Business Weekly

Business Weekly




KHCB net profit increases to BD32 million in third quarter

November 5 - 11, 2008
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Khaleeji Commercial Bank (KHCB) posted a net profit of BD32.5 million for the past nine month period, an increase of 168 per cent compared to BD12.1 million for the same period last year.





Omega Bahrain launches island's first travel website

November 5 - 11, 2008
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Omegabahrain.com is now fully functional with a pay and print ticket feature and a multi-leg feature for travel planners.





Al Salam Bank plans branch at City Centre

November 5 - 11, 2008
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Al Salam Bank-Bahrain will shortly open its second branch in the kingdom in the Bahrain City Centre.





Gulf Air to honour 700 long-serving workers

November 5 - 11, 2008
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Gulf Air, the national airline of the kingdom, will honour nearly 700 employees from all over the network for their long-service with the carrier spanning nearly three decades of continued hard and dedicated work.





Institute vows to bolster insurance field

November 5 - 11, 2008
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The Gulf Insurance Institute (GII) officially inaugurated its new Bahrain headquarters this week under the patronage of the Minister of Labour.





Symbolising a deeper malaise?

November 5 - 11, 2008
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Kuwait's struggle to prop up the Gulf Bank and Bahrain's effort to inject life into sinking BMB investment bank close on the heels of the Bahrain Investment Bank suffering liquidation cannot be looked as isolated incidents.





ADIH fund wrapping up deals

November 5 - 11, 2008
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Abu Dhabi Investment House (ADIH) said that the 'Vision 3' Hospitality Development Fund (HDF) is finalising a number of deals just weeks after its launch.