An affiliate of Bahrain-based investment firm Arcapita defaulted on a $19 million loan tied to a senior living facility north of Atlanta, triggering foreclosure proceedings.
Conrad Hotels & Resorts debuts in Bahrain
Conrad Bahrain Financial Harbour has opened, signifying the debut of Hilton’s global luxury hotel brand in Bahrain.
Al Dur closes $1.2bn refinance facility for Bahrain power project
Al Dur Power & Water Company, one of the largest power generation and water desalination companies in the Kingdom of Bahrain, today (May 26) announced the successful closure of a $1.2 billion …
SICO named Bahrain’s “Best Investment Bank” and “Best Bank for Diversity & Inclusion”
Commenting on these two significant awards, SICO Group CEO, Najla Al Shirawi, said, “This is a very proud moment for SICO because we are not only being recognized for our achievements on the …
Russia’s Nornickel to build platinum group metals refinery in Bahrain
Russian palladium and platinum producer Nornickel is planning to develop a platinum group metals (PGMs) refinery in Bahrain, reported Reuters, citing a source familiar with the matter. Details have …
Russia’s Nornickel to build platinum group metals refinery in Bahrain
Russian palladium and platinum producer Nornickel is planning to develop a platinum group metals (PGMs) refinery in Bahrain, reported Reuters, citing a source familiar with the matter. Details have …
Middle East: Country category winners 2024 – Bahrain
Mashreq has solidified its position as a leading corporate bank in Bahrain this year. The bank advised on the government’s debut $1.5 billion syndicated loan and managed a $1 billion sukuk issuance …
Bahrain’s most transformed Islamic bank: Bank ABC Islamic
Bank ABC Islamic wins Bahrain’s most transformed Islamic bank in recognition of its three-year growth strategy.
Mastercard (MA) Expands Footprint in Bahrain With stc pay
Mastercard Incorporated MA recently partnered with the only comprehensive mobile wallet in Bahrain for all forms of digital financial transactions —stc pay. This partnership is aimed at launching …
stc pay and Mastercard launch Bahrain’s first World Prepaid Card with premium benefits
stc pay has partnered with Mastercard to launch the first Mastercard World prepaid card in the Kingdom. The stc pay Mastercard Elite card is available exclusively through stc pay. According to stc, …