Business Weekly

Business Weekly




Shamil boosts security with new card process system

June 17 - 23, 2009
300 views

Bahrain-based Shamil Bank is in the final stages of installing a more secure system for credit and ATM card transactions.





WiMAX device launched by Menatelecom

June 17 - 23, 2009
361 views

MenaTelecom is introducing a new WiMAX device that has built-in WiFi connectivity.





Hotel sector set to bounce back

June 17 - 23, 2009
316 views

THE negative impact of the global financial crisis on the travel and tourism industry including rapidly falling occupancy rates and revenues may have led to the cancellation of thousands of hotel projects in the GCC.





Gulf traders confident of economic turnaround

June 17 - 23, 2009
328 views

Businesses in the Gulf region are more confident of a brighter trade outlook than their peers in financial hubs Hong Kong and Singapore, world banking giant HSBC said in a survey published this week.





Real estate company records $1.3m profit

June 17 - 23, 2009
413 views

Bahrain-based real estate company Sahab Al Khaleej has posted a profit of $1.3 million last year.





Al Salam Bank buys building in London

June 17 - 23, 2009
479 views

Bahrain-based Al Salam Bank has bought a prime real estate office building, Milton Gate, in the City of London.





Unicorn CEO is named banker of the year

June 17 - 23, 2009
459 views

Unicorn Investment Bank managing director and chief executive officer Majid Al Sayed Bader Al Refai has been named Banker of the Year at the Banker Middle East Industry Awards.