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Bahrainisation success (BAHRAIN)
Monday 1 December 2008
by Dubai
Gulf Air’s 162-strong revenue accounting department is now fully staffed and managed by Bahrainis.
"As one of the largest employers in the kingdom and a fully-owned Bahraini company, Gulf Air believes in encouraging and empowering local talents," said Gulf Air deputy chief executive officer (...) > continue
Bahrain petrochem industry is praised (BAHRAIN)
Monday 24 November 2008
by Dubai
MANAMA: The Duke of Gloucester praised Bahrain’s petrochemical industry during a visit to the GCC-Europe exhibition in London.
Prince Richard was speaking when he visited the stand of the Gulf Petrochemical Industries Company (GPIC) at the exhibition.
The Duke was accompanied by Bahrain (...) > continue
Bahrain plans to raise guarantee on deposits (BAHRAIN)
Monday 24 November 2008
by Dubai
Bahrain is looking at raising the guarantee on bank deposits to a maximum of BD20,000 (Dh194,880) from BD15,000, said its central bank governor.
"The governor of Bahrain central bank unveiled plans to raise the guarantee on bank deposits of commercial banks in Bahrain to BD20,000 from (...) > continue
Promoting Bahrain! (BAHRAIN)
Tuesday 11 November 2008
by Dubai
MANAMA: Bahrain took part in the World Travel Market (WTM) which began in London yesterday. The participation of Bahrain came as part of efforts to attract tourists through this grand international event which brings together 5,000 tourism and airline companies and travel services suppliers. (...) > continue
Bahrain property sector is booming says Capivest (BAHRAIN)
Sunday 9 November 2008
by Dubai
MANAMA: Bahrain’s real estate is a growth market, even in this time of global financial turmoil, says a leading Islamic investment institution.
With the lowest rate of inflation in the GCC and a real estate market by some estimates worth more than $5 billion, Bahrain’s property sector is seen by (...) > continue
Danube to invest Dh40m in Bahrain (BAHRAIN)
Friday 31 October 2008
by Dubai
Dubai-based Danube Building Materials plans to invest Dh40 million in Bahrain’s steel market, the company has announced.
Danube officials said the investment is part of the company’s plans to target the booming construction market in Bahrain.
The GCC steel trade is expected to cross $200 (...) > continue
Inflation eases in Bahrain, Kuwait (BAHRAIN)
Tuesday 28 October 2008
by Dubai
Two Gulf Co-operation Council member states – Kuwait and Bahrain – yesterday said annual inflation eased as food and beverage prices dropped from the year earlier.
Annual inflation in Kuwait eased slightly to 11.1 per cent in July from 11.35 per cent in June, official data showed yesterday. All (...) > continue
Bahrain realty market growth may slow down (BAHRAIN)
Monday 27 October 2008
by Dubai
The Bahraini real estate market will extend growth on healthy local demand but at more moderate rates than those seen in the past two years, according to an executive at a major developer.
The country has seen a higher proportion of local and regional investors – rather than expatriate buyers – (...) > continue
Bahrain’s gross premiums up 21% to BD135m (BAHRAIN)
Monday 27 October 2008
by Dubai
The insurance sector in Bahrain posted strongest annual growth in 2007 with gross premiums surging 21 per cent to BD135.6 million (Dh1,321m) against BD112.4m in 2006, the Central Bank of Bahrain said (CBB).
Life insurance contributed the lion’s share of growth, soaring by nearly 67 per cent, (...) > continue
Bahrain gateway for Australian ICT firms (BAHRAIN)
Friday 24 October 2008
by Dubai
MANAMA: Global IT companies are to select Bahrain as their regional headquarters for Middle East activities.An agreement to this effect has been signed by a Bahraini firm with the Government of Victoria in Australia at the GITEX Dubai 2008.
Gulf Future Business (GFB), participating in "Bahrain (...) > continue
