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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.

Bahrain’s GFH To Arrange Leeds United FC’s Acquisition

Gulf Finance House will lead the purchase of the football club’s parent company, though no dates or terms are announced.

Bahrain’s GIB Updates $4bn Bond Programme

Gulf International Bank’s bond programme is 97.2 per cent owned by the Saudi government, giving a safer level of risk.

Bahrain’s Bank Alkhair Appoints New CEO

Following the arrest and conviction of its former chief executive, Khalil Nooruddin takes the reigns.

Bahrain’s Batelco Eyes $1bn Telco Deal In Monaco

The Bahraini telecoms operator is planning to buy the Monaco & Islands portfolio of British telecoms group CWC.

Bahrain Government To Sue Al Wefaq

The Gulf-state authorities react after the opposition group held a rally in Manama, despite a Government ban.

Bahrain’s Economy Shrinks In Q2

Real GDP expanded but ongoing political unrest continues to dampen the country’s growth.

5 Minutes With… Samer Majali, CEO, Gulf Air

Gulf Air CEO, Samer Majali, says a consultative leadership style is the best way to energize and motivate employees.

Bahrain’s Gulf Air Posts 6% Rise in H1 Revenue

Bahrain’s loss-making national carrier announced that revenues and passenger numbers rose during the first half of the year.

Biggest Banks In Bahrain

Bahrain faces sluggish growth and a rise in non-performing loans due to the fallout from political unrest.

Gulf Air Resumes Iraq And Iran Flights

Bahrain’s flag carrier will restart routes into both countries from next month.

Gulf Air Announces New Flights Across The Region

Bahrain’s flag carrier will begin a new daily flight to Dubai and several new flights across the subcontinent.

Top Ten Salaries in Bahrain

Bahrain witnessed major salary hikes in 2012 owing to the difficulty of recruiting amid the unrest.

Bahrain’s Investcorp Slumps On Euro Crisis

Bahrain-based investment company net income shrinks in face of Euro woes and asset depreciation.

Aluminium Bahrain Q2 Profit Falls 49%

Bahrain’s Alba said that second quarter net profit dropped due to lower prices and higher gas costs.

PineBridge Opens New MENA HQ In Bahrain

The new office of the global asset management company will be headed by ex-Mumtalakat CEO, Talal Al Zain.

Top Five Cities In The Middle East

Three UAE cities feature in the list that ranks cities on economic and social factors, labour rights and quality of life.

Gulf Carriers Bid For Saudi Licence

Seven consortia including Qatar Airways and Bahrain’s airlines are hoping to qualify for a new licence in the Kingdom.

Gulf Air Weighs On Bahrain Fund

SWF Mumtalakat, which has shares in the airline, made a net loss of $717.68 million last year.

Bahrain Bank Merger Gets Nod

Shareholders of Capital Management House, Capivest and Elaf Bank approve the three-way merger.

Former Alkhair CEO Found Guilty

Majid Al-Refai will serve four years in jail for a number of crimes during his tenure as CEO of Bank Alkhair.

Bahrain Eyes 10 Year Bond

The Arab state will need to attract conventional rather than Islamic investors due to the lack of sukuk.

$20bn Gulf Fund Not Capitalised

The wealthier GCC states had planned to create an aid fund to assist Bahrain and Oman combat social unrest.