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AlB-Bahrain inks agreement with Eazy Financial Services

Manama, July 28 -- Al Baraka Islamic Bank (AIB-Bahrain), has signed an agent bank agreement whereas AIB-Bahrain shall operate and acts as a clearing house on behalf of "eazyNet." Eazy is an establish... Read More


King Abdullah Medical City project is on the right track

Manama, July 27 -- Dr Khalid bin Abdulrahman Al Ohaly, President of the Arabian Gulf University (AGU) said the construction of King Abdullah bin Abdulaziz Medical City was progressing as planned with ... Read More


Noor Investment Group sold Islamic insurance entities

Dubai, UAE, July 27 -- International Law Firm Clifford Chance advised Noor Investment Group in relation to the 100% sale of the shares of both Noor Takaful General PJSC and Noor Takaful Family PJSC to... Read More


Gulf Air to start Kuwait flights from August 1st

Manama, July 27 -- Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it will resume its direct flights to and from Kuwait with scheduled operations starting from 1 August 2020. ... Read More


AlMabarrah AlKhalifia Foundation inks MoU with British University of Bahrain

Manama, July 27 -- AlMabarrah AlKhalifia Foundation announced the signing of a memorandum of understanding (MoU) with British University of Bahrain to provide scholarships for students in Bahrain. Th... Read More


Alba reports $43.6m loss of in Q2, up 392 per cent

Manama, July 27 -- With global consumption of aluminum is down by 9% Year-over-Year, Aluminium Bahrain B.S.C. (Alba), has reported a loss of BD16.4 million (US$43.6 million) for the second quarter of ... Read More


NBB-ThinkSmart joins hands for Forsati Project

Manama, July 27 -- The National bank of Bahrain (NBB) and ThinkSmart, a leading ICT provider in the region, have joined hands to collaborate on a special project aimed at grooming the Kingdom's future... Read More


Bahrain imports down 8 percent to BD1.168b in Q2

Manama, July 27 -- The value of imports decreased by 8 per cent reaching BD1.168 billion during second quarter of 2020 compared to BD1.267 billion for the same quarter the previous year. The top 10 c... Read More


Bahrain: COVID-19 death tally reaches 139; 289 new cases

Manama, July 26 -- Bahrain's total deaths from the COVID-19 surged to 139 as of afternoon on Sunday, 26th, July 2020. Out of 8581 COVID-19 tests carried out on 25 July 2020, 289 new cases have been d... Read More


Arab Bank Group reports net profit of $152.1m

Manama, July 26 -- Arab Bank Group reported net income after tax of $ 152.1 million for the first half of 2020 as compared to $453.2 million for the prior period, recording a drop of 66%. The fall in... Read More