Business Weekly

Business Weekly




'Allegations against Batelco groundless and defamatory'

January 30 - February 5, 2008
353 views

Batelco chairman Shaikh Hamad bin Abdulla Al Khalifa stated that Batelco's board of directors investigated all the allegations which were raised by an MP and concluded that they were groundless, sensational and defamatory to Batelco's corporate reputation, the board and leadership team.





Top insurance professionals for Bahrain conference

January 30 - February 5, 2008
259 views

More than 1,000 top insurance professionals of the Arab world and elsewhere have registered for the upcoming 27th General Arab Insurance Federation (GAIF) Conference, which will be held in Bahrain from February 26 to 28 under the patronage of Prime Minister Shaikh Khalifa bin Salman Al Khalifa.





Kuwait Finance House profits surge by more than $667m

January 30 - February 5, 2008
295 views

Kuwait Finance House's (KFH) chief executive officer Bader Abdul Mohsen Al Mukhaizeem announced that the bank has achieved total profits worth $1.91 billion for the year 2007, an increase of $667.7 million equal to 53 per cent.





Gulf is still a safe long-term bet

January 30 - February 5, 2008
235 views

THE_notion that the Gulf is fundamentally sheltered from the global stock market volatilities as long as oil prices remained high was put to a reality check on Tuesday, January 22 when Arab stock benchmarks suffered their biggest declines since the crash of 2006.





Islamic housing finance in focus

January 30 - February 5, 2008
220 views

THE_increasing and sustained interest in Islamic housing finance and the success of many young and established institutions across the MENA region was highlighted during the recent MENA Housing Finance Forum organised by the Arab Monetary Fund, the World Bank and the IFC and held in Abu Dhabi.