Fee- and asset-based income go through significant declines as recession bites deep Dubai: Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of …
New jobs hope for laid-off workers in Bahrain
Bahrain – Thousands of migrant workers and Bahrainis who lost … The minister told legislators that 2,331 business establishments with around 35,000 employees have not been affected. He added that 97 …
Bahrain: Fighting money laundering, terrorism financing through transparent banking laws
For Bahrain, fighting Iran’s financing of terror is not simply a battle of ideals waged in the shadows, but also an ongoing campaign for transparency and global stability, the Kingdom’s Ambassador to …
United efforts, focus on needy key for recovery: Bahrain banker
“Bahrain is widely recognised as one of the region’s key … “We also closely monitor general economic changes, as well as changes in the banking and finance industry, as these indirectly affect the …
Uncertainty over Bahrain-Saudi connecting Causeway
Mr Al Rumaihi said the causeway remaining closed posed the biggest challenge to Bahrain’s economy since “we rely so much on Saudi in terms of customers and purchasing power”. The GDN earlier quoted …
Middle Eastern Family Businesses’ main concerns are cash flow and digital transformation- Survey
The survey takes a snapshot of key areas of concern to multi-generational family firms from Algeria, Bahrain, the UAE, Egypt, Jordan, KSA, Kuwait, Lebanon, Morocco, Oman, Qatar, Sudan, Tunisia and …
COVID-19: Bahrain to survey parents on schooling
Options include distance learning and blending class attendance with online education Cairo: Bahrain’s education authorities will soon survey parents of students in government-run schools on options …
Coronavirus: Bahrain reports 297 new Covid-19 cases
The Bahrain health ministry has reported 297 new cases of the Covid-19 coronavirus, along with 328 recoveries. Of the new cases, 132 were among expatriate workers, 163 were contacts of active cases, …
Bahrain voices solidarity with the people of Lebanon
Manama, Aug.4(BNA): The Kingdom of Bahrain expressed its deep regret regarding the horrific explosion that took place today in a warehouse near Port of Beirut, resulting in the death and injury of …
Infosys share rises 1% on order from National Bank of Bahrain
National Bank of Bahrain and Infosys Finacle announced the bank’s decision to adopt the Finacle Cash Management Suite to digitally transform its transaction banking business.