Flip through the latest issue of Gulf Weekly.
A NEW application has recently been launched in the Middle East which allows users to access newspapers and magazines through their mobile phones.
The Bahrain Financial Exchange (BFX) announced a new licensing agreement with FTSE Group to list, trade and market a number of derivative products based on a range of FTSE's regional and international indices.
BAHRAINI retail and commercial banking institution, BMI Bank (BMI) promoted Bahraini Fathi Ebrahim to the position of head of wholesale banking. Mr Ebrahim, who was earlier responsible to manage the bank's Islamic financial services division, will look to build the wholesale banking business locally as well as in countries where the bank has a presence either directly or through its associate.
Gulf International Bank (GIB) reported consolidated net income after tax of $56.3 million for the six months ended June 30, 2010 compared to a loss of $22.5 million in the comparable prior year period. Net income after tax in the second quarter was $29.5 million representing a 10 per cent increase over the first quarter profit.
Hilal Conferences and Exhibitions, Bahrain, have announced new dates for their 2011 flagship exhibitions, gulfBID - for the construction sector, and gulfINTERIORS - for the interiors, design and furniture sectors, which will run from April 26-28.
Ahli United Bank (AUB) reported a net profit of $135.9 million (H1/2009: $143.5 million) for the six months ended June 30, 2010, a 5.3 per cent drop compared to the corresponding period last.
