Flip through the latest issue of Gulf Weekly.
National carrier Gulf Air has entered into a long-term Fleet Management Programme (FMP) contract with Singapore's SIA Engineering Company Limited (SIAEC).
Members of the British business groups from across the Gulf will now be able to enjoy the benefits of membership of each other's groups with the signing of a Memorandum of Understanding (MoU) by representatives from the British Business Groups of Dubai and the Northern Emirates, Abu Dhabi, Bahrain, Riyadh, Jeddah and the Eastern Province in Saudi Arabia.
Ahli United Bank (AUB) has been named 'Best Bank in the Middle East 2009' by reputed New York-based banking publication Global Finance magazine. In addition, AUB was also recognised as the 'Best Bank in Bahrain'.
THE eGovernment Authority in Bahrain (eGA) signed an agreement with CrediMax, Bahrain's leading credit card issuer and acquirer, to finance the eKiosks project across the kingdom; in another leading initiative towards facilitating the public access to eGovernment services.
Bahrain's gross domestic product (GDP) could slacken to around three per cent in 2009 in the wake of the global financial crisis and growth could decline further if oil prices remain weak, says Kuwait-based Global Investment House.
National carrier Gulf Air has signed a loan facility of $75 million with Standard Chartered Bank. An agreement to this effect was concluded between the two organisations recently.
