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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: July 2, 2018
UAE. For the month of June, UAE markets came in as the worst performers among their peers driven by news that the private equity firm Abraaj was filing for liquidation.
Posted: June 25, 2018
BAHRAIN. Bahrain's Minister of Transportation and Telecommunications welcomes a new era of 5G to Bahrain as one of the first countries in the world to introduce round-breaking technology.
Posted: June 22, 2018
BAHRAIN. The fastest growth rate in the GCC. The rapid growth came in spite of a drop in global FDI of 23%; Bahrain's reforms were recently recognised as the best place to invest in the MEA region.
Posted: June 18, 2018
UAE. Dubai recorded the highest occupancy in MENA with 86.9% in Q1 2018; Makkah, Riyadh and Madinah recorded an increase in occupancy during Q1 2018.
Posted: June 4, 2018
UAE. The coming period will be affected by the aftermath of the MSCI rebalances of last week, coupled with Ramadan and the upcoming holiday season.
Posted: May 14, 2018
UAE. GCC K-12 private education market is expected to double from US$13 billion to US$26 billion by 2023, driven by significant growth in KSA and opportunistic growth in UAE.
Posted: May 10, 2018
BAHRAIN. New technologies will enhance collaboration and productivity of ministry offices while lowering operational costs.
Posted: May 8, 2018
BAHRAIN. New global forum, Gateway Gulf, will bring together a select group of 500 global investors and CEOs to unlock opportunities across the GCC
Posted: May 4, 2018
UAE. Banks' asset growth remains robust at 4.4%; Overall net profit increased 6.7% year-on-year; Non-performing loan (NPL) ratio for the GCC banking sector reduced by 0.3% to 3.2%.
Posted: April 30, 2018
UAE. Al Masah Capital Weekly Report's expectations for this week: A range bound trading activity, with investors monitoring the release of 1Q earnings.
Posted: April 16, 2018
BAHRAIN. Event organized by American Chamber with speakers from Deloitte; Bahrain is committed to bringing VAT into force by 1 January 2019, although an exact date has yet to be set.
Posted: April 9, 2018
UAE. Despite low revenue growth of 2.3 % in 2017 from about 3 percentage points in 2016, GCC banks achieved 6% profit growth due to declining LLPs and cost reductions, BCG's annual banking performance study revealed.
Posted: April 9, 2018
UAE. Most of the regional indexes ended last week on a negative note with Bahrain -2.7%, followed by -2.6% in Kuwait, -0.8% and -0.2% in Dubai and Egypt, respectively.
Posted: April 8, 2018
UAE. The Bank is licensed by the Central Bank of Bahrain (CBB) as a wholesale bank with rights to offer Islamic products.
Posted: April 6, 2018
UAE. The hospitality market across the MENA region witnessed marginal growth in 2017, according to the latest Middle East Hotel Benchmark Survey Report from EY.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 15, 2018
UAE. The attack, called "Thermanator", could use your body heat against you in order to steal your credentials or any other short string of text that you have typed on a computer keyboard.
date:Posted: July 15, 2018
INTERNATIONAL. AI is bigger than any one company, industry or country can address on its own. It will take the whole of our technology ecosystem and the world's governments to realize the full promise of AI; Priorities should include education and research.
date:Posted: July 14, 2018
UAE. When trade-off decisions have to be made, better visibility should be the number one priority, not greater control. It is better to be able to see everything in the cloud, than to attempt to control an incomplete portion of it.
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