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GFH inks $100m real estate exit deal with Terra

Manama, Feb. 14 -- GFH Financial Group (GFH) announced the signing of a US$100 million real estate divestment as part of its previously announced US$ 1 billion in exits from its existing real estate p... Read More


GCC Financial Forum 2019 backs by leading institutions

Manama, Feb. 14 -- As Bahrain continues to play a pivotal role in the global financial ecosystem, the annual GCC Financial Forum returns to the Kingdom later this month, with leading regional and glob... Read More


Takaful International unveils new identity

MANAMA, Feb. 14 -- Takaful International Company B.S.C. (Takaful), one of the region's pioneering Islamic insurance companies, announced the launch of its new brand identity incorporating a revamped l... Read More


Emirates places order with Airbus worth $16billion

Dubai, UAE, Feb. 14 -- Emirates, the world's largest international airline, signed a contract for 20 additional A380 aircraft and 16 options, firming up the Memorandum of Understanding (MoU) that was ... Read More


Ithmaar Holding, Ithmaar Bank, announces financials for 2018

MANAMA, Feb. 14 -- Ithmaar Holding B.S.C., a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank, both reported prof... Read More


Emirates signs worth $21.4b deal for A330-900s, A350-900s

Dubai, UAE, Feb. 14 -- Emirates airline announced an order for 40 A330-900 aircraft, and 30 A350-900 aircraft, in a heads of agreement signed with Airbus. The deal is worth US$ 21.4 billion at list pr... Read More


Bahrain transforms into a dynamic, thriving economy

MANAMA, Feb. 11 -- The Kingdom of Bahrain in the past one decade has witnessed major strides in economic, investment and infrastructure developments as a part of the Kingdom's efforts to diversify its... Read More


AFS unveils state-of-the-art Android-based POS terminals

Manama, Feb. 11 -- Arab Financial Services (AFS), the MEA region's leading payment solutions provider and FinTech enabler, has installed the first Android-based POS terminals in Bahrain, through its m... Read More


GFH net profit up 11.4per cent to $115million in 2018

Manama, Feb. 11 -- Bahrain-headquartered GFH Financial Group (GFH) reported a consolidated net profit of US$115 million as compared with US$103.19 million from the previous year, an increase of 11.4%,... Read More


Bank ABC reports net profit of $202million in 2018

Manama, Feb. 11 -- Bank ABC (Arab Banking Corporation B.S.C.) reported a consolidated net profit, attributable to the shareholders of the parent, for the year 2018 of US$202 million, 5% higher compare... Read More