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Latest Bahrain Banking News

  • Into the great unknown 12 May 2008 02:30 GMT
    ... at the recent Takaful 08 conference in Bahrain expressed concern that other widely used Islamic ... moving towards a common set of standards. Banks and other finance providers need to ensure ... Daniel Stanton is the editor of Arabian Banking & Finance. ...

  • Shamil Bank Unveils New Real Estate Fund 11 May 2008 23:30 GMT
    ... of growth to investors. Launched by the Bahrain-based Shamil Bank along with its two other ... investment period. Giovanni Perin, head of investment banking at Geneva-based Faisal Private Bank, said that Fund ...

  • Markets get week off to sluggish start 11 May 2008 14:37 GMT
    ... Qatar and UAE indexes all fell as banks and developers drag on main indexes. (Getty Images) ... week on Sunday with Saudi Arabia and Bahrain the only two benchmarks to end the ...

  • Emaar Middle East launches Al Nada, the first residential village in Al Khobar Lakes 11 May 2008 14:12 GMT
    ... and Abu Hadria Street which connects to Bahrain, Al Khobar, Dammam and Riyadh. Al Khobar ... Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in ...

  • Anticipation Grows for Mina Al Fajer Resort Ahead of Property Show 11 May 2008 14:12 GMT
    ... Dhabi investors are believed to compose a large share of the company’s flagship project. Banking on its previous successes in Dubai, Qatar, Bahrain and most recently in Kuwait, Mina Al Fajer’s participation in Cityscape Abu Dhabi is ...

  • Fujairah on the spotlight in Cityscape Abu Dhabi 11 May 2008 12:27 GMT
    ... Dhabi investors are believed to compose a large share of the company’s flagship project. Banking on its previous successes in Dubai, Qatar, Bahrain and most recently in Kuwait, Mina Al Fajer’s participation in Cityscape Abu Dhabi is ...

  • KIPCO wins Deal of the Year' award for sale of Wataniya Telecom 11 May 2008 11:09 GMT
    ... The award ceremony - made by the leading British financial services magazine ‘The Banker’ – took place at the Ritz Carlton Hotel in Bahrain. The award was in recognition of KIPCO’s sale of Wataniya in March last year ...

  • Islamic Bank of Asia sees shift in investor attitudes 11 May 2008 10:48 GMT
    ... (GCC) investors, Muslim and non-Muslim, for Islamic banking products, as they seek new investment opportunities. IB ... explanation of the Holy Qu’ran) based in Bahrain. He adds: 'More investors – whether affected ...

  • At a glance 11 May 2008 08:16 GMT
    ... Raceway (egg-shaped oval, 1.366 miles, 25 degrees banking in turns 1-2, 23 degrees in turns 3-4). ... Herman Tilke, who also designed the Sepang, Bahrain and Shanghai circuits. The cars run counterclockwise. ...

  • Global Expands in Egypt Acquires two Leading Financial Companies 11 May 2008 08:15 GMT
    ... including branches and representative offices in Saudi, Bahrain, Qatar, Dubai, Abu Dhabi, Yemen, Jordan, Sudan ... receive the same high quality of investment banking services, which our regional investors have come to ...

  • mirabaud forecasts increased foreign investment in gulf hedge funds 11 May 2008 08:15 GMT
    ... particularly hedge funds, are the perfect example. Bahrain leads the region with 57 funds worth ... clients, Mirabaud offers tailor-made services in private banking, institutional asset management and fund management, and ...

  • GCC defends dollar peg, single currency deadline 11 May 2008 08:15 GMT
    ... Gulf states except Kuwait compel their central banks to track the US Federal Reserve - ... which also includes Kuwait, Saudi Arabia, Oman, Bahrain and the UAE. "The schedule [for currency ... He said GCC finance ministers and central bankers would meet to review the 2010 currency ...

  • Fitch upgrades Bank Muscat's individual rating 'B/C' 11 May 2008 07:41 GMT
    ... and is active in retail and commercial banking, investment banking, treasury and asset management. It ... 49% stake in Bank Muscat International in Bahrain, a branch in Riyadh, Saudi Arabia and ...

  • GCC rules out revaluation, peg to stay 11 May 2008 06:17 GMT
    ... Gulf states except Kuwait compel their central banks to track the US Federal Reserve -- ... which also includes Kuwait, Saudi Arabia, Oman, Bahrain and the United Arab Emirates. "The schedule ... He said GCC finance ministers and central bankers would meet to review the 2010 currency ...

  • Al Balagh campaign gets Doha Islamic's backing 11 May 2008 01:10 GMT
    ... Prophet Campaign Reporter DOHA Islamic, the Islamic banking arm of Doha Bank, has donated to Al ... Auditing Organisation for Islamic Financial Institutions in Bahrain, Doha Islamic said. Doha Islamic said its ...

  • Global Banking Ties Up With US Company 11 May 2008 01:10 GMT
    ... MANAMA, 11 May 2008 — Bahrain-based Global Banking Corporation (GBCORP) has has joined hands with a Washington-based investment banking firm Taylor-DeJongh (TDJ) paving ...

  • gbcorp sets up an energy subsidiary company in strategic partnership with taylor-dejongh (tdj) 10 May 2008 19:00 GMT
    ... Global Banking Corporation B.S.C (c) (GBCORP) announced today the establishment ... Corporation B.S.C (c) (GBCORP), started operations in Bahrain in June 2007 with an authorized capital ...

  • Fitch upgrades Bank Muscat rating 10 May 2008 17:12 GMT
    ... and is active in retail and commercial banking, investment banking, treasury and asset management. It ... cent stake in Bank Muscat International in Bahrain, a branch in Riyadh, Saudi Arabia and ...

  • Americans score poorly in survey 10 May 2008 15:02 GMT
    ... they have closed ANB Financial National Association banks after discovering "unsafe and unsound" business practices there. ... officials in the Persian Gulf country of Bahrain. The lawsuit filed Tuesday in U.S. District ...

  • GBCORP sets up an energy subsidiary company in strategic partnership withTaylor-Dejongh 10 May 2008 11:46 GMT
    ... energy industry specialists, Washington DC based investment banking firm Taylor-DeJongh (TDJ). Ahmed Al Khan, Head of ... Corporation B.S.C (c) (GBCORP), started operations in Bahrain in June 2007 with an authorized capital ...

  • Fitch upgrades Bank Muscat's individual rating to 'B/C' 10 May 2008 11:33 GMT
    ... and is active in retail and commercial banking, investment banking, treasury and asset management. It ... 49% stake in Bank Muscat International in Bahrain, a branch in Riyadh, Saudi Arabia and ...

  • NRKs Feel the Pinch of Rising Rupee 10 May 2008 00:15 GMT
    ... The recent strikes by Kerala workers in Bahrain and UAE, the study says, are pointers ... behind the growth in deposits of commercial banks in the state, came down for the first ...

  • BusinessCast May 9, 2008 9 May 2008 15:13 GMT
    ... Causeway to be built between Qatar and Bahrain... Arabian Hotel Investment Conference hears of future ... is new name for Abu Dhabi bourse... Banks made poor financial decisions according to credit crunch ...

  • Research and Markets: New report gives a unique insight into Greece's … 9 May 2008 13:29 GMT
    ... gives a unique insight into Greece's commercial banking industry (M2 PressWIRE Via Acquire Media NewsEdge) ... surveyed with official figures, sourced from central banks and regulators. In most cases, we were ... Latvia, Lithuania, Romania, Russia, Serbia, Slovenia, Peru, Bahrain, Iran and Nigeria. Deposits also rose by ...

  • The Bahrain Insurance Report Provides Independent Forecasts and Competitive Intelligence on Bahrain's Insurance Industry 9 May 2008 09:12 GMT
    ... ( ) has announced the addition of "Bahrain Insurance Report Q1 2008" to their offering. ... a regional financial hub, with a well-developed banking sector. Inflation is low and the pegged currency ...


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