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Bahrain Bourse to implement GICS for listed companies

Manama, March 1 -- Bahrain Bourse on Monday unveiled its plans to adopt the Global Industry Classification Standard (GICS) for the listed companies effective 11th July, 2021. The step is in line with... Read More


The24X7News partners with AFE Annual Conference 2021

Manama, March 1 -- The24X7News (www.twentyfoursevennews.com), an award winning and the first digital newspaper based in the Kingdom of Bahrain, has inked a media partnership with the organizers of the... Read More


ABG reports net income of US$67million; total assets $28billion

Manama, Feb. 25 -- Al Baraka Banking Group BSC (ABG), a Bahrain headquartered leading Islamic banking multinational, achieved a net income of US$ 67 million in 2020, attributable to equity holders of ... Read More


GFH acquires a US logistic facility for $135million

Manama, Feb. 25 -- GFH Financial Group (GFH) has acquired a mission-critical distribution facility in Chicago, Illinois, for $135million. The facility has been leased since November 2015 to a blue ch... Read More


Zain Group generates $5.3billion revenues; net profit of $605 million

Kuwait, Feb. 25 -- Zain Group has generated $5.3billion revenues and a net profit of $605 million as per the Group"s consolidated financial results for the full-year 2020, and the fourth quarter endin... Read More


Ithmaar Bank honours 36 long-serving employees, reports 97% Bahrainisation

MANAMA, Feb. 23 -- Ithmaar Bank, a Bahrain-based Islamic retail bank, recognised 36 employees, including 35 Bahrainis, for their contributions to the bank's ongoing success. They were presented with c... Read More


FinHub 973 Platform is set to transform Bahrain's financial sector

Manama, Feb. 23 -- FinHub 973, MENA region's first cross-border digital innovation platform, is set to transform the financial services sector of the Kingdom of Bahrain. FinHub 973 connects and facil... Read More


FinHub 973 Platform is set transform Bahrain's financial sector

Manama, Feb. 23 -- FinHub 973, MENA region's first cross-border digital innovation platform, is set to transform the financial services sector of the Kingdom of Bahrain. FinHub 973 connects and facil... Read More


Jewellery Arabia 2021 to be held under the patronage of HRH Crown Prince and PM

Manama, Feb. 21 -- The upcoming edition of Jewellery Arabia, the Middle East's premier jewellery and watch exhibition, will be held under the patronage of His Royal Highness Prince Salman bin Hamad Al... Read More


Ithmaar Bank continues to focus on stable, customer-centric growth

MANAMA, Feb. 21 -- Ithmaar Bank B.S.C. (Closed), a Bahrain-based Islamic retail bank, said it continues to focus on customer-centric growth and on becoming the Islamic retail bank of choice as it anno... Read More