Bahrain PM visits bapco stand at GIF

Bapco stand at GIF 2016 visited by Prime Minister

Prime Minister Prince Khalifa bin Salman Al Khalifa visited last week the Bahrain Petroleum Company (Bapco's) stand at the Gulf Industry Fair (GIF) 2016, which was held under his patronage at the Bahrain International Exhibition and Conference Centre.
He was received by Bapco's Chairman Shaikh Mohammed bin Khalifa bin Ahmed Al Khalifa. Also present were senior officials from the oil and gas sector in the Kingdom and members of Bapco's management.
Shaikh Mohammed briefed the premier on Bapco's latest developments and the new brand recently launched by the company. The premier hailed Shaikh Mohammed's valued support to Bapco's operations in meeting the aspired goals of the Kingdom.
LuLu international exchange inaugurates its eighth branch
LuLu International Exchange, the leading remittance and foreign exchange company in Bahrain, commenced operations of its eighth outlet in Salmaniya on Sunday.
Adeeb Ahamed, Executive Director, LuLu International Exchange BSC (C) inaugurated the new branch in the presence of Ram Singh, first secretary, embassy of India, and other dignitaries. LuLu International Exchange has over the years emerged as a preferred exchange house providing top-quality worldwide remittance and foreign exchange services to a cross-section of society, powered by a large network, reputed partners and high standard of customer care.
The exchange has partnered with internationally renowned and trusted money transfer service providers to guarantee that the client's hard-earned money reaches its destination in the fastest and the most secure way possible. The exchange house caters to markets across the world and has direct online remittance arrangements to India, Bangladesh, Sri Lanka, Nepal, Philippines, Indonesia and others.
BBK lead sponsor of GCC financial forum
The fifth annual GCC Financial Forum will take place on from February 23 to 24 in the new Four Seasons Hotel in Bahrain. The forum will gather 500 C-suite delegates to analyse the changing dynamics of global and regional financial services. This year, in light of the sustained fall in oil prices, the event will be an important platform for delegates to hear from experts and policy makers.
BBK are a lead sponsor for the forum which will see A.Karim Bucheery, CE of BBK, take to the stage along with Khalid Al Rumaihi, Chief Executive, Bahrain Economic Development Board, Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain and Mahmood Hashim Al Kooheji, Chief Executive Officer, Mumtalakat.
KFH signs $94 million deal
Kuwait Finance House's (KFH) Bahraini unit has signed a deal with King Faisal Corniche Development Company to provide $94 million finance for its upcoming Bahrain Avenues Mall.
The project, a major retail and tourism destination, is being developed by King Faisal Corniche Development Company on a 265,000sqm area at Bahrain Bay in Manama.
A first-of-its-kind project in Bahrain in terms of its designs and varied activities, the Avenues-Bahrain is likely to be completed within a period of 12 months. The agreement was signed by KFH-Bahrain managing director and chief executive Abdul Hakeem Al Khayyat and Mabanee Company chief executive Waleed Al Sherian.
 

• MENA