National Bank of Bahrain CEO Jean Christophe Durand said that traditional banking branches will have little room to expand in the aftermath of the pandemic …
Travel firms across Bahrain expect heavy losses
79% of those covered in the survey stated that travel and tourism activities was the main source of income to the business owner. Travel agents in Bahrain anticipate more financial losses in the next …
Vande Bharat flight with 176 Indians departs from Bahrain
An Air India flight under Vande Bharat Mission departed from Bahrain with 176 stranded Indians for Chennai on Monday.
BisB, Bahrain Bourse ink deal for new Murabaha financing service
As part of its commitment to positioning Bahrain as the regional fintech hub and global capital of the Islamic economy, Bahrain Islamic Bank (BisB) has signed an agreement with Bahrain Bourse for a …
Bahrain attracts $942m FDI in 2019
Globally, WIR 2020 found that FDI flows totalled $1.540 trillion, representing 1.76 per cent of global GDP. Bahrain surpassed the global average performance with FDI accounting for 2.45 per cent of …
Bahrain attracts $942mln FDI
MANAMA: Bahrain attracted nearly $1 billion in foreign direct investment (FDI) last year, marking the third successive year of record inflows, shows a new report. The latest World Investment Report …
Flat6Labs Bahrain Launches Fifth Cycle
Flat6Labs Bahrain has officially begun the fifth cycle of its acceleration programme in the Kingdom. Eight startups have been selected …
COVID-19: Bahrain announces 434 new coronavirus cases
Another 434 people have tested positive for the novel coronavirus in Bahrain, following 7,379 new COVID-19 tests done the past 24 hours, the kingdom’s Ministry of Health announced on Monday. The …
Bahrain-based Garmco launches major green initiative
MANAMA: Gulf Aluminium Rolling Mill Company (Garmco) – a Bahrain-based international aluminium rolling mill, and one of the largest downstream facilities in the Middle East – has embarked on a …
BisB Signs an Agreement With Bahrain Bourse for Its Newly Launched Murabaha Financing Digital Service
Bahrain Islamic Bank (BisB) has signed an agreement with Bahrain Bourse for a Murabaha Financing framework using a Shari’a complaint lending service, with the underlying being Ijara Sukuk provided by …