Business Weekly

Show set for take-off

A partnership between Arena Group and Lea International has landed the $24.3 million structural contract for the biennial Bahrain International Air Show.

Futurebank second quarter profits up by 17 per cent to BD3 million

Bahrain-based Futurebank has announced a net profit of BD4.78 million for the half-year period ended June 30, 2009.

Bahrain's state-of-the-art building store a big draw

Mumtalakat deal sealed

Kuwait Finance House-Bahrain (KFH-Bahrain) played a major role in arranging a five-year, $140 million syndicated Ijara facility for the government's investment arm Bahrain Mumtalakat Holding Company.

GCC economies lose weightage

There has been a marked fall in confidence amongst international and regional investors towards the GCC, as seen by a 10.5 point drop in the GCC Index, says the July 2009 GCC Investor Sentiment Report of Shuaa Capital.