Thursday 2 May 2024
 
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upbeat

CEOs upbeat over global economy prospects

Optimism among chief executives about the prospects for the global economy is good news for Bahrain, an analyst has said. According to KPMG Fakhro in Bahrain partner and head of advisory Narayanan Ramachandran, a strong outlook in the rest of

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Bahrain hotels to see soaring Eid holiday windfall

Bahrain’s hoteliers are upbeat about the Eid Al Fitr holiday windfall. Initial signs look more than promising as tourism experts and owners of hotels say that the rates of occupancy will soar, which will benefit the hospital

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Managed services outlook ‘upbeat’ in the UAE

The outlook for the UAE’s managed services industry remains bright, with average growth expected in the double-digit level this year and the coming years, according to STME, a leading solutions provider and systems integrator in the Middle

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Arig upbeat on insurance profit growth

Bahrain-based Arab Insurance Group (Arig) said positive stock markets have given a solid start to the year but slowing economic growth, sluggish demand in insurance classes and a low interest rate will continue to challenge shareholders' expec

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Asry upbeat despite market challenges

This year will be a pivotal one for Arab shipbuilding repair yard (Asry), said its chairman Shaikh Daij bin Salman Al Khalifa in the company's annual report. 'We are entering our 35th year of operation and nearing the successful co

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GCC firms 'upbeat, setting higher 2010 targets'

The corporate resilience in the Gulf region throughout 2009 has set the scene for an aggressive economic rebound in the year ahead with several firms setting higher revenue targets for 2010, according to a new study. The survey c

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AlMoayyed upbeat on revival of IT projects

Baharain-based AlMoayyed Computers said it is focusing more on collaborative banking solutions to revive the confidence of banks and financial institutions that are on the lookout for robust, cost-effective  IT solutions in the wake of o

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Qatar realty sector 'to put up good show'

Amid economic slowdown, Qatar’s real estate market is expected to continue its strong position regionally into 2009, according to a recently published report by property services leader Asteco. Citing opportunity cost as a key decision-mak

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MBS upbeat on PEB sector growth

Mammut Building Systems (MBS) said it has captured 25 to 30 per cent share of the pre-engineered buildings (PEB) market in Qatar and was confident of further growth in the sector. MBS is part of the Mammut Group, a leading enterprise and t

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Global stocks upbeat on US bailout hopes

World stocks began the final quarter of 2008 on an upbeat note on Wednesday as hopes grew that US lawmakers could reach agreement to revive a $700 billion bailout, but money markets remained stressed. The US Senate will vote later on a new

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