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Tag: Bahrain

Posted on June 22, 2020

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 …

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Posted on June 22, 2020

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 …

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Posted on June 22, 2020

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 …

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Posted on June 22, 2020

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 …

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Posted on June 22, 2020

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 …

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Posted on June 22, 2020

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 …

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Posted on June 22, 2020

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 …

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Posted on June 22, 2020

Vande Bharat mission flight with 181 Indians departs from Bahrain for Thiruvananthapuram

Manama [Bahrain], June 21 (ANI): An Air India special flight under Vande Bharat Mission departed from Bahrain for Thiruvananthapuram via Kozhikode with 181 stranded Indians on Sunday.

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Posted on June 21, 2020

Ithmaar Bank opens new branch in Bahrain

Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced the opening of a new branch in Hamad Town, effectively relocating the Bank’s Al Hamalah branch to a new, better and more accessible …

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Posted on June 21, 2020

Qatari Emir’s brother tried to spy on Qatar, Bahrain, Dubai royals: US lawsuit

Thani, the brother of Qatar’s Emir Sheikh Tamim, tried to force his staff to spy on members of the Qatari and other Gulf royal families, according to a new lawsuit. The explosive lawsuit, filed …

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