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Wed, 07 Jan 2009 | 17:17 GMT
 
Top Bahrain News

  • KI Forecasts 100% Increase in GCC Turnover


    One of America's largest office furniture manufacturing companies, Krueger International, (KI) is forecasting a 100 per cent increase in GCC turnover in the 2009 financial year. Khaleej Times - 07Jan 07:00GMT
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  • Israeli terror in Gaza overshadows US-Gulf forum


    Israeli terrorism and the blindly biased US policy in the Middle East overshadowed deliberations at a high-profile forum on US-Gulf relations, which opened here yesterday with a call to intensify global efforts to end the brutal attacks and to establish an immediate cease-fire. Arab News - 07Jan 06:36GMT
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  • Listed firms 2nd best GCC performer


    The net profits of UAE companies listed on its two stock exchanges are projected to have jumped by nearly 33 per cent in 2008 to turn the country into the second best stock performer in the region, according to a bank survey. Emirates Business 24/7 - 07Jan 06:23GMT
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  • Oman's trade links with GCC on the rise


    The amount of intra-Gulf Cooperation Council (GCC) trade stood at $46.6 billion in 2007 in terms of exports from the six GCC states to the other GCC states. Oman Daily Observer - 07Jan 06:18GMT
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  • Bahrain's Credit Outlook Negative, Says Moody's


    Global ratings agency Moody's Investors Service has downgraded Bahrain's sovereign ratings outlook from stable to negative after oil prices fell below its budget breakeven level. Emirates Business 24/7 - 07Jan 06:05GMT
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  • GCC official highlights importance of Arab economic summit


    Secretary General of the Federation of GCC Chambers Abdul-Rahim Naqi hailed on Tuesday as "timely and crucial" the Arab Economic, Social and Development Summit to be held in Kuwait on Jan 19-20. KUNA (Kuwait News Agency) - 06Jan 12:16GMT
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  • VideoMoody's cuts Bahrain outlook to negative


    (Arabic) Moody's has downgraded outlook on Bahrain's sovereign ratings from stable to negative amid sharp drop of oil prices. Al-Arabiya - 06Jan 09:24GMT
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  • Bahrain's sovereign ratings outlook changed to negative


    Moody's Investors Service has today changed the outlook on Bahrain's sovereign ratings to negative from stable. Press Release - 06Jan 07:46GMT
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  • American office manufacturer forecasts 100% increase in GCC turnover


    One of America's largest office furniture manufacturing companies, Krueger International, (KI) is forecasting a 100 per cent increase in GCC turnover in the 2009 financial year. Press Release - 06Jan 07:45GMT
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  • MTQ forms subsidiary in Bahrain


    MTQ Corporation Limited Group (MTQ), a leading engineering services company listed on the Singapore Stock Exchange, has formed a subsidiary MTQ Bahrain to set up a $20 million facility at the Bahrain International Investment Park. Emirates Business 24/7 - 06Jan 06:25GMT
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CBB Criticizes Moody's Outlook On Bahrain
 
Arabic language (0:48)
Rashid Al Maraj says Moody's doesn't have internal data that allows them to monitor Bahrain's economic status accurately - 07Jan
 

Research     

How GCC Monetary Reforms can support US Economic Recovery
Special Contributions - Jan 2009

AlphaOmegaPi argues that reforming GCC monetary architecture, with appropriate policy actions, can be a key supporting factor to US economic recovery, while bringing about much needed local monetary empowerment in the region. The architecture that needs reform is well described by the fact that GCC central banks do not have any significant holdings of government bonds.


Companies     

On Its Fleet Again

Libyan Airlines rose from an eight-year ban in 1999 to resume  its international services. Since then, its rebuilding efforts have included a merger with Al Jamahiriya and in 2007, the Airline raised its paid up capital by 76% to USD136.5 million and ordered 15 airbus aircrafts.
 
 
 
 
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Companies in Bahrain

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Dubai RTA - Dubai Metro - Purple Line UAE Infrastructure
WDEPC - Abu Qir Power Plant Expansion - Civil Works Egypt Power and Water
Qatar Foundation - Sidra Hospital Qatar Real Estate
ADCO - SAS Field Development UAE Oil and Gas
Saadiyat Island Development - Saadiyat Resort and Beach Residences (Phase 1) UAE Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP) UAE Oil and Gas
 

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Zawya Select
ZawyaSelect
Economy & Politics
GCC-Singapore FTA Offers Hope
As 2008 ended on a low amid a global financial crisis, the FTA between the GCC and Singapore formalized in December came as a whiff of fresh air.
 

 
Economy & Politics
Progressive Taxation
Although a pan-GCC "progressive" tax structure is inevitable, it will take months of preparation before individuals in the region begin to shell out a part of their monthly income to the government coffers.
 

 
Economy & Politics
Acting Firmly
As businessmen and investors reflect on 2008, it will be interesting to see how many adjectives come to the fore. Turbulent, roller-coaster and tumultuous are just a few that spring to mind.
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Capital
($mil)
1 Ahli United Bank Bahrain 3,497
2 Bahrain Telecommunications Company Bahrain 2,387
3 Arab Banking Corporation Bahrain 1,840
4 Albaraka Banking Group Bahrain 1,793
5 National Bank of Bahrain Bahrain 1,371
» View Full List
 
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Companies in Bahrain
 
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