Business Weekly

Business Weekly




Dubai plans tallest tower - one kilometre high

October 8 - 14, 2008
279 views

Dubai, emirate of extravagance and superlatives, laid claim to an extraordinary new record this week with a multibillion dollar plan to build the world's tallest tower in the face of deepening global financial gloom.





UIB acquires leading UK company

October 8 - 14, 2008
285 views

United International Bank, a Shari'a compliant investment bank headquartered in Bahrain, recently announced its acquisition of the UK based BWA Water Additives (BWA), a leading water treatment solution provider from Close Brothers Private Equity LLP.





Bahrain set to become key aviation maintenance hub

October 8 - 14, 2008
306 views

The kingdom of Bahrain, which has already established itself as a leading financial centre in the Middle East, is now setting its eyes on becoming a key aircraft maintenance hub in the region.





Unicorn takes over top foreign exchange remittance firm

October 8 - 14, 2008
301 views

Unicorn Investment Bank has reached agreement with the shareholders of Bahrain Financing Company (BFC), the oldest and one of the leading foreign exchange and remittance houses in the GCC, to acquire the company.





Gulf syndicated lending takes a hit

October 8 - 14, 2008
249 views

These are days when people would love to see banks punished for their profligacy. Taxpayers around the world are outraged at having to bail out 'fat-cat' bankers. Instead they want bankers to pay for their errors.





Sitra water project is in line for top award

October 8 - 14, 2008
461 views

MWH, one of the world's longest established and leading environmental engineering firms, providing water, wastewater, energy and environmental solutions, has helped the kingdom to transform an ageing wastewater treatment plant into a highly efficient facility