Business Weekly

$3 billion firm to tap booming oil sector

Bahrain-based First Energy Bank unveiled its first major investment with the launch of a $3 billion drilling company that will exploit opportunit ...

Securitisation poised to take off

Securitisation is a relatively new concept in the GCC, but its potential is huge given the flood of quality real estate asset pools being develop ...

$430m fund launched

Khaleeji Commercial Bank announced its newest investment fund: Global Logistix Navi Mumbai Investment Company with a target capital of $430 milli ...

Shamil examining Turkey investment

A delegation from Shamil Bank visited Turkey to meet partners and institutional investors of its successful Bosphorus Modaraba (Modaraba), a Shar ...

Arcapita income hits $362 million

Bahrain-based Arcapita Bank announced record net income of $362.2 million for the fiscal year, which ended June 30.

This represents a 90 p ...