The privately owned airline was flying to around a dozen locations in the Middle East.
The kingdom’s Economic Development Board estimated GDP grew 3.9 per cent in 2012, up from 1.9 per cent in 2011.
Opposition members have expressed very cautious optimism that the talks represent a meaningful step forward.
Opposition groups have suggested they would attend but cited differences with the government over the aim of the talks.
The investment firm’s net profit rose to $39.2 million for the six months ended December 31, up from $5.2 million in the same period a year ago.
The private equity firm said earlier this month that it plans to announce a new deal in early February.
The residential leasing market in the country is slowly picking up despite political instability, says report.
Standard & Poor’s has ranked the state as BBB, as has Fitch while Moody’s ranks it Baa1.
The Bahraini investment firm has acquired a stake in US-based FishNet Security for an undisclosed sum.
The operator’s profit was hit by domestic competition and one-off charges from a cost-cutting programme.
MENA region to be core focus of new strategy and the aim is for Bahraini businesses to forge closer links with regional markets.
Investcorp sold the insurance industry software provider to US-headquartered Leonard Green & Partners.
Operator maintains that while occupancies in Bahrain have reduced year on year, business opportunities remain.
Capivest, Elaf Bank and Capital Management House have merged after more than a year of negotiations.
Gulf Air cited “commercial reasons” for the decision, which will place the carrier under renewed scrutiny.
The investment firm is currently in the midst of a Chapter 11 bankruptcy process.
Alba received a five-year $85 million loan from Bahrain’s Gulf International Bank and a three-year loan from a group of banks.
The country faces political problems and a hangover from banks that were affected in the global economic crisis.
The $66 million development is held up again by land issues.
Bahrain’s Takaud hopes its product will help MENA companies struggling to deal with an ageing population.
Wefaq, the leading opposition group in Bahrain, said the outcome should “be approved by the people”.
Following the resignation of the CEO of Gulf Air, Samer Majali, this week, where does the airline find itself as it approaches 2013?
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
The annual GDP rise of 3.1 per cent was mainly due to non-oil economic activities.
Abu Dhabi National Energy Co (TAQA) has $1.75 billion in bond maturities next year.
The deal includes assets in Monaco, Maldives, the Seychelles and Channel Islands.
The US TV celebrity was in the Gulf state to launch a milkshake franchise.
Samer Majali will remain in his job until the end of 2012; no reasons have been given.
Firms in the banking and financial sector lead the list of the top companies in Bahrain.
Gasoil contracts secured at a high premium for Q1 next year. Price is labelled ‘crazy’ by traders.