Wednesday 1 April 2015
 
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Financial, administrative violations drop 25pc in Bahrain

The incidence of financial and administrative violations have dropped 25 per cent last year in Bahrain compared with 2013, according to the latest Financial Audit Bureau report. The gross violations reported to the Public Prosecut

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Emirates NBD bond may signal more euro issues from Gulf

More borrowers from the Gulf are likely to sell euro-denominated bonds after this week saw the first such benchmark issue by a Gulf financial institution in at least nine years, bankers say. Emirates NBD (ENBD), Dubai's larges

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Islamic State ‘must keep expanding to survive’: report

International investigators have said that in order for the Islamic State to remain financially viable it would have to further expand territory it controls in Iraq and Syria and take over more resources. The Paris-based Financial

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Citi Bahrain banks Euromoney GCC Financial Forum

Citi Bahrain was one of the exhibitor sponsors of the Euromoney GCC Financial Forum which recently concluded in Bahrain. The forum was co-hosted by the Bahrain Economic Development Board (EDB) and held for the fourth consecutive y

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New GFH plan ‘much healthier and stronger’

GFH has restructured its balance sheet with both its cash and equity position much healthier and stronger now than it was before the financial crisis, according to the chairman of the Bahrain-based Islamic investment bank. "I

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Major GCC financial forum opens in Bahrain

Euromoney Conferences, organisers of the fourth GCC Financial Forum, announced yesterday (February 23) that two top banks, the National Bank of Bahrain (NBB), Bank of Bahrain and Kuwait (BBK) and the Oil and Gas Holding Company (nogaholding) hav

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75pc UAE finance workers focus on increased competition

About 75 per cent of board members and senior managers at UAE financial services organisations are most concerned about increased competition over the next 12 months, according to a recent study. The study published by Collinson G

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New financial guide for UK expats unveiled

The Expat Network, a specialist information resource for those going to work and live abroad, has published the ‘Financial Action Checklist for British Expatriates,’ a fully updated guide. The guide provides informatio

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Key financial system helps avoid budget overspending

Bahrain’s Finance Ministry has said its Central Financial System (CFS) enables the avoidance of spending that exceeds allocated budgets. In a statement, the ministry said other benefits of the system include cost savings, av

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Bahrain to host Euromoney GCC Financial Forum

Bahrain is gearing up to host the fourth GCC Financial Forum, that will provide a platform to debate and discuss the global economic outlook, its recovering and its effects on regional financial markets. Organised by Euromoney Con

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