Batelco Group CEO expresses confidence in group’s ability to raise $1.2b for Zain KSA deal
Batelco Group Chief Executive Officer, Peter Kaliaropoulos has reiterated Batelco’s confidence in their ability to raise sufficient funds to pay ...
Tag: Kuwait
Fitch downgrades four banks on Bahrain sovereign action
Fitch Ratings has downgraded Bahrain-based BBK's long-term issuer default rating (IDR) to 'BBB-' from 'BBB+', National Bank of Bahrain's (NBB) ...
KHC-Batelco consortium’s $950m joint bid for 25% stake in Zain KSA get nod from the board
Batelco Group and Kingdom Holding's joint bid to acquire the 25% stake in Zain KSA worth $950 million has been ...
Batelco Group and KHC join hands to bid for 25% of Zain KSA
[caption id="attachment_2536" align="alignleft" width="150" caption="From the right, Prince Alwaleed Bin Talal AlSaud, Shaikh Hamad Bin Abdulla Al Khalifa, Peter Kaliaropoulos ...
Menatelecom emerges second largest broadband service provider in Bahrain
Menatelecom, an investment subsidiary of Kuwait Finance House-Bahrain (KFH-B) and one of the most advanced ...
Arab and Bahraini scholars urge immediate national dialogue
Leading Bahraini and Arab scholars on Wednesday have rallied to advocate wisdom and reason and urge national dialogue to start ...
Fitch downgrades ABC to ‘BB’/Stable on Libyan sovereign action
Fitch Ratings has downgraded Bahrain-based Arab Banking Corporation's (ABC) long-term issuer default rating (IDR) to 'BB' from 'BBB-'. The outlook ...
Emirates boost 100% flight frequency to the Seychelles
[caption id="attachment_2429" align="alignleft" width="150" caption="Emirates cabin crew pose at the beginning of the parade of the ‘Carnaval International de Victoria’ ...
Middle East banks top the global chart in total shareholder return in 2010: Expert
While the recovery of the global banking industry slowed considerably in 2010, the banking industry ...