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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

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INTERNATIONAL. PMI: The high cost of low performance shows need for stronger worldwide implementation of project, program and portfolio management.
date:Posted: February 6, 2016
UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
date:Posted: February 5, 2016
INTERNATIONAL. "Saudi regional leadership amounts to exploitation of a window of opportunity rather than reliance on the assets and power needed to sustain it. That window of opportunity exists as long as the obvious regional powers - Iran, Turkey and Egypt - are in various degrees of disrepair."
UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
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