24x7 News » December 19th, 2010 News Article posted on “December, 2010”

Atlanta City to setup its Middle East office in Manama

Shaikh Mohammed bin Essa Al-Khalifa, left, with Kasem Reed, during the agreement signing ceremony.

Bahrain’s EDB signs MoU with US Atlanta city City of Atlanta has announced to establish a Middle East office in Bahrain, paving the way for a greater co-operation between Manama and Atlanta through an enhanced scope for two-way trade, investments [...]

December 19th, 2010 | Posted in Economic Development Board,Headline,LOCAL NEWS,National Economy | Read More »

Investcorp makes new investment in FleetMatics

Investcorp makes new investment in FleetMatics, a market leader in vehicle fleet management systems. Investcorp, the asset management firm specialising in alternative investments and $11.9 billion in assets under management, has made a new investment in FleetMatics, one of the [...]

December 19th, 2010 | Posted in Banking & Finance | Read More »

CBB Governor lauds global expansion of Albaraka Banking Group

CBB Governor, Al Maraj with Adnan Yousif & other officials and members of the ABG delegation.

Rasheed Mohammed Al Maraj, Governor Central Bank of Bahrain (CBB) lauded the efforts undertaken by the ABG to develop the Islamic finance industry and taking it to the different markets across the world. Al Maraj also congratulated the ABG for [...]

December 19th, 2010 | Posted in Banking & Finance,Central Bank of Bahrain,Headline,LOCAL NEWS | Read More »

Asset-backed business model shielded IFIs from the crisis: World Bank

Sharia principles and asset-backed business model of the Islamic finance has largely shielded the Islamic financial institutions from the effects of the global financial crisis, a senior official at the World Bank said. “Sharia principles of risk-sharing and asset-backing for [...]

December 19th, 2010 | Posted in Banking & Finance | Read More »

ASEAN-GCC FTA will open a new page for Bahrain-Singapore relations

Dr-Esam-Fakhro

The prospect of Bahrain-Singapore co-operation is even brighter with the ASEAN-GCC free trade agreement is getting closer to the realty, the Chairman of the Bahrain Chamber of Commerce and Industry (BCCI) said. A high-powered business delegation led by the Chairman [...]

December 19th, 2010 | Posted in Bahrain Chamber of Commerce & Industry,LOCAL NEWS,National Economy | Read More »

Manama ranks fourth among the best cities in the MENA region

Bab al Bahrain

Manama ranked as the fourth best city and topped the ladder in terms of the economic conditions in the Middle East and North Africa (MENA) region, according to the findings of a survey. The “Best Cities of the Middle East [...]

December 19th, 2010 | Posted in Headline,LOCAL NEWS,National Economy | Read More »

Experience winter retreat at Kempinski Hotel

Kempinski Hotel

Experience winter retreat at Kempinski Hotel Mall of the Emirates during simmering hot summer Bahraini families during the festive season of Eid Al Fitr and year-end break can experience the wonders of a true winter retreat in one of Kempinski [...]

December 19th, 2010 | Posted in Hotels,LOCAL NEWS,Travel/Tourism | Read More »

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