Business Weekly

Business Weekly




GPIC hits the mark

February 20 - 26, 2008
708 views

The Gulf Petrochemicals Industries Company (GPIC) has come under total Bahraini management after promotions and transfers were announced recently.





Batelco investing in Six Sigma to achieve business excellence

February 20 - 26, 2008
681 views

Batelco chief executive Peter Kaliaropoulos congratulated and rewarded 10 employees who have been certified as Six Sigma Black Belts, following their successful completion of the required professional training, through Juran Institute, USA.





Bank declares 15 per cent dividend after excellent results

February 20 - 26, 2008
400 views

Khaleeji Commercial Bank (KHCB), Bahrain's leading Islamic bank, announced this week that shareholders have approved the recommendation of the board of directors to declare a 15 per cent dividend on the back of excellent results for 2007.





Bank achieves record net profit

February 20 - 26, 2008
374 views

Ahli United Bank (AUB), one of the region's leading banking institutions, announced a consolidated net profit, attributable to the bank's equity shareholders, of $296.3 million for the year ended December 31, 2007, an increase of 42.8 per cent over the previous year ($207.5 million).





Microsoft names new Bahrain country manager

February 20 - 26, 2008
540 views

Microsoft Bahrain announced the appointment of Badea Esbai as the company's new country manager this week. Mr Esbai officially assumed his responsibilities on February 3.





Investments key to GCC growth

February 20 - 26, 2008
436 views

Major investments in emerging sectors have become the backbone of policymaking in GCC countries although oil would continue to remain a major component of the GDP.