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We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.
The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.
The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.
The proposed Bahrain-headquartered bank will serve financial institutions, payment companies and cross-border businesses, and needs final authorization before it can start regulated activities.
The independent advisor will assess Bahrain Clear's operations, regulatory frameworks, governance and technology and produce a prioritized roadmap for its post-trade services.
The proposed Bahrain-headquartered bank will serve financial institutions, payment companies and cross-border businesses, and needs final authorization before it can start regulated activities.
Outstanding loans to Bahrain's resident sectors rose 7.8% to BD13.6 billion at the end of August, and retail bank private sector deposits rose 8% to about BD14.6 billion, the Central Bank of Bahrain's board was told.
The Central Bank of the UAE kept its base rate at 3.9% on Wednesday after the US Federal Reserve held rates, while Qatar, Bahrain and Kuwait also left borrowing costs unchanged.
Bank of Bahrain and Kuwait said nine-month net profit attributable to shareholders rose 8.8% to BD61.5 million, while third-quarter profit rose 6.1% to BD19 million.
Bahrain-based Islamic lender Ithmaar Bank has appointed Nada Kazerooni, a banker with more than 25 years of treasury and capital markets experience, to lead its financial institutions and treasury function.
National Bank of Bahrain Group said it executed Bahrain's first sustainable collateralized murabaha, a Sharia-compliant financing valued at more than $50 million.
The Bahrain Association of Banks warned that a parliamentary proposal to cut the minimum monthly credit card repayment from 5% to 2.5% could leave borrowers in debt for longer and raise their total interest costs.
Bahrain's GFH Bank has exited its Saber Power Investments offering, delivering cumulative net cash distributions of about $173.5 million and a combined net return of more than three times the money invested, the bank said.
Kuwait Finance House Bahrain (KFH-Bahrain) has executed an $85 million Commodity Murabaha financing facility for Çayırhan Enerji, backing the Turkish company's acquisition of the...