Flip through the latest issue of Gulf Weekly.
The Labour Fund (LF) and Bahrain-based Venture Capital Bank has unveiled a new growth engine for small and medium enterprises in the kingdom - a dedicated $15 million "Venture Capital Fund - Bahrain".
Bahrain calls itself the region's most mature financial centre. The title also carries with it a number of tasks such as swift damage control when banks take a hit and steps to insulate the banking sector from over-exposure to risk areas such as the capital market, mortgage financing and consumer lending.
Saudi-backed Manara Investments Ltd, (Manara) has acquired an effective 21 per cent equity stake in Istanbul-based cargo carrier ACT Airlines.
Venture Capital Bank held its annual general meeting (AGM) on Sunday at the Sheraton Hotel, to distribute dividends following the bank's phenomenal financial performance during 2007.
Sheraton Bahrain Hotel has appointed Michele Magrone, right, as director of sales and marketing.
Ithmaar Bank, a Bahrain-based investment bank with global reach and part of the Ithmaar banking group, appointed Andrew Pocock as managing director, private equity.
Gulf Marcom Group and Gulf Hill & Knowlton chairman Khamis Al Muqla has been honoured by His Majesty King Hamad with an award of the Proficiency Medal First Order.
A BITTER stand-off has erupted between contractors and construction workers following a series of strikes in Bahrain this week by labourers demanding more money and better working conditions.
