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Tag: Bahrain

Posted on August 29, 2020

F1 confirms alternative track layout for second Bahrain race

Formula One has confirmed the second of this season’s two races in Bahrain will be held on an alternative layout and as a night race.

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Posted on August 28, 2020

AM Best Affirms Credit Ratings of Bahrain Kuwait Insurance Company B.S.C. and Takaful International Company BSC

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, …

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Posted on August 27, 2020

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 …

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Posted on August 27, 2020

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 – …

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Posted on August 27, 2020

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 …

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Posted on August 27, 2020

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 …

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Posted on August 27, 2020

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 …

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Posted on August 27, 2020

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 …

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Posted on August 26, 2020

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.

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Posted on August 26, 2020

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 …

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