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Bahrain Residential Rents Stabilise In Q4 2012

The residential leasing market in the country is slowly picking up despite political instability, says report.

S&P Revises Bahrain’s Credit Outlook To Stable

Standard & Poor’s has ranked the state as BBB, as has Fitch while Moody’s ranks it Baa1.

Investcorp Buys Majority Stake In US Security Firm

The Bahraini investment firm has acquired a stake in US-based FishNet Security for an undisclosed sum.

Bahrain’s Batelco Profit Slumps 24% In Q4 2012

The operator’s profit was hit by domestic competition and one-off charges from a cost-cutting programme.

Gulf Air Targets 24% Cost Savings In 2013

MENA region to be core focus of new strategy and the aim is for Bahraini businesses to forge closer links with regional markets.

Bahrain’s Investcorp sells CCC Information Services

Investcorp sold the insurance industry software provider to US-headquartered Leonard Green & Partners.

Rotana Eyes Bahrain Recovery

Operator maintains that while occupancies in Bahrain have reduced year on year, business opportunities remain.

Bahraini Islamic Banks Complete Rare Gulf Banking Merger

Capivest, Elaf Bank and Capital Management House have merged after more than a year of negotiations.

Gulf Air To Drop Three Routes

Gulf Air cited “commercial reasons” for the decision, which will place the carrier under renewed scrutiny.

Bahrain’s Arcapita Sells Stake In London Care Facilities

The investment firm is currently in the midst of a Chapter 11 bankruptcy process.

Bahrain’s Alba Gets Loans To Pay Off $169m Bond Maturing In 2013

Alba received a five-year $85 million loan from Bahrain’s Gulf International Bank and a three-year loan from a group of banks.

Banking Special: Bahrain Remains Challenged

The country faces political problems and a hangover from banks that were affected in the global economic crisis.

Bahrain’s Marina Project Hit By New Delays

The $66 million development is held up again by land issues.

The Gulf’s First Private Pension Launches

Bahrain’s Takaud hopes its product will help MENA companies struggling to deal with an ageing population.

Bahrain Opposition Hails Crown Prince’s Call For Talks

Wefaq, the leading opposition group in Bahrain, said the outcome should “be approved by the people”.

Gulf Air CEO Resignation: What Happens Now?

Following the resignation of the CEO of Gulf Air, Samer Majali, this week, where does the airline find itself as it approaches 2013?

Best Western Opens All-Suite Hotel In Bahrain

The chain is in the midst of an aggressive Middle East expansion with new hotels in Jordan, Kuwait, Oman, Saudi Arabia and another property coming up in Bahrain

Bahrain Economy Recovers And Grows In Q3

The annual GDP rise of 3.1 per cent was mainly due to non-oil economic activities.

TAQA, GIB To Price Bonds In Late-Year Gulf Flurry

Abu Dhabi National Energy Co (TAQA) has $1.75 billion in bond maturities next year.

Batelco To Buy $1bn Of CWC Assets

The deal includes assets in Monaco, Maldives, the Seychelles and Channel Islands.

Kim Kardashian Brings Out Fans, Islamists And Police In Bahrain

The US TV celebrity was in the Gulf state to launch a milkshake franchise.

Bahrain’s Gulf Air CEO Resigns

Samer Majali will remain in his job until the end of 2012; no reasons have been given.

Revealed: Top 10 Companies In Bahrain

Firms in the banking and financial sector lead the list of the top companies in Bahrain.

Bahrain’s Bapco Secures 2013 Deals At $3 Per Barrel

Gasoil contracts secured at a high premium for Q1 next year. Price is labelled ‘crazy’ by traders.

Gulf Air Restructures Fleet To Save $2.5bn

Tough economic conditions and Bahrain unrest push Gulf Air to reduce fleet.

Bahrain’s GIB Picks Banks For Dollar Bond

Gulf International Bank picked JP Morgan Chase, NBAD, Barclays, Standard Chartered and Societe Generale to arrange the deal.

Bahrain’s Batelco Sues Indian Ex-partner For $185m

The Bahraini telecoms firm accused Siva Ltd of not adhering to a settlement agreement over their joint venture S Tel.

Five Bomb Blasts Hit Bahrain, 2 Killed

The blasts in Bahrain’s capital Manama killed two workers and injured another.

Bahrain Must Lift Ban On All Protests – Amnesty

The government has banned all rallies and gatherings to ensure public safety and prevent violence.

Bahrain’s Batelco Seeks Majority Stakes In Foreign Units

Batelco currently owns Jordanian operator Umniah and 27 per cent of Yemeni mobile firm Sabafon.