You can still make money on the GCC stocks markets: analyst
The Gulf stocks markets are expected to continue their steady upward momentum, thanks to strong macro-economic growth and revival of the IPO market, said Arjuna Mahendran, Chief Investment Officer at Emirates NBD, in a note.
Bahrain's Batelco names new CEO
Bahrain's Batelco BTEL.BH has appointed Alan Whelan as group chief executive, the state-run telecommunications operator said on Wednesday, nearly 11 months after its former CEO quit.
Billions needed to upgrade Egypt's power grid as summer crunch looms
Egypt needs to find at least USD 5 billion to invest in its dilapidated power grid, a government official told Reuters, highlighting a major challenge for the next president as the country faces the risk of worsening blackouts this summer.