Batelco Group announces half year 2014 profit of BD24.9m
For the first six months of the year, the Batelco Group reported net profit of BD24.9M (US$66.0M) versus BD25.3M (USD67.1M) for the corresponding period in 2013, a slight decrease of 1% year over year and a 28% decrease since last quarter.
Bahrain firm to develop mixed-used project in Dubailand
Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its Dubailand district.
Dubai plunges as Gulf markets end worst quarter in years
Gulf stock markets ended their worst quarter in years on Monday as speculative bubbles continued to deflate in some stocks while the security crisis in Iraq and a lull in activity during the holy month of Ramadan dampened fresh buying.