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Reuters opening office at Bahrain Financial Harbour
Source: BI-ME , Author: BI-ME staff
Posted: Thu April 26, 2007 12:00 am

BAHRAIN. Reuters Group will open an office at the US$1.5 billion Bahrain Financial Harbour, it was revealed this week.

The UK-based media and financial information group has signed an agreement to occupy space at the 53-storey Harbour Towers, which are part of the Financial Centre and are due to open next Wednesday.

"It gives me great pleasure in welcoming the Reuters Group, which has been known to set benchmarks across the global information dissemination sector," said Bahrain Financial Harbour Holding Company CEO Stephen Rothel.

"Already having partnered with many leading financial sector and retail companies, the agreement with this global giant is yet another significant step forward that further corroborates the benefits of partnering with BFH for growth."

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
SAUDI ARABIA. The GCC said in a statement that foreign ministers of the six-member body had met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
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