Business Weekly

Business Weekly




Advantages of GCC rail network

March 4 - 10, 2009
1436 views

GCC member countries will in all probability approve the final proposals for a $14 billion, 1,500km-long railway project that will run from Kuwait's border with Iraq, down the Gulf coast to the Omani port of Salalah on the southern tip of the Arabian Peninsula.





CMCS to strengthen regional presence

March 4 - 10, 2009
459 views

Collaboration, Management and Control Solutions (CMCS), a leading provider of project and portfolio management solutions and an authorised representative of Primavera in the Middle East, will conduct a region-wide campaign to further strengthen its presence in the Middle East.





First Bahrain signs contract

March 4 - 10, 2009
399 views

First Bahrain appointed Abdullah H Al Darazi & Sons as the main contractor for its warehousing project at the Bahrain Investment Wharf (BIW).





BMB posts $14 million loss as markets slump

March 4 - 10, 2009
539 views

BMB Investment Bank (BMB) posted a loss of $14.3 million for 2008 as compared to a profit of $24.6 million in 2007.





United Gulf Bank gains at $207m

March 4 - 10, 2009
644 views

United Gulf Bank (UGB) earned a net profit of $207.2 million, or $25.31 cents per share, for the year ended December 31, 2008, a decrease of 6.2 per cent on the $220.9 million profit for 2007.





Gulf Air to lease four Boeing 777 aircraft

March 4 - 10, 2009
507 views

Gulf Air, the national carrier of the kingdom, has signed an agreement to lease four new Boeing 777 ER aircraft as part of the airline's re-fleeting and product-enhancement strategy.





Tamkeen-GII ink BD154,200 deal

March 4 - 10, 2009
619 views

With Bahrain's various economic sectors still growing rapidly and continuously demanding exceptional talents, Tamkeen (Labour Fund) recently inked a deal with the Gulf Insurance Institute (GII) to train and find employment for 100 Bahrainis as administrative assistants.