Business Weekly

Business Weekly




Unicorn CEO is named banker of the year

June 17 - 23, 2009
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Unicorn Investment Bank managing director and chief executive officer Majid Al Sayed Bader Al Refai has been named Banker of the Year at th ...

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Unicorn CEO is named banker of the year



Al Salam Bank buys building in London

June 17 - 23, 2009
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Bahrain-based Al Salam Bank has bought a prime real estate office building, Milton Gate, in the City of London.

The seven-storey 200,000- ...

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Al Salam Bank buys building in London



Real estate company records $1.3m profit

June 17 - 23, 2009
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Bahrain-based real estate company Sahab Al Khaleej has posted a profit of $1.3 million last year.

The company's total assets amounted to $ ...

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Real estate company records $1.3m profit



Gulf traders confident of economic turnaround

June 17 - 23, 2009
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Businesses in the Gulf region are more confident of a brighter trade outlook than their peers in financial hubs Hong Kong and Singapore, world ba ...

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Gulf traders confident of economic turnaround



Hotel sector set to bounce back

June 17 - 23, 2009
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THE negative impact of the global financial crisis on the travel and tourism industry including rapidly falling occupancy rates and revenues m ...

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Hotel sector set to bounce back



WiMAX device launched by Menatelecom

June 17 - 23, 2009
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MenaTelecom is introducing a new WiMAX device that has built-in WiFi connectivity.

Customers can now wirelessly link multiple devices to ...

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WiMAX  device  launched by Menatelecom



Shamil boosts security with new card process system

June 17 - 23, 2009
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Bahrain-based Shamil Bank is in the final stages of installing a more secure system for credit and ATM card transactions.

Shamil, a leadin ...

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Shamil boosts security with new card process system