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Tag: Bahrain

Posted on November 15, 2022

Bahrain: Alba reaches financial close for PS5 Block 4 Project

Aluminium Bahrain (Alba), one of the world’s largest aluminium smelters … for the first time in Alba’s history, to finance Block 4 of PS5 and we trust that this transaction will pave the way for …
Posted on November 14, 2022

Bahrain: Sico 9M attributable net profit drops 23% to $7.5mln

Our investment banking team successfully closed the cross-border acquisition of 100% of Ahli United Bank by Kuwait Finance House as the Bahrain receiving agent, execution advisor, and cross-listing …
Posted on November 14, 2022

Bahrain attracts US$72.7 million worth of investment in financial services

Bahrain’s investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore Fintech Festival (2-4 November) with the aim to support …
Posted on November 13, 2022

Capital Partners buys 16-property portfolio for $249M

Edina-based Capital Partners teamed up with Bahrain-based alternative investment firm Investcorp to buy 16 properties across the Twin Cities for $249 million, the Minneapolis/St. Paul Business Journal …

( read original story …)



Posted on November 13, 2022

Results arrive in Bahrain poll held without opposition

Six candidates including one woman won seats in a first phase of Bahrain’s parliamentary election, while others will compete for the remaining 34 seats in the main event next week, authorities …
Posted on November 13, 2022

KPMG in Bahrain delivers Waqf Fund’s ‘Compliance Head Grooming program’ for Compliance Leaders in Bahrain

KPMG in Bahrain, in support of the Central Bank of Bahrain’s (CBB) Waqf Fund, delivered a training program to the senior compliance officers of Bahraini …
Posted on November 12, 2022

Government websites attacked as Bahrain holds parliamentary polls

Screenshots taken by internet users showed a picture after the hack claiming it was carried out by a previously unknown account called Al-Toufan, or “The Flood” in Arabic.
Posted on November 12, 2022

Bahrain’s GFH third-quarter profit rises on global investments and funds

GFH Financial Group, an investment bank based in Bahrain, reported a 3.3 per cent rise in its third-quarter profit helped by higher income from global investments and funds, as the company continues …
Posted on November 12, 2022

Bahrain – Sovereign Ratings Affirmed with a Stable Outlook

Rating Action

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Bahrain’s Long-Term Foreign …

Posted on November 12, 2022

Bahrain’s freight players take growth steps

Boeing freighters sporting DHL’s distinctive yellow and red paint scheme are an unmistakable and familiar sight at Bahrain International. The German logistics and parcels carrier – which has had a …

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