AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Bahrain Kuwait Insurance Company B.S.C. (gig-Bahrain) and its subsidiary, …
Bank of Bahrain and Kuwait and Ithmaar Holdings to discuss acquisition plans
Bank of Bahrain and Kuwait (BBK), one of the largest commercial banks in the kingdom, has entered into initial talks with Ithmaar Holding to acquire the Bahrain operations of Ithmaar Bank. The bank …
Bahrain Islamic Bank Wins Award for ‘Best Corporate Social Responsible Bank Bahrain’ and ‘Most Innovative Retail Bank Product Bahrain’
Bahrain Islamic Bank (BisB) announced that it has recently emerged as the winner of the prestigious awards for ‘Best Corporate Social Responsible Bank – …
BBK in talks to acquire Ithmaar Bank Bahrain ops
The acquisition will includes specific assets of IB Capital, a wholly-owned subsidiary of Ithmaar Holding, said an Ithmaar statement. The plans, which are subject to shareholder and regulatory …
Coronavirus: Bahrain reports 317 Covid-19 cases, 376 recoveries
The Bahrain health ministry has reported 317 new cases of the Covid-19 coronavirus, along with 376 recoveries.Of the new cases, 116 were among expatriate workers, 201 were contacts of active cases.No …
Bahrain’s Texel Air welcomes world’s first Boeing 737-700 FlexCombi
The aircraft, which will be based in Bahrain, is unique in its ability to be configured in seven different ways for multiple purposes in a 48-hour time frame Bahrain – Texel Air, a private airline and …
Pompeo adds visit to Oman to Middle East, Africa tour
US secretary of state to stop in Muscat in tour aimed at building off Israel-UAE normalization agreement; meetings in Sudan and Bahrain do not yield breakthroughs …
Bahrain rejects US push to normalise relations with Israel
In talks with US Secretary of State Pompeo, King Hamad says Bahrain is committed to the creation of a Palestinian state.
Steps sought to speed up digital transformation in Bahrain
MANAMA: Bahrain needs to develop legislative infrastructure to speed up digital transformation in e-commerce, the country’s main association of business owners has said. In its latest report on the …
Steps sought to speed up digital transformation in Bahrain
MANAMA: Bahrain needs to develop legislative infrastructure to speed up digital transformation in e-commerce, the country’s main association of business owners has said. In its latest report on the …