Business Weekly

Business Weekly




$80 million term-loan facility

March 9 - 15, 2011
389 views

BMI Bank announced the signing of its three-year syndicated term-loan facility for $80 million (BD30.31 million).





Creaming off the business

March 9 - 15, 2011
397 views

The global demand for sun care products continues to grow thanks to increasing consumer awareness of the need for skin protection from the sun and ultra-violet rays. This increased awareness drives demand for protective creams, lotions, sunscreens and UV-protective products.





Treasury Bills oversubscribed

March 9 - 15, 2011
301 views

The Central Bank of Bahrain (CBB) announced in a press release that this week's BD25 million issues of Government Treasury Bills has been oversubscribed by 282 per cent.





Bank launches mobile applications

March 9 - 15, 2011
350 views

Kuwait Finance House-Bahrain (KFH-Bahrain) has launched a free iPhone and BlackBerry application.





Unrest blow for ratings

March 9 - 15, 2011
446 views

Fitch Ratings says that the recent outbreak of unprecedented unrest in a number of Middle Eastern countries has put downward pressure on the region's sovereign ratings and will continue to do so, even as new political arrangements emerge.