Bahrain to get another luxury hotel next month
The K Hotel Bahrain, a brand new four-star deluxe hotel in the heart of Manama, is set open its doors ...
Fitch downgrades Albaraka Turk to ‘B+’; Outlook Stable
Fitch Ratings has downgraded Turkey-based Albaraka Turk Katilim Bankasi A.S.'s (Albaraka Turk) long-term foreign currency issuer default rating (IDR) to ...
Arig emerges as a strong regional insurance player: A.M. Best
A.M. Best Europe Rating Services Limited has affirmed the financial strength rating of B++ (Good) and the issuer credit rating ...
Microsoft launches MEA Windows Phone 7 Challenge
Microsoft Gulf announced the launch of an exciting competition with the official launch of the Middle East and Africa) Windows ...
Fitch downgrades ABC to ‘BBB/’F3’; outlook stable
Fitch Ratings has downgraded Bahrain-based Arab Banking Corporation's (ABC) long-term foreign currency issuer default rating (IDR) to 'BBB' from 'BBB+' ...
Abraaj Capital announces the first acquisition
Abraaj Capital, the region’s leading private equity firm, announced the first acquisition by its new income-generating real estate fund, ASAS, ...
Proposed merger of Al Khaliji and IBQ moving in the right direction
Al Khaliji (QE: KCBK) and IBQ have announced progress in the proposed merger discussions that began earlier this year. The ...
Accounting sector plays important role in the economic development
The Minister of Industry and Commerce Dr. Hassan Fakhro underlined the importance of cooperation and coordination between the ministry and ...
Batelco plans an acquisition between $1.5b to $2b: Group CEO
Mahmood Rafique [caption id="attachment_275" align="alignleft" width="300" caption="Peter, second from left, with Shaikh Ahmed Al Khalifa, left, and Ahmed Al Janahi ...
ME moving ahead with growth plans, optimism remains high
Mahmood Rafique The positive economic climate being supported by strong public sector spending on infrastructure development backed by resilient oil ...