Business Weekly

Business Weekly




Shares swap deal backed

December 5 - 11, 2007
407 views

Ithmaar Bank and Shamil Bank shareholders gave their strong support to Ithmaar's planned 100 per cent acquisition of Shamil at two Extraordinary General Meetings (EGMs) last week.





Kanoo-Microsoft tie-up

December 5 - 11, 2007
283 views

Information and communication technology resellers in Bahrain got together to witness the launch of Kanoo Information Technology as the distributor for Microsoft OEM products at an official launch at the Crowne Plaza Hotel recently.





Great potential for no-frills airlines

December 5 - 11, 2007
295 views

Bahrain Air, the first privately owned premium low-priced carrier (LPC), is set to capture what the national carrier Gulf Air loses out from budget travellers who fly no-frills airlines operating through the kingdom.





Takaful company receives license

December 5 - 11, 2007
154 views

Unicorn Investment Bank (Unicorn) announced the granting of a Takaful license by the Central Bank of Bahrain (CBB) to T'azur, a new regional Takaful company with authorised capital of $500 million offering family (life), medical and general Takaful business lines.





Firm branches out

December 5 - 11, 2007
303 views

ALMOAYYED Trading and Contracting (ATC), a division of Almoayyed International Group offering total facilities management systems including supply and installation of environmental engineering and power protection equipment, network cabling and safety and security systems in Bahrain, has branched out to a special integrated security and solutions company recently.