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A Special International Report Prepared by The Washington Times Advertising Department - Published on March 21, 2000

Advertisers

Bank of Bahrain and Kuwait B.S.C.

Sheraton Bahrain Hotel

John J. Nowell and Zodiac Publishing

Arab Banking Corporation (B.S.C)

ABC Islamic Bank (E.C.)

First Islamic Investment Bank E.C.

Al-Ahi Bank

Arados Car Hiring

The Bahrain Petroleum Company B.S.C. (Closed)

Abdulla Ahmed Nass Group

Gulf Petrochemical Industries Co. (B.S.C.)

Khazana

Bahrain Tourism Affairs

Le Royal Meridien

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A Special International Report Prepared by The Washington Times
Advertising Department

Written by:
Barbara G. B. Ferguson
Project Director:
Hala Nasreddine

For more information, call
The Washington Times International Advertising Department
at (202) 636-3035
(202) 635-0103 fax
e-mail: natlad@wt.infi.net

Director, International Business Development
Carl Hagen
Production Supervisor:
Jill Koehler
Graphic Designer:
Ann Englehart
Website Design:
Earl Murton Associates, LLC

Leadership is managing market change

Arab Banking Corporation (ABC) is proud to have received the 1999 award as the ‘Best Bank in Bahrain’ from ‘Global Finance’ magazine. This is a clear vindication of ABC’s business strategy which is firmly guided by its operating principles.

ABC values its clients, promotes a strong risk management culture, cultivates teamwork and places a premium on professionalism and integrity.

As a leading international bank, ABC recognises that change in markets and client needs offer exciting challenges and opportunities. ABC is focused, relationship-oriented and committed to strong product and service delivery.

Head Office
ABC Tower · Diplomatic Area · P.O.Box 5698 · Manama · Bahrain
Telephone +973 543000 · Facsimile +973 533163
www.arabbanking.com

Abu Dhabi · Algiers · Amman · Bahrain · Barcelona · Cairo · Casablanca · Frankfurt am Main · Grand Cayman · Hong Kong · Houston · London
Los Angeles · Madrid · Manila · Milan · Monte Carlo · New York · Paris · Rio de Janeiro · Rome · São Paolo · Singapore · Tehran · Tripoli · Tunis

Table of Contents

The Al Khalifa Dynasty - Ruling Bahrain Since 1783

H. H. Shaikh Khalifa Bin Salman Al Khalifa, Prime Minister

Johnny Young, U.S. Ambassador to Bahrain

The most liberal economy in Arab world

Bahrain: The financial hub of the Middle East

About Bahrain

Arab Banking Corporation and Arab Banking Corporation Islamic Bank

A Regional Leader with an International Network

The Growing Years

ABC Islamic Bank E.C.

Islamic banks in Bahrain

First Islamic Bank expects continued growth

The Bankers’ Society of Bahrain

Bank of Bahrain and Kuwait

Al-Ahli Commercial Bank embraces the New Millennium

Bapco - Bahrain's oil industry keeping ahead of the times

Gulf Petrochemical Industries Company

ALBA - Bahrain's Aluminum Industry: Keeping Ahead of the Pack

The Abdulla Ahmed NASS Group

The Dilmun Civilization (3200 - 1600 B.C.)

Dilmun cats - a rare Bahraini breed

Pearls

The Jews of Bahrain

“Management, without creativity, is very sterile”

Le Royal Meridien Bahrain

Bab el Bahrain and the souk

Promoting the land of a thousand smiles

Dhows - Bahrain’s Heritage

Transforming Bahrain’s Sheraton Hotel