according to TRA’s SMR. “Consumers in Bahrain have today, in general, a wide range…

Dec 18 2014 / Read More »

Batelco appoints 1st female at top slot »

Muna Al Hashemi

Manama: Batelco Chairman Shaikh Hamad Bin Abdulla Al Khalifa announced the appointment of Mrs. Muna Al Hashemi as acting CEO Bahrain opereations. Mrs. Al Hashemi takes over the lead role for the company’s…

Dec 4 2014 / Read More »

Breaking News

Bahrain News

Emir of Kuwait honors the CEO of eGA »

eGA Wins HH Shaikh Salem AlAli AlSubah Award in Kuwait 2

Manama: His Royal Highness, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Emir of the State of Kuwait, honored the eGovernment…

Dec 19 2014 / Read More »

Oil prices, policies and politics to dominate MEA ratings »

Falling oil prices, the policy response of oil exporters, reform momentum and politics, will be the main influence on…

Dec 19 2014 / Read More »

Easy Taxi reduces Taxi roaming time by 20% »

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Jeddah: The Ministry of Transport in Saudi Arabia has issued a new law that forces taxi firms to install…

Dec 19 2014 / Read More »

OPEC’s inaction may bring oil prices to $50+/bbl »

Saudi Aramco

With OPEC giving up on its mission of “ensuring the stabilization of oil markets” last week and allowing the…

Dec 19 2014 / Read More »

Equities remain hot spot for global investors »

US Flag

Global investors are keeping faith with equities while raising cash as markets enter the volatile year-end period, according to…

Dec 18 2014 / Read More »

Bahrain to host major aviation meet, expo »

Mohammed Al Binfalah - CEO Bahrain Airport Company (BAC)

Manama: The Kingdom of Bahrain is set to host a major aviation forum and exhibition in April 2015. The…

Dec 18 2014 / Read More »

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  1. Fitch maintains stable rating for all GCC banks
  2. Emir of Kuwait honors the CEO of eGA
  3. Oil prices, policies and politics to dominate MEA ratings
  4. Dh35b worth of shares traded on DFM
  5. Huawei sells over 20m Honor units worth $3b
  1. Ronda White: Interesting article. I hope everyone follows the guide to reduce their carbon emissions.
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Supreme Council for Women

BCCI plans workshop on Creative Thinking »

Manama: SME Development and Support Center at the BCCI as part of its strategy will organise a workshop titled Creative Thinking on Monday from 4:00 to 6:00 PM at Al Majlis Hall of BCCI. The workshop will be organized in […]…

Sep 21 2014 / Read More »
Nabeel Al Mahmood

Fitch maintains stable rating for all GCC banks »

Fitch Ratings has maintained stable rating outlooks on all banks in the Gulf Cooperation Council (GCC), largely driven by the probability of sovereign support. Regional unrest has had a negative impact on rating Outlooks in other countries in the Middle […]…

Dec 19 2014 / Read More »
Saudi Hollandi Bank

Oil prices, policies and politics to dominate MEA ratings »

Falling oil prices, the policy response of oil exporters, reform momentum and politics, will be the main influence on ratings in the Middle East and Africa (MEA) in 2015, according to Fitch Ratings in its 2015 Outlook for the region. […]…

Dec 19 2014 / Read More »

Dubai’s freehold residential market down 33% in Q3 »

Dubai: Despite the stagnation in capital value growth and the fall in the overall level of transactions being recorded in Dubai, the off plan sales market has for the most part retained its momentum, with investors taking a longer term […]…

Dec 18 2014 / Read More »
World's iconic tower Burj Khalifa Duabi UAE

Burj Al Arab gets over 6million likes in 7 months »

Dubai: Burj Al Arab Jumeirah, the World’s Most Luxurious Hotel, has been awarded the global title ‘Best Social Media Presence by an Individual Hotel, Property or Resort’ by Skift, the world’s largest travel intelligence and marketing platform. During the seven […]…

Sep 27 2014 / Read More »
Burj Al Arab's marketing team

Banking & Finance

Saudi Hollandi Bank

Fitch maintains stable rating for all GCC banks »

Fitch Ratings has maintained stable rating outlooks on all banks in the Gulf Cooperation Council (GCC), largely driven by the probability of sovereign support. Regional unrest has had a negative…

Dec 19 2014 / Read More »

Dh35b worth of shares traded on DFM »

Bahrain Bourse DFM

DUBAI: Bahrain Bourse (BHB) signed a Memorandum of Understanding (MoU) with Dubai Financial Market (DFM) to introduce an electronic system that represents…

Dec 19 2014 / Read More »

Adnan Yousif applauds educational achievements of employees »

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Manama: Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group received Saber Mohammed Alebrahim, who gave him a copy…

Dec 8 2014 / Read More »

Jamal al Hazeem CEO BMI Bank steps down »

Jamal-Ali-Al-Hazeem

Manama: BMI Bank, a subsidiary of Al Salam Bank – Bahrain (ASBB), announced that Jamal Al-Hazeem, Director and Chief Executive Officer of…

Dec 7 2014 / Read More »
Global Sukuk market to reach $907b » Fitch affirms five Bahraini banks’ ratings » Markaz sponsors Accounting & Auditing Conference » National Bank of Kazakhstan gets AAOIFI membership » Islamic banking industry urges to review its business models »

Government

Bahrain-Russia keen on bolstering ties »

Industry and Commerce

MANAMA: Industry and Commerce Minister Zayed bin Rashed Al Zayani held talks with Russian Ambassador to the Kingdom Victor Smirnov and discussed…

Dec 13 2014 / Read More »

Bapco achieves its financial and production targets »

Adel Al Moayyed
Chairman, BAPCO,

Manama: Despite fierce competition, the Bahrain Petroleum Company (Bapco) is on the right track in terms of achieving its financial and production…

Dec 11 2014 / Read More »
Bahrain’s 17-member new cabinet takes oath » eGA enjoys 44% women employees » Record low oil prices: a wake-up call for Middle East »

Oil prices, policies and politics to dominate MEA ratings »

Falling oil prices, the policy response of oil exporters, reform momentum and politics, will be the main influence on ratings in the Middle East and Africa (MEA) in 2015, according…

Dec 19 2014 / Read More »

Aviation