Bahrain
The latest business news, company announcements and analysis from Bahrain. Keep abreast of the most up-to-date developments in the city's financial market, and developments in the country's real estate sector, such as the Financial Harbour project, and see how will these affect you and your business.
Bahrain news
International Investment Bank posts Q3 results
Bahrain-based Islamic investment lender, International Investment Bank (IIB) has reported a net loss of $0.6m for the third quarter of 2009, compared to a net income of $0.8m earned in the same period of 2008. The loss is attributed to fewer investment banking transactions due to current market situation. Net loss for the nine month period was $2m, compared with net income of $12m for the same period last year, IIB said.- » Bahrain Duty Free to offer flower delivery
- » Investcorp to buy Gulf Cryo stake
- » Gulf Finance places $100m Murabaha
- » Gulf Air prepares workforce cuts
- » Partnership formed to run Bahrain field
- » Venture Capital Bank 9-month profit falls
- » Illegal satellite users abound in Bahrain
- » Batelco announces phase out of dial-up internet service
- » New Toyota Land Cruiser Prado on sale in Bahrain
Bahrain press releases
CFA Bahrain Society appoints new President and Board of Directors
CFA Bahrain, the Kingdom's pre-eminent association for local investment professionals consisting of portfolio managers, investment advisors, educators and other financial professionals, has announced its new board of directors.- » Bahraini company 'Inoui Designs' wins 'Commercial Interior Design Award 2009'
- » Societe Generale Group opens wealth management office in Bahrain
- » The General Organisation of Sea Ports to host 5th Trans Middle East Conference
- » BFX holds PDWG meeting
- » International Institute of Strategic Studies signs up with GBCORP Tower
- » Majaal Warehousing Company takes Best Industrial Property at 2009 Gulf Real Estate Awards
- » Gulf Air welcomes first passengers to new home at Charles De Gaulle Airport
- » Batelco 'Enterprise Solutions Forum' unveils the latest business solutions
- » Jawad Habib recognised at BDO Annual Conference in Berlin
Analysis
Gulf Air faces fight for survival
Gulf Air has hired a new CEO and is conducting a review of all its business practices in a bid to return to profitability. However, although air traffic in the Middle East remains strong, questions remain about whether the Bahrain-based airline can compete with the major carriers in the region.- » GCC Business Outlook: Bahrain and Oman
- » Bahrain open for business in Gulf efforts to lead world out of recession
- » Friendship Bridge to connect Bahrain to Qatar
- » Bahrain the 'Switzerland of the Gulf'
- » Bahrain seeks new oil and gas finds
- » From 2G to 3G
- » One size fits all?
- » Bahrain internet progress
- » WiMAX wizardry
Basic country information
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