Top Bahrain News

Bahrain's Workforce Hailed

Bahrain's increase in labour productivity has been the highest in the Gulf since 2000 according to research by the Conference Board, an independent, not-for-profit organisation based in the USA. Khaleej Times - 29Aug 10:38GMT
Bahrain May Limit Oil Derivatives' Subsidy to Low-Income Nationals

The Bahraini government intends to limit the subsidy of oil derivatives for consumers in the country to those with low income, said Oil and Gas Minister Abdulhussein bin Ali Mirza on Friday. KUNA (Kuwait News Agency) - 29Aug 09:43GMT
Gulf Petrochemical Industries Company to Shape Future Strategy

Bahrain-based Gulf Petrochemical Industries Company (GPIC) initiated a study to evaluate the company's strategy for the year 2020. Bahrain Tribune - 29Aug 08:32GMT
DP World Plans Huge Growth as Net Soars

Dubai World subsidiary Dubai Ports World said it will expand its global network of terminals as emerging markets trade boosted its financial results for the first half of 2008. Emirates Business 24/7 - 29Aug 08:01GMT
Bahrain: Almoayed to deploy IBM solutions

Almoayed Group, the tier 1 partner of IBM in Bahrain, will deploy IBM Servers & Solutions for the Bahrain-based International Investment Bank's core banking solution. Bahrain Tribune - 29Aug 07:26GMT
Bahrain-based BBK gets new deputy CEO for business group

Shaikh Rashed bin Salman Al Khalifa has been appointed by Bahrain based BBK as their new deputy chief executive for the business group. Bahrain Tribune - 29Aug 07:14GMT
GCC tech investments to top $9.1bn

Technology investments in the GCC are expected to top $9.1bn by the end of 2008, making the region one of the world's leading hotspots for large-scale technology spending. The Peninsula - 29Aug 05:58GMT
GDF SUEZ & Gulf Investment Corp. Sign Deal

A consortium composed of GDF SUEZ and Gulf Investment Corporation (GIC) executed today with the Government of the Kingdom of Bahrain the project agreements for the development of Al Dur Independent Water and Power Producer (IWPP). Press Release - 28Aug 11:24GMT
Siemens In Talks With Gulf And Russian SWFs

Siemens, Europe's biggest engineering group, has held talks with sovereign wealth funds from the Gulf, Russia and other regions in an attempt to expand its long-term investor base. Financial Times - 28Aug 07:17GMT
Bahrain will take action against holders of fake degrees

Bahrain's Civil Service Bureau, the organisation in charge of managing the staff and payroll for all ministries, has pledged to take disciplinary measures against employees guilty of presenting fake diplomas for recruitment or promotion purposes. Gulf News - 28Aug 05:44GMT

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Economy & Politics
GCC Monetary Union Unlikely by 2010
With only about two years to go, Gulf Arab oil producers may not be able to meet the target for a monetary union by 2010, and are unlikely to sever their dollar pegs because the US currency is appreciating against other major currencies.

Economy & Politics
Confidence Tricks
The HSBC Gulf Business Confidence Index reveals that although confidence levels remain high among Gulf business people, they are on a steady, downward trend.

Travel & Tourism
Doubling Portfolio
Hyatt International is looking to solidify its presence in the region with three more hotels in the UAE by 2012 and plans to tap into the main gateway cities in the Gulf.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Ahli United Bank	Bahrain	6,065
2	Bahrain Telecommunications Company	Bahrain	2,677
3	Gulf Finance House	Bahrain	2,596
4	Albaraka Banking Group	Bahrain	2,023
5	Investcorp Bank	Bahrain	2,000
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EIU Forecast For Bahrain

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