Flip through the latest issue of Gulf Weekly.
WITH capital expenditure at record levels and with crude prices returning more strongly than expected, the 2011 outlook for the oil and gas industry is optimistic. The total value of oil and gas transactions announced globally reached $270 billion in 2010, according to Ernst & Young's Global Oil and Gas Transactions Review 2010.
This is 35 per cent higher than the total of $200 billion in 2009. The report also estimates that natural gas supply will outweigh demand over the next three to five years and natural gas prices are expected to remain relatively soft.
Magazine honours GIB
AFTER conducting a survey of the world's best investment banks, New York-based Global Finance magazine selected Gulf International Bank (GIB) as the 'Best Investment Bank in Bahrain' for the year 2011.
With input from industry experts, the magazine's editors used criteria such as financial performance, earnings, return on equity and market share to arrive at their selection.
Staff complete course
A GROUP of 34 Batelco account and sales managers successfully completed an Avaya Professional Credential Programme at the company's training centre, at Hamala Headquarters. Batelco enterprise division general manager Adel Daylami said that training and development for staff was a priority to ensure that they have access to the relevant knowledge to carry out their jobs in a professional manner.
