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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
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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."

 

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UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.
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