THE COMPANY: Al Salam Bank-Bahrain (ASBB) is a diversified Islamic bank engaged in commercial and investment banking and providing wealth management, retail, corporate, treasury, offshore and private banking services. Incorporated in January 2006, ASBB is regulated by the Central Bank of Bahrain...
THE COMPANY: Ahli United Bank (AUB), a full-fledged commercial and investment banking group providing wealth management, retail, corporate, treasury, offshore and private banking services, is Bahrain’s largest commercial bank by market capitalisation and asset base. Incorporated in April 2000, AUB is regulated by the Central Bank of...
THE COMPANY: Bahrain Telecommunications Company (Batelco) is the oldest and largest telecom service provider in the kingdom. Established in 1981 as a Bahraini shareholding company, it offers telecom services across the fixed-line, mobile and internet segments. Batelco has evolved from a regional operator to a major international...
According to the IMF, Bahrain’s economy grew by 5.3% in 2013; however, this was expected to slow somewhat to 3.9% for the following year. One of the main challenges faced by the Bahrain government is how to reduce public spending, especially given downward pressure on oil prices in the latter half of 2014. In this respect, the government has been moving away from the...
Despite the gradual economic recovery seen in the US and parts of Europe, the GCC has witnessed strong growth in recent years, and Bahrain is no exception. With its main stock market index reaching a three-year high in mid-2014, and spending on infrastructure anticipated in the second half of the year, there has been a renewed sense of confidence and cautious optimism...
As part of the kingdom’s long-term development strategy, private sector investment and innovation is set to play a key role in Bahrain’s future prosperity. The country has a long history of trade and has created an attractive environment for companies wishing to invest and establish a base from which to do business in the Middle East and beyond.
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