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 …
Bahrain Specialist Hospital Provides Special Offers to Kuwait Finance House – Bahrain Card Holders
Kuwait Finance House–Bahrain announced the signing of a Memorandum of Understanding with the Bahrain Specialist Hospital Kuwait Finance House–Bahrain announced the signing of a Memorandum of …
AC Milan is the target of sale talks with Bahrain-based Investcorp
Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to purchase Serie A club AC Milan, sources said on Friday, in what would be the first takeover of a top Italian team by …
AP Source: Bahrain-based investor in talks to buy AC Milan
A Bahrain-based private equity firm is in exclusive talks to buy seven-time European champion AC Milan and become the Italian league’s first Middle East investor, a person with knowledge of the …
AP Source: Bahrain-based investor in talks to buy AC Milan
A Bahrain-based private equity firm is in exclusive talks to buy seven-time European champion AC Milan and become the Italian league’s first Middle East investor, a person with knowledge of the …
AC Milan sale: Bahrain’s Investcorp in exclusive talks to buy storied Serie A club, per report
As reported by Reuters on Friday, Bahrain-based Investcorp has entered into ‘exclusivity talks’ to purchase Italian club AC Milan from Elliott Management Corporation, the current owners of the club.