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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: November 20, 2014
BAHRAIN. More than 100 potential entrepreneurs to benefit from this year's signature events.
Posted: November 18, 2014
BAHRAIN. The new equity will be used to fund Shariah compliant private equity and real-estate investments in Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait, the bank said.
Posted: November 17, 2014
SAUDI ARABIA. "The rapprochement reflects the countries' shared concerns of strategic threats in the region," according to Theodore Karasik. "There's been a lot of pressure on Qatar and a lot of behind-the-scenes negotiating, specifically with Kuwait acting as a broker."
Posted: November 17, 2014
BAHRAIN. Mr. Hopley brings over 20 years of corporate finance experience in the Middle East, North America, Latin America and Asia, particularly in the areas of private equity and banking.
Posted: November 13, 2014
BAHRAIN. Net profit increased to BD6.85 million, compared with BD3.26 million for the corresponding period in 2013; Discretionary assets under management grew by 23% to BD 389.04 million (US$ 1.03 billion).
Posted: November 11, 2014
UAE. Now that oil prices have fallen to below US$80 per barrel from around US$100 in the past few months, the economies of the oil-exporting nations of the Gulf Cooperation Council will be tested.
Posted: November 11, 2014
BAHRAIN. Vacancy rates for commercial space currently average around 25%; Demand within the residential leasing sector has remained relatively steady over the past two quarters.
Posted: November 11, 2014
BAHRAIN. Investcorp to maintain minority equity interest in new, combined company which will be able to effectively address the growing cyber security threat.
Posted: November 6, 2014
BAHRAIN. Mr. Thornton will work closely with the Board and members of senior management in driving the firm's strategy.
Posted: November 5, 2014
BAHRAIN. S&P anticipates "strong retained earnings" to remain as the principal source of growth capital for Trust Re projecting that "the group will retain almost all earnings generated in 2014-2015".
Posted: October 30, 2014
BAHRAIN. Founded in 1991, PRO Unlimited delivers a full range of services to address procurement, management and compliance issues related to contingent workers.
Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 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.


date:Posted: November 20, 2014
INTERNATIONAL. The trajectory of Japan's economy has much to teach us about the wisdom of Keynesian policies. Those who are not blinded by left-wing dogma should take a good look at where the road of permanent stimulus ultimately leads.
date:Posted: November 20, 2014
INTERNATIONAL. The path to the acceptance of the participatory approach to development was forged, through trial and error, over several decades until the 1990s, when its global recognition by development practitioners became well-established.
date:Posted: November 20, 2014
INTERNATIONAL. There is a high degree of uncertainty over how the Iranian negotiations and the OPEC meeting will play out, but the end of November will be hugely important for energy markets.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.