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Last Updated: Sun, Jul 24 2016 | 2:51 PM |
Gulf retreats as oil's fall outweighs Q2 earnings
Markets»

Gulf retreats as oil's fall outweighs Q2 earnings

Sunday, 24 July 2016 6:51 PM

Riyadh's stock index fell 1.2 percent as losses accelerated in the final hour of trade, with 80% of traded stocks declining

Bahrain banks forecast to see slower growth in 2016, 2017
Banking & Finance»

Bahrain banks forecast to see slower growth in 2016, 2017

Thursday, 21 July 2016 1:47 PM

BMI Research says deteriorating macroeconomic environment set to weigh on credit demand and liquidity

$283m raised to fund Bahrain Int'l Airport modernisation
Banking & Finance»

$283m raised to fund Bahrain Int'l Airport modernisation

Wednesday, 13 July 2016 2:16 PM

Dubai's Arabtec, Turkey's TAV have been appointed to work on $1.1bn expansion project

Central Bank of Bahrain to take legal action against exchange firms violating law
Banking & Finance»

Central Bank of Bahrain to take legal action against exchange firms violating law

Monday, 11 July 2016 1:04 PM

Companies reportedly charging up to 545 fils to the British pound, which is valued at 500 fils

Fitch downgrades ratings of Bahrain's Batelco, Mumtalakat
Banking & Finance»

Fitch downgrades ratings of Bahrain's Batelco, Mumtalakat

Monday, 4 July 2016 3:45 PM

Ratings agency takes action on state-backed companies following downgrade of Bahrain's ratings last week

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


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