Friday 31 March 2017
 
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Bahrain

FinTech forum highlights need for innovative solutions

Banking and financial technology (FinTech) experts yesterday highlighted the need to implement innovative banking solutions at a key forum in Bahrain. Bankers, regulators and FinTech experts from around the world had a very successful m

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Bahrain's value of imports reach $883.2m in Feb

Bahrain’s value of imports reached nearly BD333 million ($883.2 million) in February this year, while the value of national origin exports reached BD177 million ($469.5 million). The top 10 countries accounted for 64 per cen

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Ithmaar shareholders review 2016 performance

Ithmaar Holding (formerly Ithmaar Bank) shareholders praised the transformation witnessed in 2016 with the successful completion of a major reorganisation as well as a complete turnaround in Ithmaar’s financial performance.

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GCC rail project delayed over 'technical problems'

The multibillion-dollar GCC railway project, a long-distance network connecting the six GCC states, is likely to be delayed because of infrastructural and technical problems, reported Kuwait times, citing a senior official.

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Cineco reports $12.92m profit

Bahrain Cinema Company (Cineco), market leader in the entertainment industry in Bahrain, reported a net profit of BD4.87 million ($12.92 million) for the financial year ended December 31, 2016. The results were announced by the ch

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Bipex 2017 to draw top regional, global property firms

Bahrain International Property Exhibition (Bipex) will be back much stronger and better this year in October with several leading developers and real estate companies from across the region besides major players from the UK, Asia, Turkey and Bos

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Batelco AGM approves $110.3m dividend

The annual general meeting (AGM) of Batelco Group, the Bahrain-based telecommunications group with operations across 14 countries, today approved a full year cash dividend of BD41.6 million ($110.3 million), at a value of 25 fils per share, fo

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Shop Bahrain honours its partners

The organizing committee of the Bahrain Shopping Festival ‘Shop Bahrain’ held an appreciation ceremony on March 28 for their stakeholders and partners. The appreciation dinner was held at the Four Seasons Bahrain Bay,

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Bahrain’s business climate 'to woo more foreign investors'

Bahrain’s burgeoning business environment continues to create foreign investment opportunities, despite the knock-on effect of an uncertain globally economy, said Servcorp, a leading provider of serviced offices and business package soluti

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Turkey welcomed over 41,000 tourists from Bahrain

Bahraini nationals traveling to Turkey in 2016 reached 41,505 tourists, according to new figures released by the Turkish Consulate General Cultural and Information Office in Dubai. The figures show a 27 per cent increase in touris

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