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Aluminium Bahrain Production Rises 2 Pct In Q1

Aluminium Bahrain Production Rises 2 Pct In Q1

Aluminium Bahrain's output rose 2 percent in the first quarter of 2012, while sales were steady despite sluggish growth in Europe slowdown, Alba said on Sunday.

April 15, 2012 2:46
 
Bahrain economic growth slows to 2.2 percent in 2011

Bahrain economic growth slows to 2.2 percent in 2011

Bahrain's economy grew 2.2 percent in real terms in 2011, the Gulf Arab country's statistics office head said on Wednesday, a sharp slowdown from 4.5 percent expansion in the previous year.

March 21, 2012 2:01
 

United Gulf Bank appoints Soukarieh as acting CEO

Bahrain's United Gulf Bank , majority owned by Kuwait Projects Company (Kipco) , said on Wednesday it has appointed Rabih Soukarieh as acting chief executive officer.

March 7, 2012 1:53
 
Bahrain's Al Baraka eyes more growth in Asia Pacific

Bahrain's Al Baraka eyes more growth in Asia Pacific

Bahraini Islamic lender Al Baraka Banking Group aims for 15-percent growth in net profit this year and plans to buy a 75-percent stake in an unlisted Indonesian bank as part of its global expansion plan.

March 4, 2012 11:17
 
Bahrain’s Al Baraka eyes more growth in Asia Pacific

Bahrain’s Al Baraka eyes more growth in Asia Pacific

Bahraini Islamic lender Al Baraka Banking Group aims for 15-percent growth in net profit this year and plans to buy a 75-percent stake in an unlisted Indonesian bank as part of its global expansion plan.

March 4, 2012 11:17
 
Bahrain’s Gulf Finance House swings to small profit in 2011

Bahrain’s Gulf Finance House swings to small profit in 2011

Bahrain's Gulf Finance House swung to a full-year profit in 2011 as the troubled sharia-compliant investment firm said its restructuring plan, which included significant cost-cutting, helped reverse its fortunes.

March 1, 2012 1:48
 
Bahrain Fund boss quit over lack of deals

Bahrain Fund boss quit over lack of deals

The head of Bahrain's sovereign wealth fund quit over differences of strategy with the board, disappointed by its lack of deal-making as it focuses on reviving loss-making domestic assets, sources familiar with the matter said on Tuesday.

February 29, 2012 1:39
 
Bahrain’s Al Baraka Banking Group posts flat Q4 profit

Bahrain’s Al Baraka Banking Group posts flat Q4 profit

Bahraini Islamic lender Al Baraka Banking Group made a fourth-quarter net profit of $46 million, unchanged on the same period in 2010, the bank said in a statement on Thursday.

February 25, 2012 1:26
 
Bahrain’s BATELCO says India stake sale to lift 2012 profit

Bahrain’s BATELCO says India stake sale to lift 2012 profit

Bahrain Telecommunications Co's (Batelco) sale of its stake in Indian affiliate S Tel will help it achieve double-digit profit growth in 2012, the former monopoly said on Wednesday.

February 23, 2012 11:17
 
Bahrain Bankers Relieved, Eye Infrastructure Projects

Bahrain Bankers Relieved, Eye Infrastructure Projects

"Thank God Feb. 14 went fine to a great extent. There is hope that the political situation will be seen as stabilised to a great extent and agencies start increasing ratings," Abdulkarim Bucheery, chief executive officer of Bank of Bahrain, said at a meeting with reporters.

February 20, 2012 1:46
 

Investcorp H1 profit slumps 90 percent on hedge fund woes

Alternative investment manager Investcorp reported a 90-percent drop in half-year profits on Monday, hit by declining hedge fund revenues.

February 13, 2012 2:17
 
Bahrain opposition launch week-long rally for reform

Bahrain opposition launch week-long rally for reform

Bahraini opposition parties, launching a week-long 'sit-in' for political reforms at a mass rally, swore on Sunday to take their campaign to the centre of last year's democracy protest in the capital Manama.

February 5, 2012 1:19
 
Bahrain’s Gulf Air to downsize, seeks state funds

Bahrain’s Gulf Air to downsize, seeks state funds

Discussing cash injection from government, state fund; CEO says will downsize fleet, cut networks; Airline will not sold or dissolved, says CEO

January 26, 2012 1:44
 
Gulf Air says Bahrain mulling turnaround options

Gulf Air says Bahrain mulling turnaround options

Gulf Air, Bahrain's loss-making national carrier, said on Wednesday that all options were being considered to make it profitable after a newspaper reported that the airline may be dissolved or sold.

January 25, 2012 2:22
 
Batelco buys Jordan 3G telco licence for $70M

Batelco buys Jordan 3G telco licence for $70M

Batelco Group has bought a third-generation (3G) telecoms licence in Jordan for 50 million dinars ($70 million), the Bahraini operator said in a statement on Tuesday.

January 25, 2012 1:53
 
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