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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 8, 2015
UAE. Changes are likely to cushion the industry's financial soundness in the long run, but their cost could prove challenging for smaller insurers in the short term; Regulators will need to step up their game in order to take on the more sophisticated supervisory requirements.
Posted: September 30, 2015
UAE. Study reveals insights about the lives of residents in the GCC; Safe place to live and work, possibility of making good friends and having a comfortable lifestyle are main attractions.
Posted: September 23, 2015
INTERNATIONAL. The region's modern day projection of a visionary cutting- edge, 21st century urban environment masks however the fact that some things have not changed.
Posted: September 21, 2015
UAE. Debt issuance by corporate and infrastructure companies has fallen by 58% in the past 12 months to about $7 billion. This also reflects S&P's view that the credit cycle has reached a potential tipping point, with higher pricing anticipated going forward.
Posted: September 15, 2015
UAE. Aon Hewitt's annual salary increase survey reports GCC faring better than most oil producing nations in the Middle East; Kuwait tops GCC chart with 5.2% projected increase, with Bahrain rounding out the list with a projected 4.7% increase.
Posted: September 15, 2015
BAHRAIN. A line-up of global industry leaders to gather at 22nd World Islamic Banking Conference to take stock of Islamic finance's achievements & shortcomings and to forge roadmap for future.
Posted: September 15, 2015
UAE. UAE remains overall winner due to its diversified economy and the only net importer of private capital in the GCC; Saudi Arabia to benefit from increased private capital inflows, with the opening of the Tadawul ; Value of IPOs increasing significantly - and influencing the behaviour of family offices in the region.
Posted: September 9, 2015
BAHRAIN. The partnership will highlight BFH's many unique features and advantages to regional and international organisations looking to relocate, or set up operations in the GCC.
Posted: September 3, 2015
UAE. UAE's GDP growth in 2015 should reach 3.9% thanks to more established diversification efforts; Despite lower oil prices, GCC must not discourage investment in alternative energy supplies.
Posted: August 30, 2015
INTERNATIONAL. Lebanon's protest slogan, 'You Stink,' refers to much more than the piling up of garbage on the streets of Beirut and the lack of an efficient waste management system.
Posted: August 28, 2015
BAHRAIN. MedGulf Bahrain, parent to the MedGulf group, has reported significant first-half 2015 losses at its Saudi Arabian affiliate, MedGulf KSA, causing earnings at the MedGulf KSA and group level to fall below S&P's expectations.
Posted: August 20, 2015
BAHRAIN. The WIBC Leaderboard and Performance awards will gauge leading banks in the industry at the global, regional and national levels.
Posted: August 18, 2015
UAE. GCC governments understands the urgent need for fiscal-sustainability in the long-term. This urgency, according to Deloitte's latest report, would be addressed if GCC governments could commit to the domestic implementation of a broad-based Value Added Tax on goods and services.
Posted: August 16, 2015
BAHRAIN. 100 apartments offering unrivalled five-star luxury living; Access to beach island and water sports facilities; Located close to King Fahd Causeway to Saudi Arabia.
Posted: August 12, 2015
UAE. Transborder rail transport in the Arabian Peninsula dates back to the early 20th century and the Hejaz Railway which linked Damascus in Syria to Medina in Saudi Arabia; Over a century following its closure, the GCC is now embarking on one of the largest modern cross-border rail networks in the world.


date:Posted: October 9, 2015
UAE. The Minister of Labour issued three ministerial decrees due to take effect from 1 January 2016; New rules to ensure both employer and employee enter into fully voluntary relationships.
date:Posted: October 9, 2015
UAE. The healthy level of demand and low supply of prime office space has helped to exert continued upward pressure on rents. Prime rents were again flat quarter on quarter but were up 2.1% from a year earlier.
date:Posted: October 8, 2015
UAE. Technology is transforming how we do business, how we communicate and the ways we learn; Trend towards a more rigorous form of professional testing is sweeping the region.
UAE. The Minister of Labour issued three ministerial decrees due to take effect from 1 January 2016; New rules to ensure both employer and employee enter into fully voluntary relationships.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.