Fitch Ratings expects that the construction sector in MENA will continue to be supported by government spending in Saudi Arabia, Qatar and Abu Dhabi in 2012 as these markets have undertaken massive infrastructure spending plans backed by government and government-related [...]
Misys, the global application software and services company, has achieved the No.1 position in four categories of the 2011 Risk Technology Rankings. These included Equities, Interest Rate and Inflation in the Trading Systems category; and Equities in the Pricing and [...]
Fitch Ratings has assigned EIB Sukuk Company Limited’s USD fixed rate senior unsecured trust certificates an expected rating of ‘A+ (exp)’. The Certificates (Sukuk) will be issued under EIB Sukuk Company Limited’s (EIBSC) $1billion Trust Certificate Issuance Programme as set [...]
Shares in commodities companies, particularly gold, are poised for a re-rating this year and are currently trading at attractive valuations, according to Malcolm Smith, Director at BlackRock’s Natural Resources Team. Smith highlighted disconnect between gold bullion’s headline grabbing performance and [...]
Bapco has exceeded its planned crude throughput target for 2011 set at the beginning of the year despite some interruptions to operation during the unrest period in February and March 2011. Bapco also recorded the highest ever monthly average crude [...]
Bapco extended a financial support to Mohamed bin Khalifa bin Salman Al-Khalifa Cardiac Centre. The initiative is part of Bapco’s ongoing commitment to support organizations of the society and boost its role as a key contributor to community welfare. Bapco’s [...]
Vandals blocked streets and committed acts of sabotage in Sitra following a mourning held for a dead rioter. The saboteurs hurled Molotov cocktails and stones and tried to stage an unauthorized march. “The rioters have been warned many times before [...]
