Business Weekly

Business Weekly




Ahli United Bank posts $143 million net profit

August 12 - 18, 2009
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Ahli United Bank (AUB) posted a net profit of $143.5 million for the six months ending June 30, 2009 as compared with $211.7 million in the corresponding period last year.





Destination Baghdad

August 12 - 18, 2009
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Bahrain's National carrier Gulf Air said it will commence services to Baghdad on September 1.





Bank's income increases by 14 per cent in the first half

August 12 - 18, 2009
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Standard Chartered announced another record performance for the first half of 2009 with income rising 14 per cent to $7.96 billion and operating profit before tax of 10 per cent to $2.84 billion.





Batelco launches e-billing service

August 12 - 18, 2009
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Batelco has launched e-billing as part of its ongoing service enhancements.





Tapping into renewable energy

August 12 - 18, 2009
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Bahrain says it will be able to use renewable energy in the form of solar and wind power in three years.