Business Weekly

Business Weekly




Ithmaar shows slump

August 19 - 24, 2009
564 views

Ithmaar Bank reported a $30 million loss attributable to equity holders of the bank for the first half of 2009, owing to a second quarter loss of $33.8 million.





Gulf Air registers record Iraq sales

August 19 - 24, 2009
473 views

National carrier Gulf Air's recently announced service to Iraq has achieved record breaking first week sales.





Airline set for new service

August 19 - 24, 2009
454 views

Bahrain Air, the first privately owned carrier of Bahrain, said it has taken the necessary preparations to commence direct commercial flights from Bahrain to Baghdad and Najaf at a total of seven flights a week.





GCC recession is far from over

August 19 - 24, 2009
1598 views

GCC banks have posted profits of $4.2 billion in the second quarter of this year and $8.7 billion for the first half of 2009.





BIPEX signs up top teams

August 19 - 24, 2009
539 views

GulfWeekly has signed up as a media partner for the upcoming BIPEX 2009.