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Tag: Bahrain

Posted on May 1, 2022

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 …

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Posted on April 30, 2022

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 …

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Posted on April 29, 2022

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, …

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Posted on April 24, 2022

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 …

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Posted on April 23, 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 …

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Posted on April 23, 2022

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 …

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Posted on April 23, 2022

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 …

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Posted on April 22, 2022

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).

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Posted on April 17, 2022

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 …

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Posted on April 16, 2022

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 …

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