The Social Insurance Organisation (SIO) has launched a new development company, Amlak, to manage the long-term sustainable growth of its real estate portfolio.
Amlak, a subsidiary of the SIO, will focus on maintaining optimal risk
Bahrain Islamic Bank (BisB) is looking towards rebounding to profitability and growth in a short time, following the strategic stake acquisition by National Bank of Bahrain and Social Insurance Organisation (SIO), a senior official said.
The least pension paid to the retired from the public and private sectors in Bahrain starting August 28 will be BD275 ($730), which includes the newly launched BD75 monthly allowance, said a senior official.
This would be an increase from
Bahrain's Social Insurance Organisation (SIO) has posted a remarkable turnaround in its financial results with a profit of BD34 million last year compared to a BD126 million loss in 2008.
SIO is the government body, which handles pensi
Bahrain's Social Insurance Organisation (SIO) is to set up a company to manage its assets worth BD3 billion ($8 billion), it has been revealed.
The new asset management company will be supervised by the Central Bank of Bahrain (CBB), s
BBK, one of the largest retail banks in Bahrain, is pushing ahead with a major expansion strategy that will see it expand overseas, launch its own Islamic bank and move into equity investment.
The bank is undergoing a strategic transformat
The total assets of Bahrain's Social Insurance Organisation's (SIO) are now valued at BD3 billion ($8 billion), it was revealed.
The assets mark investments from both the General Organisation for Social Insurance (Gosi) and the Pens