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Tag: Bahrain

Posted on February 9, 2025

Al Salam Bank net profit grows 40% to record $156.5m

Maintaining its position as the largest Islamic bank in Bahrain, the group’s balance sheet expanded significantly with total assets growing by 37.2% to $18.73 billion in 2024, from $13.65 billion in …
Posted on February 9, 2025

Arab nations condemn Netanyahu’s call to relocate Gazans to Saudi Arabia

The United Arab Emirates and Bahrain, the first Gulf countries to normalize relations with Israel under the 2020 Abraham Accords, have condemned recent Israeli proposals to relocate Palestinians to Saudi Arabia.
Posted on February 5, 2025

NBB Launches its Sustainable Finance Framework to Advance ESG Commitments

The National Bank of Bahrain (NBB) has unveiled its Sustainable Finance Framework, a comprehensive guide linking the Bank’s financing initiatives to its …
Posted on February 5, 2025

Bahrain: Key deal to develop corporate credit rating system

The aim is to provide accurate and transparent credit ratings for businesses in Bahrain, facilitating faster access to finance for small and medium enterprises (SMEs) and boosting investment …
Posted on February 3, 2025

Batelco to deliver B2B cloud solutions to Bahrain Bourse

Batelco, part of the Beyon Group, has signed a partnership agreement with Bahrain Bourse to provide B2B Cloud Solutions enabling organisations to connect directly with the bourse, and benefit from …
Posted on February 3, 2025

Batelco partners with Bahrain Bourse to deliver B2B cloud solutions for enhanced connectivity and security

Manama, Bahrain: Batelco, part of the Beyon Group, has signed a partnership agreement with Bahrain Bourse to provide B2B Cloud Solutions enabling organisations to connect directly with Bahrain Bourse, …
Posted on February 2, 2025

Jhon Duran plotting 600-MILE commute to avoid living in Saudi Arabia hours after signing £320k a week Al-Nassr contract

JHON DURAN is planning a 600-mile commute from Bahrain to his new Saudi Pro League club Al-Nassr. The Colombia striker completed a £70million move from Aston Villa  at the end of last week —
Posted on February 1, 2025

Bahrain to increase oil revenue contributions to wealth fund

Approved by King Hamad Increased oil contributions Bahrain has approved plans to increase its contribution from its oil revenues to its Future Generations Reserve wealth fund. King Hamad of …
Posted on January 31, 2025

Interview: NBB Group CEO Usman Ahmed talks about future of banking in Bahrain

Fintech is playing a transformative role in expanding financial inclusion and enhancing economic productivity in Bahrain, said Ahmed …
Posted on January 30, 2025

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Solidarity Bahrain B.S.C.

AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Solidarity …

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