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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 30, 2014
INTERNATIONAL. S&P opinion "reflects the increasing need for life and health insurance products in those countries as well as some largely underdeveloped personal lines, such as property."
Posted: July 27, 2014
BAHRAIN. Securities & Investment Company (SICO) operating income grew by 87% to BD8.2 million; "All core business areas generated strong revenues, with fee-based income revenue reaching BD 3.9 million."
Posted: July 22, 2014
UAE This article provides an updated summary of the key employment law developments across the GCC; A new Government body known as the Manpower Authority is being created in Kuwait to take over certain functions of the Ministry of Social Affairs and Labour.
Posted: July 19, 2014
BAHRAIN. The Deloitte Bahrain practice began operations in 1955 and offers a large array of professional services in Audit, Consulting, Financial Advisory and Enterprise Risk services.
Posted: July 15, 2014
UAE. 81% state finding a job is the biggest challenge, with banking and finance being the preferred industry to work in.
Posted: July 15, 2014
INTERNATIONAL. John Kerry voiced deep concern to Bahrain for expelling an American envoy and making "unacceptable demands" that foreign ministry personnel attend his private meetings.
Posted: July 14, 2014
UAE. The industry will see a slowdown in the summer months, however EY report remains positive and predicts strong growth through the rest of 2014.
Posted: July 11, 2014
BAHRAIN. Closing of the transaction, for an enterprise value of 240 million euros is expected following clearance from the relevant competition authorities.
Posted: July 9, 2014
UAE. Deloitte and IRTI workshops on innovation, growth and talent shortages in Islamic Finance; Strengthening risk governance is key to Islamic Finance.
Posted: July 7, 2014
UAE. They provide senior external counsel to Investcorp, helping to assess potential investment opportunities and supporting portfolio company management
Posted: July 5, 2014
BAHRAIN. Bahrain Bourse partners with Wavetec; outdoor LED ticker was installed at the façade of the Bahrain Financial Harbor Complex building.
Posted: July 1, 2014
UAE. 55% claim that important decisions and vital meetings are not postponed till the Holy Month is over, according to the latest Bayt.com "Ramadan in the MENA Workplace" poll.
Posted: June 30, 2014
SAUDI ARABIA. JV between KHC and PineBridge Investments Middle East will invest in African companies; rising investor demand for exposure to the continent's fast growing economies.
Posted: June 30, 2014
BAHRAIN. "We are delighted with the very positive returns we have generated from our investment in the business, benefiting investors in the Arcapita Ventures I fund."
Posted: June 27, 2014
BAHRAIN. Bahrain ranked amongst top 8 countries on the Global Web Index.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 31, 2014
INTERNATIONAL. India remains one of the world's largest economies, and under bold new leadership is working furiously to evolve into an even stronger international destination. The country has been attracting major international real estate brands and billions in funding, but some still fear the worst.
date:Posted: July 30, 2014
SAUDI ARABIA. IMF Executive Board Concludes 2014 Article IV Consultation; Saudi Arabia has supported the global economy through its stabilizing role in the global oil market.
date:Posted: July 30, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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