The Egyptian banking sector, with combined assets of $230 billion as of October 2010, is in a good shape and was not affected by the people uprising in Egypt, the President of Union of Arab Banks (UAB) said on Monday. Adnan Ahmed Yousif, Chairman of the UAB, said that the Egyptian banks were in a [...]
The management of the Royal Golf Club has signed a partnership agreement with VIVA, Bahrain’s innovative telecommunications provider. “We are very happy to confirm this partnership which will be beneficial to our Club Members as well as to residents of the Riffa Views community,” said Susan Stevenson, Acting General Manager of the Royal Golf Club. [...]
Kuwait Finance House Bahrain (KFH-B) views training and development as an essential role in developing employees as a key asset of human resources, a top official at the bank said. Abdulhakeem Alkhayyat, Managing Director and CEO of KFH-B affirmed the bank’s commitment and policy to attract and train young Bahraini professionals. Alkhayyat welcomed Hamed Yousef [...]
With 203 e-Services are available through four channels, the Kingdom of Bahrain announced the successful completion of the BD30 million e-Government National Strategy 2007-10, senior Government officials said on Monday. The eGovernment transactions cost 90 fils while in the traditional method the range is between BD3to BD6.5, saving between 30 times to 65 times. Addressing [...]
On behalf of the syndicate of creditors, the Investment Agent ABC Islamic Bank (E.C.), confirms that no meaningful proposal has been received from International Leasing and Investment Company (ILIC) in respect of restructuring its debts. “The creditors therefore emphasize that any news from International Leasing and Investment Company stating or giving the impression that such [...]
The global financial crisis has ushered in a new era for ministries of finance worldwide as these bodies now must do more, and solve more complex problems, than at any time in recent economic history, according to findings of a survey. According to Booz & Company survey which covered more than 60 finance ministers and [...]
Atlantis, The Palm, the leading entertainment resort destination in the Middle East, has announced special rates and activities to cater for Bahraini visitors during the mid-term holidays from 3 to 18 February, including a special rate starting from BD 138 and exclusive women-only sessions at Dolphin Bay and Splashers play area at Aquaventure, in addition [...]
The free trade agreement (FTA) with the United States is a major economic treaty with a major trading partner and it carries enormous economic rewards, according to Shaikh Khalid bin Ahmed Al Khalifa, Minister of the Royal Court. Shaikh Khalid in an interview to Oxford Business Group (OBG) said that he was bullish on the [...]
