ASB Biodiesel, a joint venture between Al Salam Bank-Bahrain and a group of Gulf-based financial institutions, has launched its new $165 million waste-to-biodiesel plant in Hong Kong.
A dynamic, diversified and differentiated Isla
Bahraini retail lender BMI said its board members have reached an agreement with Al Salam Bank-Bahrain, a dynamic, diversified and differentiated Islamic bank, to merge the two entities through a share swap deal.
Women in the workplace, particularly in the banking sector, continue to be dismally represented, especially in more senior roles, said a top official.
Al Salam Bank chairwoman and inJAz Bahrain executive director Shaikha Hessa bin
The boards of BMI Bank and Al Salam Bank Bahrain have reached an in-principle agreement to proceed with discussions for a merger, which will create the third largest bank in the kingdom, said a joint statement by the banks.
Bahrain-based Al Salam Bank said it has acquired equity stake in two brand new Boeing 777-300 ER for offering on a12-year-long renewable term lease to Dubai national carrier Emirates.
This is Al Salam's third investment in avi
Al Salam Bank Bahrain has acquired an equity stake in a new Boeing 777-300 ER on long-term lease to Emirates Airlines, which comes as part of the bank's objectives to diversify its investment portfolio.
Al Salam Bank Bahrain has identified
Bahrain Islamic Bank and Al Salam Bank said on Thursday that merger talks between both lenders to form a banking giant collapsed due to disagreement on pricing.
Both banks had said in July they initiated talks to form the kingdom's la
Bahrain's central bank has urged five Islamic banks to merge early next year as it seeks to strengthen the banks' capital bases, a senior official said on Sunday.
Under the plan, Al Salam Bank would merge with Bahrain Islamic Bank,
Bahrain Islamic Bank and Al Salam Bank have named KPMG Fakhro as advisor after receiving approval from the central bank for their planned merger, Al Salam Bank said in a statement on the Bahrain bourse late Tuesday.
The two banks said they