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Thimaar millionaire pledges US$100,000 to charity

MANAMA, July 14 -- Dr. Abdulhannan Abdul Hameed Darwish, a Bahraini father of six, pledged to donate US$100,000 to charity after Ithmaar Bank, a Bahrain-based Islamic retail bank, named him the first ... Read More


AFS-Gulf African Bank rolls out 1st Sharia'h compliant credit card in East Africa

Manama, July 9 -- Arab Financial Services (AFS), the MEA region's leading payment solutions provider and FinTech enabler, has partnered with leading Sharia'h compliant bank, Gulf African Bank to deliv... Read More


McLaren showcases sportscar, supercar line-up worth BD23.7m

MANAMA, July 8 -- For the first time McLaren has 'reunited' an example of every model of its modern sportscars and supercars at the luxury maker's global headquarters in Woking, Surrey. The special l... Read More


US-Iran escalation can impact negatively on GCC investors

DUBAI, July 8 -- Tensions between the U.S. and Iran have increased, but S&P Global Ratings has not changed any bank or sovereign ratings or outlooks in the Gulf Cooperation Council (GCC). In a Credit... Read More


Alba records double-digit increase in sales, production in Q2

MANAMA, July 8 -- Aluminium Bahrain B.S.C. (Alba), in line with transforming into the largest smelter in the world with the full ramp-up of Line 6 on 31 July 2019, reported its overall sales' volume a... Read More


Over two third treasurers see a shift in bank to non-bank services

MANAMA, July 8 -- A new research from Finastra has revealed that the market dominance of banks in the delivery of corporate treasury services is under threat from non-bank market entrants. According t... Read More


UAE Exchange Ramadhan Mega Prize changes fortune of a labourer

MANAMA, July 7 -- The mega prize worth $10,000 presented by UAE Exchange to the winner of Ramadhan Promotion has changed the fortune of a labourer who burst into tears of happiness while receiving the... Read More


Commodity markets react positively to US-China talks

MANAMA, July 7 -- Commodities with a few exceptions failed to hold onto the gains that were seen following the G-20 meeting in Osaka. During a holiday-shortened week the market first reacted positivel... Read More


Diyar Al Muharraq supports Bahrain's underwater Theme Park

Manama, July 7 -- Diyar Al Muharraq, one of the leading developers in the Kingdom of Bahrain, has extended its support to the Ministry of Industry, Commerce and Tourism and its continued collaboration... Read More


The ABG President/CE receives a delegation from Future Masters

MANAMA, July 7 -- Mr. Adnan Ahmed Yousif President and Chief Executive of Al Baraka Banking Group B.S.C (ABG), received a delegation from Future Masters for Education, led by Mrs. Rehab Sharif, Secret... Read More