Saturday 1 August 2015
 
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Khaleeji Commercial profit rises 177pc to $11m

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic bank, has reported an increase of 177 per cent in net profit for the first half at BD4.4 million ($11.67 million), compared with BD1.6 million for the same period last year. The profit fig

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RBS ends plan to sell UAE units to ADCB

Royal Bank of Scotland (RBS) has ended its plan to sell its UAE cash management and trade finance business to Abu Dhabi Commercial Bank (ADCB), sources familiar with the matter said on Monday. The sale would have been one of the l

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Khaleeji Commercial wins STP award from StanChart

Bahrain-based Islamic retail bank Khaleeji Commercial Bank (KHCB) has been given the straight through processing (STP) award by Standard Chartered Bank. The award is given to select banks worldwide that meet stringent criteria whe

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APM appoints new chief commercial officer

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has appointed Sunil Joseph as its chief commercial officer. Prior to joining APM Terminals, Joseph spent more than 18 years in Maersk Line, serving in several senior

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Commercial aviation safety performance unveiled

The International Air Transport Association (Iata) unveiled the preliminary first quarter commercial aviation safety performance data for the year. The preliminary results are subject to revision based on the determination of the

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KHCB executive completes Harvard certification

Khaleeji Commercial Bank (KHCB), a leading Islamic retail bank in Bahrain, has announced the completion of the training of Khalid Turki, the head of corporate banking, in the Harvard Business School Banking and Finance Executive Development Prog

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Khaleeji Commercial in drive to improve communication

Khaleeji Commercial Bank (KHCB) has launched a new internal initiative to improve communication between staff members and top level management. It involves a random selection of employees being invited to have lunch with chief exe

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Online system for licences launched in Bahrain

A new online system that aims to reduce the time required in obtaining commercial registrations and business-associated licences in Bahrain has been launched by Industry and Commerce Minister Zayed Al Zayani. The new system (www.b

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Dafza unveils commercial spaces at Dubai trade show

The Dubai Airport Free Zones (Dafza) is offering exclusive packages for its commercial spaces at the Middle East and North Africa (Mena) region’s leading interior design and architecture trade show, which began in Dubai, UAE, today (May 18

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Irena HQ named top green commercial building

The International Renewable Energy Agency (Irena) headquarters located at Masdar City in Abu Dhabi, UAE, has been named the Green Commercial Building of the Year by the Emirates Green Building Council (EGBC). Irena is an intergove

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