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Last Updated: Thu, Jun 30 2016 | 8:19 PM |
Bahrain private wealth set to grow to $300bn by 2020
Banking & Finance»

Bahrain private wealth set to grow to $300bn by 2020

Friday, 1 July 2016 12:19 AM

New report says private wealth in Gulf kingdom is expected to rise by a third over next few years

Bahrain's Investcorp targets opportunities in Saudi reform plan
Banking & Finance»

Bahrain's Investcorp targets opportunities in Saudi reform plan

Wednesday, 29 June 2016 7:45 PM

Company's co-chief executive says Vision 2030 has led to more focus on investments in Gulf kingdom

Fitch downgrades Bahrain's ratings to junk status on oil price slump
Politics & Economics»

Fitch downgrades Bahrain's ratings to junk status on oil price slump

Tuesday, 28 June 2016 4:01 PM

Ratings agency says that lower oil prices are causing a 'marked deterioration' in Bahrain's fiscal position

Seed investors revealed for $100m Bahrain Liquidity Fund
Markets»

Seed investors revealed for $100m Bahrain Liquidity Fund

Tuesday, 28 June 2016 3:24 PM

Mumtalakat, Osool, BBK and NBB take part in fund aiming to inject greater liquidity into stock exchange

Saudi GDP growth forecast to hit 14-year low in 2016
Politics & Economics»

Saudi GDP growth forecast to hit 14-year low in 2016

Friday, 24 June 2016 10:08 AM

New report says growth in Gulf kingdom is expected to rise by just 0.8% this year, the weakest level since 2002

Bahrain's Alba said to seek $750m loan for expansion
Banking & Finance»

Bahrain's Alba said to seek $750m loan for expansion

Tuesday, 21 June 2016 6:54 PM

Sources say Aluminium Bahrain has approached banks for a loan towards the financing of its Line 6 expansion project

Investcorp buys 55% stake in Italian luxury tailor Corneliani
Banking & Finance»

Investcorp buys 55% stake in Italian luxury tailor Corneliani

Tuesday, 21 June 2016 11:48 AM

Bahrain-based private equity fund sajid it will invest "a substantial amount" in the suitmaker, which posted revenues of $147 million in 2015

Bahrain SPV to fund $1.1bn for stalled projects
Banking & Finance»

Bahrain SPV to fund $1.1bn for stalled projects

Monday, 20 June 2016 1:36 PM

New venture planned to restart work on Marina West, Amwaj Gateway, Juffair Views and Sunset Hills

4
YBA Kanoo acquires 100% stake in Saudi contracting firm
Banking & Finance»

YBA Kanoo acquires 100% stake in Saudi contracting firm

Monday, 20 June 2016 1:13 PM

Technical Contracting Company (TCC) is a vendor to major firms in kingdom

BNP Paribas Middle East COO leaves amid global retrenchment
Banking & Finance»

BNP Paribas Middle East COO leaves amid global retrenchment

Sunday, 19 June 2016 2:02 PM

Bahrain-based Christophe Mukerjee is expected to return to France as bank shrinks global operations by 12 percent

Complaints against banks in Bahrain rise 35%
Banking & Finance»

Complaints against banks in Bahrain rise 35%

Tuesday, 14 June 2016 11:22 AM

Customers said to be unhappy with high interest charges on loans and fake currencies

Unit of Bahrain's GFH acquires $65m US industrial real estate assets
Banking & Finance»

Unit of Bahrain's GFH acquires $65m US industrial real estate assets

Monday, 13 June 2016 1:39 PM

GFH Capital Limited buys portfolio of warehousing and industrial properties spread across the Midwest region

Bahrain's Investcorp agrees sale of education testing firm
Banking & Finance»

Bahrain's Investcorp agrees sale of education testing firm

Friday, 10 June 2016 9:57 AM

Investment bank says it will sell GL Education to private equity firm Levine Leichtman Capital Partners

Three Gulf firms said to compete for stake in Saudi's Al Borg
Banking & Finance»

Three Gulf firms said to compete for stake in Saudi's Al Borg

Monday, 6 June 2016 4:09 PM

Sources say private equity firms seek to acquire interest in Al Borg Medical Laboratories

1
Bahrain to invest $928m in Hawar Islands eco-tourism project
Banking & Finance»

Bahrain to invest $928m in Hawar Islands eco-tourism project

Monday, 6 June 2016 1:38 PM

Project set to create 3,000 jobs; first phase will see the addition of a 350-room five star lagoon resort


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