Wednesday 22 October 2014
 
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implementation

Basel III revision 'to boost Islamic finance industry'

The Islamic Financial Services Board’s (IFSB) revised capital requirements for Bassel III could help strengthen the Islamic finance industry, according to a recent Standard & Poor's Ratings Services report. The repor

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Bahrain steel giant ropes in Tata Consultancy

SULB, the region’s first fully integrated steel sections and beams producer, said it has signed up Tata Consultancy Services (TCS), the global software giant from India, for the implementation of SAP software and business warehousing solutions at

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Working group to study BICI report

A top working group of ministers and senior government officials will meet today to discuss the implementation of the Bahrain Independent Commission of Inquiry's (BICI) recommendations. His Royal Highness Prime Minister Prince Khalifa bin

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Ithmaar leads IBAN compliance

Bahrain-based Ithmaar Bank has urged its customers to start using their International Bank Account Numbers (IBAN) ahead of its scheduled compulsory implementation from January 31, 2012. In line with Central Bank of Bahrain (CBB) directives

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MEA brings 100pc baggage reconciliation to Lebanon

Middle East Airlines has announced the implementation of the first-ever integrated baggage management system in Lebanon. The new system is being provided by aviation IT specialist SITA. The system will reduce the level of mishandled baggag

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