Altaira Wealth Management, the Swiss headquartered wealth manager, is pleased to announce the launch of its Bahrain-based subsidiary, Altaira Middle East BSC ©.
Based in Geneva, Switzerland, Altaira Wealth Management offers wealth management services to family offices and high net worth individuals. In addition, Altaira offers proprietary investment solutions via a Luxembourg-based fund structure: Altaira Funds. That platform includes proprietary UCITS approved funds crafted in partnership with a group of “strategic alliance partners”. Altaira’s investment solutions include Shariah-compliant investment options.
Manama, Economic Development Board (EDB): The Seventh Spring of Culture Festival celebrates a rich and diverse programme this year with more than 35 events, over one third of which are geared for family entertainment. Through its slogan this year “Embrace the Experience”, it aims to cater to various tastes by organizing cultural seminars, poetry evenings, and regional, international and local art shows including song, music, theatre, dance, and visual arts.
Thinspace and Mantech Computers today announced an exclusive partnership that promises to accelerate the deployment of Cloud Client computing technology to enterprise customers in the Kingdom of Bahrain. The Partnership also targets the whole of the GCC region.
Despite the global economic crisis and the challenging period for Bahrain in 2011, the Kingdom of Bahrain continued to secure significant foreign investment throughout the year, with a significant number of businesses setting up in the Kingdom through the direct outreach activities carried out by the Economic Development Board (EDB).
Last year saw the EDB attract nearly twenty international businesses from around the globe and bring approximately US$300 million dollars of investments in to the country, whilst the number of financial services businesses with Central Bank of Bahrain (CBB) licenses rose from 401 to 414. Furthermore, the Kingdom’s economy grew approximately 2% last year, despite the global economic and regional challenges, and is forecast to expand at around 4% in 2012.
Manama, Economic Development Board, 29 January 2012: Notz, Stucki & Cie S.A., the Geneva-based asset management firm, today announced that it had selected Bahrain as the location for its regional office for the Middle East. The Notz Stucki Group is one of the largest independent asset management companies in Europe, with $7.5 billion of assets under management.
Manama, Economic Development Board: Nineteen public relation officials and practitioners have completed their graduation from an advanced international diploma in public relations that was spearheaded by the Economic Development Board (EDB) and the Bahrain Institute for Public Administration (BIPA) in collaboration with international Pinnacle International.
24 January 2012, Manama: A Bahrain delegation including His Excellency Rasheed Al Maraj, Governor of the Central Bank of Bahrain, His Excellency Kamal bin Ahmed Mohammed, Minister of Cabinet Affairs, His Excellency Shaikh Mohammed bin Essa Al Khalifa, Chief Executive of the Kingdom’s Economic Development Board (EDB) and Talal Al Zain, Chief Executive Officer of Bahrain Mumtalakat Holding Company, will arrive in Davos-Klosters, Switzerland, today for the World Economic Forum (WEF) Annual Meeting.
19 January 2012, Manama: The Bahrain Economic Development Board (EDB) is pleased to announce that AeroThrust Holdings LLC, USA has formally concluded a joint venture agreement with Bahraini partners to establish AeroThrust Gulf Aviation Services W.L.L in Bahrain. This follows a proactive outreach and consultation process by the EDB to support the decision to invest in Bahrain, as well as continuing support around the registration process. The announcement was made today at the second Bahrain International Airshow, and the Bahrain Civil Aviation Authority (BCAA) has also declared its support for the venture.
15 January 2012, Manama: Bahrain remains the MENA region’s most economically free country, according to the annual Index of Economic Freedom published by The Heritage Foundation and Wall Street Journal, and the only MENA country to score in the top 20. Ranked 12th out of 184 economies worldwide, Bahrain’s economic freedom score of 75.2 is well above the world average.
Manama, Wednesday 30 November 2011: Bahrain’s Reload Consulting Services WLL (Reload Consulting), which specialises in digital information security services, today signed agreements with global Indian Information Technology (IT) companies Secure Matrix and Prism Informatics Ltd at EDB , which will pave the way for the provision of leading information security services and IT solutions in Bahrain and across the region.