Monday 25 June 2018

SICO equity funds win top Mena grading

Bahrain-based regional investment bank Securities and Investment Company (SICO) said all five of its equity funds received the highest grading in the Mena region from Standard & Poor's Capital IQ. In its 12-month review co


Moody's downgrades NIG

Moody's Investors Service has downgraded to B3 with a stable outlook from B2 with a negative outlook the Corporate Family Rating (CFR) and Probability of Default Rating (PDR) of National Industries Group Holding (NIG), as well as the instrumen


Pearl, gem testing unit opens in Bahrain

A state-of-the-art pearl and gem testing and grading laboratory was opened in the Kingdom of Bahrain on Monday. The new specialised centre is ranked among the best of its kind, Industry and Commerce Minister Dr Hassan Fakhro said after ope


DWC phase 3 grading work over

The grading work on the third phase of Dubai World Central (DWC) has been completed at a cost of Dh159 million ($43.3 million). The progress at the 140 square kilometre multi-phase development under construction in Jebel Ali will enable co

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