Business Weekly

Business Weekly




Top positions in Gulf Air for Bahrainis

April 7 - 13, 2010
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Three senior Gulf Air officials - senior director technical Martyn Anderson, director training Captain Chris Ranganathan and director customer services Ruth Birkin - have resigned from the national carrier to pursue their professional interests elsewhere.





Ithmaar gets nod to develop retail operations

April 7 - 13, 2010
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Ithmaar Bank chairman Prince Amr Mohammed Al Faisal told shareholders that the Bank had received verbal approval to proceed with its reorganisation plans, and that written approval will follow shortly.





Positive financial results for bank

April 7 - 13, 2010
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First Energy Bank (FEB) announced that it had achieved very good financial results in 2009 during its third annual general meeting.





CBB chief rewarded with role in GCC central bank

April 7 - 13, 2010
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THE head of Saudi Arabia's central bank has been named the first chairman of a council that will serve as the precursor to a regional central bank in the latest step toward a unified Gulf currency and greater economic integration, writes Tarek El-Tablawy.