Friday 19 September 2014
 
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GBCorp

GBCorp swings to $14.8m net profit

Global Banking Corporation (GBCorp), a Bahrain based Islamic investment bank, has reported a net profit of $14.835 million in 2013 compared to a net loss of $17 million for the previous year. Net profit after provisions for the fo

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Bahrain bank, UN body plan $50m fund for SMEs

Bahrain-based investment bank GBCORP and the United Nations Development Organisation (Unido) Bahrain have signed a memorandum of understanding that will see the setting up of a $50 million investment fund to support small businesses.

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GBCORP posts $1.8m net profit in Q1

Global Banking Corporation (GBCORP), the Sharia-compliant investment bank, has posted a net profit of $1.785 million for the first quarter of the year against $2.734 million for the same period in 2012. The positive results are du

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GBCorp set for big Islamic fund summit

Global Banking Corporation (GBCorp) said it will take part in the 7th annual World Islamic Funds and Financial Markets Conference (WIFFMC 2011) which opens in Bahrain on Sunday. The two-day conference is being held under the patronage of t

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GBCorp group 'eyeing $2.4bn bid for retailer'

Bahrain's GBCorp is believed to be leading a regional consortium to launch a £1.5 billion ($2.4 billion) bid for retailer Iceland Foods. GBCorp has declined to confirm it was involved in a move for the frozen food chain but a repr

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GBCorp launches Global Executive Offices

Global Banking Corporation (GBCorp), through its subsidiary, Diyafa Holdings Company has launched operations of Global Executive Offices (GEO), the first initiative of Diyafa in the hospitality sector in Bahrain.  A premium serviced-

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GBCorp, Team Pindar discuss maritime projects

A high-level delegation from Bahrain-based Global Banking Corporation (GBCorp) met Andrew Pindar, chairman of Sail Bahrain, a maritime project initiated by His Majesty King Hamad, and discussions several joint initiatives in the Kingdom. A

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GBCorp eyes telco, health, food sectors

Bahrain-based Global Banking Corporation (Gbcorp) is focusing on the global food, health and telecoms sectors for its investments, but also sees the Bahraini real estate market bottoming out, an executive said on Monday. The Islamic invest

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Gredco named development manager for Marsa Al Seef

Global Banking Corporation (GBCorp) has  appointed Global Real Estate Development Company (Gredco) as the development manager in charge of development and marketing of its $2.5 billion Marsa Al Seef project. Marsa Al Seef, claimed to

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GBCORP to take part in Amman WEF

Bahrain-based Global Banking Corporation (GBCORP) will be a second time participant at the World Economic Forum being held at the Dead Sea in Jordan from May 15 to 17. A senior-level delegation led by chief operating officer Monaim Bastak

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