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Ithmaar Bank announces fast-track Murabaha transactions

MANAMA, April 6 -- Ithmaar Bank, a Bahrain-based Islamic retail bank, has signed an agreement with the Bahrain Bourse allowing the Bank to utilise the Ijara Sukuks issued by the Central Bank of Bahrai... Read More


Bahrain reports 1047 record number of COVID-19 cases

MANAMA, April 6 -- The Kingdom of Bahrain has detected 1047 new COVID-19 infections on Sunday as result of tests carried out by the Ministry Health. Out of 18112 COVID-19 tests carried out on April 4... Read More


GFH shareholders approve US$42million dividend

Manama, April 6 -- The shareholders of GFH Financial Group, which held its Annual (AGM) and Extraordinary General Meeting (EGM), held virtually,, approved the payment of total dividend of US$42million... Read More


Zain Group publishes its 10th annual sustainability report

Manama, April 5 -- Zain Group, the leading mobile telecom innovator in seven markets across the Middle East and Africa, has published its consecutive 10th annual sustainability report, titled 'The Ten... Read More


HRH Prince Khalifa bin Salman Al Khalifa Scholarship opens

Manama, April 5 -- AlMabarrah AlKhalifia Foundation announced the launch of a new scholarship in honor of His Royal Highness the late Prince Khalifa bin Salman Al Khalifa, may he rest in peace, as par... Read More


Gulf Air starts flights to Singapore

Manama, April 5 -- Gulf Air celebrated its new direct service to and from Singapore which was operated by the airline's flagship Boeing 787-9 Dreamliner. Flight GF165 landed in Singapore Changi Airpor... Read More


Manama Internet Exchange witnesses booming data volumes

Manama, April 5 -- Manama Internet Exchange (Manama-IX), the Bahrain based Internet peering service provider, has witnessed booming data volumes over the past year. The traffic is primarily driven by ... Read More


IIFM new standards to enhance global issuance of Sukuk

Manama, April 5 -- The International Islamic Financial Market (IIFM) announced the publication of its Perpetual Sukuk Al Mudarabah Tier 1 Standard Documentation Templates. The suite of standardized do... Read More


Al Baraka Islamic Bank launches the "Danat Al Baraka" Project

Manama, April 5 -- Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, announced the launch of the "Danat Al Baraka" project in Janusan, o... Read More


Citizens' account for 70per cent of infections; 91 per cent spread due to partying

Manama, April 4 -- With Citizens account for 70per cent of new infections of the COVID-19, the contact tracing mechanism revealed that gatherings are one of the main reasons of transmission in Bahrain... Read More