Business Weekly

Business Weekly




Spending vital for rebound

October 21 - 27, 2009
253 views

Gulf Co-operation Council (GCC) nations have been advised to continue spending even if revenues from oil declined, because, only by stimulating their economies can nations pull out of recession.





Oil exporters to rebuild global reserve positions says IMF

October 21 - 27, 2009
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Oil exporters in the Middle East and North Africa region are expected to increase their international reserve positions by over $100 billion in 2010 as oil prices rebound, the IMF said.





Institution to offer top courses in logistics

October 21 - 27, 2009
226 views

Bahrain Polytechnic aims to help Bahrain's logistics industry fill the numerous business and services opportunities available for qualified and skilled graduates.





Ithmaar Bank plans to raise more capital

October 21 - 27, 2009
314 views

Ithmaar Bank chairman Khalid Abdulla Janahi announced that the bank intends, as part of its capital-raising exercise, to offer a rights issue and launch a five-year mandatory convertible sukuk, the Islamic equivalent of mandatory convertible bond issue.





Impact of slowdown on ports in focus

October 21 - 27, 2009
260 views

Shaikh Daij bin Salman Al Khalifa, chairman of the General Organisation of Seaports (GOP) - Bahrain, addressed the opening session of the Middle East Money & Ships Conference with comments on exploring the challenges and opportunities that have come hand in hand with the global financial downturn.





New GFH plan to align with business strategy

October 21 - 27, 2009
773 views

Gulf Finance House, the leading Middle Eastern Islamic investment bank, announced a new organisational structure to align with its business strategy.