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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: 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.
Posted: August 11, 2015
BAHRAIN. Opened on 9 August 2015, this new office enables Clyde & Co to provide cost effective and high quality support on intellectual property matters in Bahrain, a key country in the region.
Posted: August 3, 2015
BAHRAIN. The Saudi-based investment banking arm of Gulf International Bank (GIB), was recently granted three key awards by EMEA Finance magazine for their role in key transactions in 2014.
Posted: July 29, 2015
UAE. Investment values in Egypt increased in 2014; UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments, according to the latest "MENA Private Equity & Venture Capital" report.
Posted: July 14, 2015
BAHRAIN. No significant change in office sector rental rates across all grades, with new supply in the pipeline; Residential rental rates remain stable quarter on quarter.
Posted: July 3, 2015
UAE. The Middle East real estate market is one of the fastest growing sectors in the world, with foreign developers injecting billions of dollars in residential, office/commercial, retail and hospitality segments.
Posted: June 30, 2015
BAHRAIN. Standard & Poor's believes that Bahrain Telecommunications Co. now has a clearer acquisition strategy, however, it also takes into account the weakening fiscal profile of Bahrain, Batelco's controlling shareholder.
Posted: June 24, 2015
UAE. The findings serve as a performance indicator on the pace and pattern of regional economic growth and seek to benchmark MEA against developed countries.
Posted: June 18, 2015
UAE. Dubai and Abu Dhabi listed at 23rd and 33rd places respectively; Economic and political unrest challenge multinationals' planning for international assignments to compete globally.
Posted: June 13, 2015
BAHRAIN. Ratings agency expects Bahrain will implement fiscal consolidation measures in 2015 and into 2016; The outlook is still negative, reflecting S&P's view of Bahrain's weakening fiscal profile and ongoing uncertainties around the extent and implementation of a sustainable response from the government
Posted: June 10, 2015
BAHRAIN. Global investment management announces the sale of a real estate portfolio of senior care communities with over 16 facilities and approximately 4,000 residential units located across the United States to NorthStar Healthcare Income, Inc., a real estate investment trust (REIT).

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 28, 2015
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.
date:Posted: August 28, 2015
INTERNATIONAL. The Turkish Football Federation in a demonstration of the inseparable ties between sports and politics, has effectively declared its support for renewed Turkish-Kurdish hostilities.
date:Posted: August 28, 2015
INTERNATIONAL. "Now, that multi-trillion-dollar money-pumping bubble, which overinflated equity markets, is quickly deflating. And so, too, are the economies and commodities pumped up with it."
INTERNATIONAL. Leaving them to their own devices is no longer a viable option as the continuation of the conflict is hazardous and potentially explosive. The resumption of bilateral peace negotiations with US mediation alone will not succeed any more than the Obama administration's two previous efforts.
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.
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