Posts Tagged ‘ Bahrain ’

Big Bahrain Banknotes

July 12, 2011
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Big Bahrain Banknotes

Good times in Bahrain vis-à-vis its business sector. Recent news from the region is that according to a Yahoo news article, its “business firm sector saw strong first quarter growth with an increase of more than 40 percent in managed assets compared to last year.”  Principle investments also jumped the equivalent of $325.22m.  According to Rahman Al Baker (CBB Executive Director of Financial Supervision), “this sector has shown substantial growth since its inception and still is promising further growth...

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Pakistan Investments Increase

March 31, 2011
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Pakistan Investments Increase

Pakistan Packs It In Despite the crazy floods to strike the country just a year ago, impacting a staggering 18 million people, it looks like Pakistan’s economy is actually growing today. Indeed, it looks like the country will be joining forces with Malaysia and economists expect economic cohesion between the two countries to expand “by at least 10 percent this year.” According to Datuk Mukhriz Mahathir, Malaysia’s Deputy International Trade and Industry Minister, there could be joint work between...

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Royal Bank of Scotland Merges with Faysal Bank Limited

January 2, 2011
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Faysal Bank Limited has merged with the Pakistani division of the Royal Bank of Scotland limited. Faysal Bank issued a press release stating that “This merger has been completed in record time, within three months of acquiring controlling interest.” In addition, all RBS branches in Pakistan are now being marketed under the Faysal Bank label. Faysal Bank now has a network of more than 200 branches throughout the country. Its new asset base is more than Rs250 billion. Naved...

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