Saturday 26 July 2014

Conference to be held at Burjeel hospital

Nearly 100 international healthcare experts and pioneers will attend a conference on minimally invasive surgery and natural orifice transluminal endoscopic surgery (Notes), which is to begin on May 24 in Abu Dhabi. The two-day con


Mumtalakat ratings affirmed by Fitch

Fitch Ratings has affirmed Bahrain Mumtalakat Holding Company's (Mumtalakat) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at BBB. Fitch also affirmed Mumtalakat's Short-Term IDR at F3, while the outlook on the Long-Te


Fitch ratings boost for $750m Mumtalakat notes

Fitch Ratings has assigned Bahrain Mumtalakat Holding Company's $750 million, five per cent notes, due on June 30, 2015, a final senior unsecured rating of 'A'. The programme's final rating follows a review of its final ter


GIB notes get ‘A’ Fitch rating

Fitch Ratings has assigned Bahrain-based Gulf International Bank's (GIB) SR3.5 billion ($933 million) unsecured unsubordinated floating-rate notes due in April 2015 a long-term 'A' rating. The issue was launched through the bank's Riyadh b


UGB's $1bn EMTN notes get negative outlook

Moody's has given Baa3 and Ba1 ratings to Bahrain-based United Gulf Bank's (UGB) senior unsecured and subordinated notes to be issued under $1 billion Euro Medium-Term Note (EMTN) Programme. The ratings of the notes carry a negat


Dubai delays $4bn notes issue over credit crunch

Dubai, the Gulf's trade hub, has suspended a tranche of a Dh15 billion ($4.08 billion) notes programme intended to fund development projects due to the credit crisis, a senior policy-maker said on Saturday. While the first Dh6.5 billio

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