Investing in Bahrain

Jackson Tour Promoter Says It’s Owed Up to $30 Million by Estate

Bloomberg Jul 2

Michael Jackson’s concert promoter said it may be owed as much as $30 million for outlays made as the late pop singer prepared for a series of comeback shows in London.

ABB gets $170 mln Bahrain order for substations

MarketWatch Jul 2

ABB, the Zurich power and automation-technology group, received a $170 million order to provide Bahrain's Electricity and Water Authority with 11 electricity substations. The company will design, install and commission the 11 substations and...

Saudi Arabia’s Algosaibi Said to Owe $9.2 Billion

Bloomberg Jun 26

(Update1) Ahmad Hamad Algosaibi & Brothers Co., the Saudi family holding company whose Bahraini bank has defaulted, owes 34.6 billion Saudi riyals ($9.2 billion) to more than 100 banks, two people familiar with the situation said.

Settling Michael Jackson's Estate May Be a Thriller

BusinessWeek Jun 26

Saudi Arabia’s Algosaibi Said to Owe $9.2 Billion to Banks

Bloomberg Jun 25

Ahmad Hamad Algosaibi & Brothers Co., the Saudi family holding company whose Bahraini bank has defaulted, owes 34.6 billion Saudi riyals ($9.2 billion) to more than 100 banks, two people familiar with the situation said.

[$] Central Bank of Bahrain in funds inquiry

Financial Times Jun 19

The Central Bank of Bahrain is investigating Global Investment House, a top Kuwaiti investment bank, over transactions the bank entered into with funds it manages.

PARIS AIR SHOW: Gulf Air does good business at Paris

Flightglobal Jun 18

Gulf Air is making a major splash at Paris in a bid to re-establish itself as a major player in the Middle East and to put its Bahrain airport hub on the map

PARIS AIR SHOW: Gulf Air hands Rolls-Royce big order to power A330s

Flightglobal Jun 15

Gulf Air has selected Rolls-Royce to power an additional 20 Airbus A330s that it is to start receiving in 2012. The Bahrain flag carrier shrugged off...

GE, Bahrain: Shine the light on growth

tradeflow21.com Jun 11

clipped from finance.yahoo.com GE inks $500M in power generation deals in Bahrain The deal reflects the Fairfield, Connecticut-based conglomerate's increased focus on the Middle East, where demand for electrical power is...

GE to Supply Power for Bahrain Project

TheStreet.com Jun 11

GE Energy signed contracts for more than $500 million to supply power generation equipment and services for the largest water and power project in Bahrain, reports say.

GE Energy Signs Contracts Totaling More Than $500 Million in Bahrain

OilVoice Jun 11

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