Business Weekly

Business Weekly




KazMunaiGas vows major presence at energy hub

April 29, May 5, 2009
148 views

KazMunaiGas (KMG), the national oil company of Kazakhstan, plans to establish a major presence at Caspian Energy Hub (CEH), the fourth in a series of energy cities conceived by leading GCC Islamic investment bank Gulf Finance House.





3,000 Bahrainis benefit from Labour Fund's career programme

April 29, May 5, 2009
274 views

A record 3,000 Bahrainis have been engaged to complete a wide range of career-enhancing programmes to set their careers on a higher trajectory, due to an innovative Career Progression Programme (CPP) created by Tamkeen (Labour Fund) and managed by BDO Jawad Habib Consulting (BDOJHC).





Islamic banks 'to have important role to play'

April 29, May 5, 2009
225 views

AS market conditions begin to show signs of improvement, investors are increasingly looking for Sharia-compliant investment opportunities, says Capinvest, the Bahrain-based Islamic investment bank.





Al Salam offers to acquire BSB

April 29, May 5, 2009
311 views

IN pursuit of its strategy for growth in Bahrain, Al Salam Bank-Bahrain (ASBB) said that it has officially submitted a voluntary conditional offer to Bahraini Saudi Bank (BSB) to acquire 100 per of the latter's issued and paid-up capital.





GCC_bourses show positive sign

April 29, May 5, 2009
326 views

GCC stock markets have started showing positive signs, but the road to a full recovery may still be long. The current year has seen three out of the seven regional bourses posting profits although the remaining four were in the dumps. Gains were registered in three key markets - Saudi Arabia, Dubai and Abu Dhabi.





Batelco is upbeat as net profit rises in Q1

April 29, May 5, 2009
211 views

Batelco began the year on a strong note with a net profit of $69.8 (BD26.3 million) in the first quarter as gross revenues grew by seven per cent $222 million (BD83.7 million).