Brazil Drives Growth in the Americas
US citizens are cautious about travelling due to a weak economy. Brazil, on the other hand, continues to drive growth in Americas.
Batelco Group’s Acquisitions 2012: Statement Regarding the CWC M&I Acquisition
Batelco Group issued a statement to clarify the acquisition price for CWC M&I (Cable & Wireless Communications Monaco and Islands Division) assets.
Batelco Group’s Acquisitions 2012: Major Deal Agreed
Batelco Group agreed on a deal to purchase CWC’s Monaco and Island Business Unit.
Bank of the Year 2012: Gulf Bank of Kuwait
Gulf Bank of Kuwait, the second largest bank in Kuwait, wins the Bank of the Year 2012 award from The Banker.
Batelco Group Investment Grade Affirmed by Fitch Ratings & with Stable Outlook
Fitch Ratings affirms Batelco Group’s investment grade and also highlights its robust free cash flow (FCF) and pre-dividend FCF generation levels.
Investments of AREF Energy in 2012: An Investment into Al-Taqa Fund
AREF Energy has recently invested almost USD 19 million into Al-Taqa Fund, which is managed by Kerogen Capital.
Gulf Bank and Al-Sayer Group Partnership
Gulf Bank has reinforced its already strong relationship with Al-Sayer Group for Toyota promotions.
Batelco Vision for 2012 and 2013: Business and Financial Outlook
Business and financial outlook for Batelco Group for the last quarter of 2012 and 2013.
Gulf Bank Profit 2012: 11% Increase of Operating Profit to KD 91.1 Million
Gulf Bank Highlights: Operating profit of KD 91.1M, representing a 11% increase over the previous year. Net Profit of KD 22.4M, against KD 27.4M in the previous year. Precautionary general provisions up by KD 46M to KD 136M.
Batelco and Siva Limited: Enforcement of Settlement Agreement
Batelco seeks enforcement of settlement agreement with Siva Limited.