Six new Al Meera stores to open in Qatar

Al Meera Consumer Goods Company recently signed deals with two contractors to build six new stores in Qatar. The retailer has chosen Al Muftah Contracting Company to construct four of the shopping centers while Al Khayarin Group Contracting and Trading will create the other two. The shopping centers will located in Al Khor, Azghawa, Leabaib, Rawdat Aba El Heran, Saileya and Umm Qarn. Read More »

GFH Financial Group highlights a successful year at annual meeting

Bahrain-based regional financial services group GFH Financial Group (GFH) completed the annual general meeting (AGM) for the year ending Dec. 31. “2015 was a positive year for GFH, despite challenging market conditions,” GFH Chairman Ahmed Al-Mutawa said. During the meeting, Al-Mutawa summarized the group’s business transactions and revealed the financial results for 2015. Read More »

Panel discussion focuses on Bahrain as special purpose vehicles hub

A recent panel discussion titled "Special Purpose Vehicles (SPV) and Corporate Entities Component in Investment Banking & Asset Management" highlighted the importance of promoting Bahrain as a hub for SPVs. The discussion was hosted by the Bahrain Asset Managers Association (BAMA) in partnership with the Central Bank of Bahrain (CBB) and the Bahrain Economic Development Board (EDB). Read More »

Spring of Culture festival underway in Bahrain

The 11th edition of the Spring of Culture festival, organized by the Bahrain Authority for Culture and Antiquities (BACA), Economic Development Board (EDB), the Shaikh Ebrahim Centre for Culture and Research and numerous art galleries, is running through April. The festival is comprised of cultural events and activities including exhibitions, concerts and theatrical productions. Read More »

Venture capital industry helping MENA tech entrepreneur sector achieve tenfold growth

BECO Capital, a venture capital firm that provides early-stage growth capital and hands-on operational support for technology companies in the Middle East and North Africa (MENA) region, recently reported that the tech entrepreneur sector in the area has achieved tenfold growth lately. The company said the technology ecosystem has been growing with the help of major players including angel investors, incubators, accelerators, venture capital firms and government initiatives. Read More »

How will the Qatar Investment Authority economic strategy affect the Western world?

As reported in Bloomberg news and other venues, Qatar’s government is looking to get involved in the U.S. in a big way. The country's sovereign wealth fund, the Qatar Investment Authority, has opened a New York office and is aggressively looking to acquire U.S. assets with $35 billion. At the same time, Qatar and its related investors are also spending money elsewhere around the world. Read More »

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