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GFH shareholders give a nod to pay 6.2 per cent cash dividend for 2023

Manama, March 26 -- Shareholders of GFH Financial Group approved the payment of cash dividend of 6.2 per cent for the financial year of 2023. The came as GFH Group announced the successful conclusion... Read More


BisB shareholders approve financials for 2023; elects a new board

Manama, March 26 -- With an overwhelming majority of over 90 per cent the Bahrain Islamic Bank (BisB) shareholders have approved the financials for the year 2023 during an Ordinary General Meeting, he... Read More


Minister inaugurates Bahrain's 2nd largest solar project

MANAMA, March 11 -- The Kingdom of Bahrain on Monday achieved yet another milestone in alternative clean renewable energy with the opening of second largest solar power project with capacity of 9milli... Read More


Max Verstappen wins F1 Gulf Air Bahrain Grand Prix 2024

BIC, Al Sakhir, March 2 -- Max Verstappen made a magnificent victory in an historic and record-breaking Formula 1 Gulf Air Bahrain Grand Prix 2024 on Saturday. This year's race marked Kingdom of Bahr... Read More


Zain Bahrain bolsters 4G network coverage with new LTE 900 Layer

Manama, March 2 -- Zain Bahrain, a leading telecommunications provider in the Kingdom, is proud to announce that it has commenced a further nationwide upgrade of its 4G network with LTE 900 technology... Read More


Gulf Hotels' Group reports a net profit of BD6.8million for 2023

Manama, Feb. 22 -- Gulf Hotels Group (GHG) has reported a net profit of BD 6.786 million for the year 2023, compared to BD 6.669 million in the same period of the previous year, with an increase of 1.... Read More


Bahraini Islamic finance industry well-developed: Fitch Ratings.

MANAMA, Feb. 22 -- With 90 per cent of Sukuk Rated B+, the Bahraini Islamic finance industry is well-developed, according to Fitch Ratings. Fitch Ratings expects continued growth in 2024-2025, driven... Read More


Infracrop eyes more sustainable projects in MENA, South Asia

Manama, Feb. 22 -- Infracrop, with an estimated US$3 billion asset portfolio of its sustainable projects across the MENA and South Asia regions, will continue to bolster its project portfolio in 2024 ... Read More


Infracorp net profit up 38per cent to US$45.5million for 2023

Manama, Feb. 22 -- Infracorp B.S.C has reported a net profit of USD 45.5 million for the year ended 31st December 2023, compared with USD 33 million in 2022, an increase of 38 per cent, thanks to sust... Read More


GFH income surpasses 24per cent, net profit up 14per cent in 2023

Manama, Feb. 13 -- GFH Financial Group B.S.C (GFH) has reported a net profit of $102.86million for the year 2023, an increase of 13.97 per cent over the previous year. The Group has reported a surge i... Read More