Tag: Bahrain
Qatar Emir’s Invite to Join Gulf Summit Signals Regional Thaw
(Bloomberg) --Qatar said its emir has been invited by the Saudi monarch to attend this month’s summit of Gulf Arab nations in Riyadh, in...
S&P revises Bahrain’s outlook to positive over improving fiscal prospects
Global ratings agency Standard and Poors (S&P) revised its outlook on Bahrain to positive from stable following the implementation of the government's budget-deficit-reducing measures and...
Bahrain’s Bank ABC launches digital, mobile-only retail bank ‘ila’
Bahrain-based Bank ABC (Arab Banking Corporation) entered the digital space with it's new mobile-only 'ila Bank'. This is latest in series of the bank's modernisation...
Bahrain’s Investcorp acquires two US portfolios for $800 million
Bahrain’s alternative asset manager Investcorp has acquired two industrial and logistics portfolios for approximately US $800 million.
The portfolios, acquired by the firm's US-based real estate arm, consist of...
World Jewellery Confederation Congress 2019 kicks off in Bahrain
The World Jewellery Confederation (CIBJO) Congress 2019 kicked off in Manama, Bahrain on Monday. The conference has been organised by the Bahrain Institute for...
Bahrain Bourse lists BD185 million Government Development Bond
Bahrain Bourse (BHB), also called the Bahrain Stock Exchange, has announced the listing of the Government Development Bond – Issue No. 19, reported the country's state...
Kuwait, Saudi Arabia stocks climb after MSCI review
(Bloomberg) --Stocks in Kuwait and Saudi Arabia rose the most in the Gulf as investors reacted positively to a review by index compiler MSCI...
Gulf rate cuts in wake of Federal Reserve are finally joined by Kuwait
(Bloomberg) --Kuwait joined a round of monetary easing in the Gulf for the first time this year as regional central banks followed the U.S....
Kuwait, Bahrain wealth funds to consider investing in Aramco IPO
(Bloomberg) --Sovereign wealth funds in Kuwait and Bahrain said they will consider investing in the initial public offering of Saudi Aramco, while their counterpart...
MENA economies on top in World Bank’s Ease of Doing Business 2020 report
Economies in the Middle East and North Africa (MENA) region emerged on the top in World Bank’s Doing Business 2020 report for implementing the...
