BAHRAIN. Retaining a mobile or a fixed line number is an important factor for consumers when changing telecommunications service providers, as revealed by the consumer survey conducted in 2007. The Telecom Regulatory Authority (TRA) in Bahrain is therefore aiming to create the environment to encourage choice of telecommunications providers with low barriers to consumer in changing from one provider to another. "One method of removing a key barrier to change is to allow customers to keep their telephone number through enforcing number portability. Such a facility will encourage operators t
INTERNATIONAL. Russia topped a list of 25 countries of the best places for expats to live in terms of personal finances, followed by Saudi Arabia and Bahrain, an HSBC survey said.
UAE. Moody's Investors Service has today downgraded Bahrain's local and foreign currency government bond ratings to A3 from A2. The outlook on these ratings is now stable.
INTERNATIONAL. Ahsan Ali Syed has moved into pole position to take over Blackburn after his Western Gulf Advisory investment vehicle was given exclusivity to check the club's accounts.
BAHRAIN. The expectations are based on the continued weakness in Bahraini and regional real estate and the impact it is having on the rest of the economy.
INTERNATIONAL. Blackburn Rovers could be the latest English club set for a takeover after Indian entrepreneur Ahasan Ali Syed made a formal approach to the club's advisors
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.
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