The Central Bank of Bahrain has set new rules governing crowdfunding-based … In March, the UAE cabinet approved the use of crowdfunding in the public and private sectors to finance new projects, …
Finance, oil and gas, manufacturing top 3 sectors in Bahrain
The top three sectors with the largest contribution to Bahrain’s GDP were finance and insurance, followed by crude oil and natural gas, and manufacturing, according to a report. The report, titled …
Kuwait Finance House – Bahrain Announces Mr. Abdulla Faisal Al Shayji as the Grand Prize Winner of the ‘Installments on Us’ Campaign
Kuwait Finance House – Bahrain announced Mr. Abdulla Faisal Al Shayji as the grand prize winner of the ‘Installments on Us’ campaign. The grand prize is …
Our nation’s banks and financial entities must step up to the challenge of financial literacy
Gulf countries such as the United Arab Emirates, Bahrain, and Kuwait feature financial inclusion rates close to 80 percent, while they do not exceed 25 percent in Yemen, Djibouti, Sudan, Mauritania, …
Kuwait Finance House – Bahrain Announces the Libshara Grand Prize Winner for March 2022
Kuwait Finance House – Bahrain (KFH – Bahrain) announced Ms. Fatima Mohammedzafar Soleja as the grand prize winner of $100,000 for Libshara’s March 2022 …
Bahrain to rebuild savings used for Covid pandemic by capitalising on the increasing demand for oil: report
Soaring crude prices are generating a windfall that is allowing the Gulf region’s most vulnerable economies to rebuild finances, pay down debt, and raise spending Bahrain to rebuild savings used for …
Exposure draft on Islamic financial institutions issued in Bahrain
The exposure draft was approved respectively by the AAOIFI Governance and Ethics Board (AGEB) and the technical committee of IFSB, after a rigorous joint effort by both primary standard-setting …
Moody’s revises Bahrain’s rating to stable on high oil prices and government reform
The large increase in oil prices since early 2021 and Moody’s expectation that oil prices will remain elevated for the next few years improve the outlook for the sovereign’s fi …
UAE grants open banking licence to Tarabut Gateway
Tarabut Gateway, a Bahrain-based open banking platform, has been granted a licence to provide payment services to and from the Dubai International Finance Centre (DIFC).
Kuwait Finance House – Bahrain Wins ‘Best Islamic Bank in Bahrain’ Award at EMEA Finance Awards
Kuwait Finance House–Bahrain won the ‘Best Islamic Bank in Bahrain’ award from EMEA Finance, an international financial magazine headquartered in London …