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Bahrain's tourism sector emerges a major contributor to the GDP

MANAMA, April 13 -- The tourism sector has emerged as one of the key contributors to the Kingdom of Bahrain's economy. The contribution of tourism sector to the GDP surpassed 6 per cent in 2018 compar... Read More


Ithmaar's initiative to bolster employees' compliance, regulatory capabilities

MANAMA, April 13 -- Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a pioneering new employee training and compliance programme initiative aimed at bolstering compliance with regulator... Read More


Ithmaar Holding sponsors Bahrain Bourse's "Smart Investor" Programme

MANAMA, April 10 -- Bahrain Bourse has announced Ithmaar Holding, a Bahrain-based Islamic financial institution, as a Silver Sponsor for the "Smart Investor" Programme in its 2nd edition for the acade... Read More


Bahrain: foreign investments up 5.5percent to BD11billion

MANAMA, April 10 -- The Kingdom of Bahrain's inward foreign investments up 5.5% to BD11 billion in 2018, announces by the Information and eGovernment Authority (iGA). The figures were released the in... Read More


Instant debit cards issuance now across all Ithmaar Bank branches

MANAMA, April 8 -- Customers at Ithmaar Bank, a Bahrain-based Islamic retail Bank, can now instantly collect their debit cards. This service, introduced as part of Ithmaar Bank's customer-centric stra... Read More


Bank ABC shareholders approve the payment of $93m cash dividend

MANAMA, March 26 -- The shareholders of the Bank ABC have approved the payment of cash dividend of $92.93million for the year 2018. Dr Khalid Kawan, Group CEO Bank ABC told a Press conference held at... Read More


Solidarity Bahrain shareholders approve the financials for 2018

MANAMA, March 26 -- Solidarity Bahrain B.S.C., one of the largest insurance companies in the Kingdom of Bahrain, a subsidiary of Solidarity Group Holding, held its Annual General Assembly Meeting (AGM... Read More


1st prototype carbon fibre chassis delivered by BD25m MPC

LONDON/MANAMA, March 26 -- The first prototype carbon fibre Monocell, the tub that forms the main structure of McLaren's car produced by McLaren Automotive has been shipped from the company's new appr... Read More


Bahrain Duty Free upbeat of good business in 2019, says Chairman

Business MANAMA, March 26 -- Bahrain Duty Free Shop Complex (DUTYF) is positive on steady growth in line with the good results achieved in the first quarter of 2019, says Farouk Y. Al Moayyed the Boar... Read More


Major real estate deals show renewed confidence of investors

UAE, Dubai, March 25 -- The 2019 has witnessed a number of significant real estate transactions in the GCC with the latest AED 289 million sale of Al Murjan, a residential tower in Abu Dhabi, showcasi... Read More