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Arbah Capital acquires $43m US assests

MANAMA, Sept. 29 -- Arbah Capital has acquired a $43m diversified high income producing portfolio of five assets in the growing industrial sector in the United States, with prominent tenants such as T... Read More


FLS brings one-stop-shop UK education services solutions

Bahrain, Sept. 27 -- UK educational landscape offers immense opportunities in post COVID-19 era was addressed by Dr Trevor Bolton, EX Vice Pro Chancellor, Anglia Ruskin University and Governor of the ... Read More


Bahrain issues a stark warning for reckless violations of the COVID-19 health guidelines

Manama, Sept. 23 -- As the numbers of the COVID-19 contact to active cases upward trends have been sustaining for the past many days, the authorities have issued a stark warning on Wednesday urging pe... Read More


No admin fees, interest for loans deferment, says CBB

Manama, Sept. 22 -- The Central Bank of Bahrain (CBB) on Tuesday in a statement said there should be no administrative fees for loan installment postponement for three months till the year end. This ... Read More


Bahrain detects 713 new COVID-19 cases; 52 patients in a critical condition

Manama, Sept. 22 -- The Ministry of Health has confirmed 713 new COVID-19 cases and reporting three more deaths from the virus in the past 24 hours taking the total death tally to 224 as of Monday. T... Read More


Tatweer Petroleum inks JSA with Eni for offshore block 2

Manama, Sept. 20 -- Tatweer Petroleum has signed a joint study agreement (JSA) with Italian company Eni for Offshore Block 2. The agreement, was part of Tatweer's mission to explore and develop the o... Read More


Al Baraka seeks replacement of its wholesale banking business to category 1 Investment Firm

Manama, Sept. 20 -- The Board of Directors of Al Baraka Banking Group B.S.C. (ABG / the Group) resolved to initiate the process of converting the current license of its parent company in Bahrain from ... Read More


Bahrain reports 620 new COVID-19 cases; 519 are contacts of active cases

Manama, Sept. 20 -- The Kingdom of Bahrain on Saturday has announced 620 new COVID-19 cases and among them 519 new cases were contacts of active cases. Out of 10531 COVID-19 tests carried out on 19 S... Read More


IIFM board discusses developments in the Islamic finance industry

Manama, Sept. 19 -- The Board of Directors of the International Islamic Financial Market (IIFM) held its forty-second meeting "virtually" and was chaired by the Khalid Hamad Al-Hamad, Chairman of IIFM... Read More


ABG joins forces with Bahrain Bourse, CBB to offer Sukuk based Murabaha Facility

Manama, Sept. 19 -- Bahrain-headquartered Islamic banking major, Al Baraka Banking Group (ABG), as part of its strategy to offer a wide range of services and investment channels for its clientele, has... Read More