Business Weekly

Business Weekly




Batelco net profit reaches BD54 million in first half

July 29 - August 4, 2009
303 views

BATELCO_posted a net profit of BD54.2 million ($143.8 million) in the first half of this year - an increase of seven per cent over the corresponding period last year 2008.





Bank launches SMS alert for cardholders

July 29 - August 4, 2009
286 views

Ahli United Bank (AUB) has announced a major boost to the security and safety features of its credit cards through the launch of a new SMS alert service.





Unicorn sells stake in energy holding firm

July 29 - August 4, 2009
423 views

Unicorn Investment Bank has sold 10 per cent stake in Regional Energy Services Holding (RESH), a subsidiary of the Unicorn Global Private Equity Fund I, to Eastern Industrial & Oilfield Services Holding (EIOS), a Bahraini holding company specialising in the oil and gas services sector.





Counting costs of exposure

July 29 - August 4, 2009
498 views

Gulf banks rated by Standard and Poor's are significantly exposed to the Saad and Algosaibi groups, which ran into severe and unexpected difficulties in recent months and have entered debt restructuring discussions with their respective creditors.





Innovation key to success, says Memac

July 29 - August 4, 2009
505 views

Marketing and consultancy leader Memac Ogilvy has highlighted innovation as the key to the challenging times ahead.





Firm appoints 4Spots as web consultants

July 29 - August 4, 2009
294 views

Real estate developer First Bahrain has appointed 4Spots to build the website for its warehousing project at the Bahrain Investment Wharf (BIW).