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Bahrain

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Posted: 03-08-2011
BAHRAIN. Bahrain's creditworthiness escaped a possible downgrade at Fitch Ratings because of reduced near-term political and economic risks in the island-kingdom that contended with anti-government protests earlier this year. Fitch said it removed the Gulf kingdom from its Credit Watch Negative list for borrowers facing a possible downgrade. Bahrain’s long-term foreign-currency issuer default rating was affirmed at BBB, the second-lowest investment grade, and its local-currency issuer default rating at BBB+. “The resolution of the Rating Watch Negative and affirmation of the rating r
Posted: October 30, 2014
BAHRAIN. Founded in 1991, PRO Unlimited delivers a full range of services to address procurement, management and compliance issues related to contingent workers.
Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
Posted: October 27, 2014
UAE. In the IMF scenario, Saudi Arabia, Oman and Bahrain risk running a budget deficit next year if their spending plans don't change to cope with declining crude prices.
Posted: October 27, 2014
UAE. Major road, bridge and railway projects are already underway, or in the planning phase, in Dubai, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain.
Posted: October 27, 2014
UAE. The recent completion of two major and long-running projects to update financial reporting of revenue recognition and financial instruments will usher in a new set of challenges for users of International Financial Reporting Standards (IFRS) in the GCC, says ICAEW.
Posted: October 26, 2014
UAE. Standard Chartered Bank hosts second Annual Global Research Briefing sessions for its clients in the UAE; Briefings also held in Jordan, Bahrain and Qatar.
Posted: October 23, 2014
QATAR. A DMA is used where an owner wishes to engage a third party to carry out a development on the owner's behalf, and is suitable where the owner may not have the necessary skills, expertise or capacity to undertake the development.
Posted: October 15, 2014
BAHRAIN. Cluttons' latest Property Market Outlook indicates that increased focus on higher quality developments will begin to put rents under strain at the top end of the market.
Posted: October 14, 2014
BAHRAIN. The projects will involve investment in the industrial, infrastructure, and tourism sectors and will increase Bahrain's competitive advantage.
Posted: October 13, 2014
BAHRAIN. Both bring expertise in financial services and extensive experience in the Middle East; Company expanding in the region; investing in real estate and private equity.
Posted: October 12, 2014
BAHRAIN. Bahrain Economic Development Board report highlights the important contribution of the oil and non-oil sectors to the overall economy; Total GDP growth for 2014 expected to reach about 3.7%.
Posted: October 12, 2014
BAHRAIN. Bahrain's retail market has witnessed significant growth during the first three quarters of 2014, according to the latest report from Cluttons.
Posted: October 10, 2014
BAHRAIN. Following Nemir Kirdar's decision to retire on 30 June 2015, the Board of Directors have accepted his recommendation to appoint Mohammed Al Ardhi as Executive Chairman.
Posted: October 7, 2014
BAHRAIN. Bahrain-based Investcorp is planning to sell the 20% stake in the manufacturer of industrial and specialty gases that it agreed to acquire in 2009, according to people familiar with the matter.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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