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Godolphin trainer to take over doping-hit stableGodolphin trainer Saeed bin Suroor is taking over a training licence at the doping scandal-hit Moulton Paddocks operation temporarily until a new trainer is appointed, the racing stable said on Thursday. "The role is in addit More… |
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Bahrain real estate sector 'bottomed out'The real estate sector in Bahrain has ‘bottomed out’ in terms of rental rates and sale prices during the first quarter, and it is also clear that huge pent-up demand is waiting to cash in on the Bahrain upturn – when it happens More… |
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Bahrain residential market 'picks up'The activity in the residential market across Bahrain picked up during the fourth quarter with the apartment and villa rental rates registering solid growth, while secondary market sales continue to show modest gains, said a report. Lea More… |
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Batelco gets Fitch stable outlookBahrain's leading telecommunications company Batelco said Fitch Ratings has affirmed its long-term foreign currency Issuer Default Rating (IDR) at 'BBB-' with a stable outlook. The rating reflects Batelco's leading More… |
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Oman residential market seen stableThe overall economic picture is bright in the Omani residential market with the value of property traded in the first five months increasing by 59.7 per cent compared to the same period last year, according to a report. There is a More… |
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Saudi banking sector outlook stableThe outlook for Saudi's banking system remains stable as the Kingdom's economic activity and credit growth gets supported by the positive effects of high government spending and increased private-sector business activity, according to Mo More… |
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Etisalat gets Fitch stable outlookFitch Ratings has affirmed UAE-based state-owned Emirates Telecommunications Corporation's (Etisalat) long-term foreign currency Issuer Default Rating (IDR) at 'A+' with a stable outlook. The IDR reflects the expectation that Etisalat's ma More… |
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Qatar apartment, office rents stableThe rental rates for prime residential apartments and offices in Qatar remained relatively static during the first quarter, however secondary locations experienced downward pressure, said a report. The stability has been more apparent with More… |
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Opec 'seeking stable world oil price'Opec is seeking a balance in world oil prices, but political instability rather than production issues are affecting the market price, Iraqi Oil Minister Abdul Kareem Luaibi said. Brent crude slipped around $1 yesterday after Iran agreed t More… |
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Oman residential market stableThe rental values for residential apartments in Oman have stabilised to a large extent after the significant falls from its peak in 2008 with the expatriate community dominating the leasing market, according to a report. There is a signifi More… |
