Manama: Ithmaar Bank, a Bahrain-based Islamic retail bank, reported profits for the first quarter of the year as it announced its financial results for the three-month period ended March 31. Ithmaar Bank’s financial results show a net profit attributa…
Manama: The Central Bank of Bahrain (CBB) has announced that the monthly issue of its short-term Islamic leasing (Ijara) Sukuk has been oversubscribed by 258%. The total subscriptions reached BD 67.134 million for a BD 26 million issue, which has a ma…
Manama: Bahrain’s stock market indices saw an uptick as the Bahrain All Share Index closed at 1,902.67 points, reflecting an increase of 10.40 points from its previous closing. This rise was attributed to positive performances in the communication ser…
Manama: The Bahrain Garden Club celebrated the winners of its annual competitions in a special ceremony. The event concluded with the honouring of winners across categories, including best home garden design, most beautiful home-grown plants, environm…
Manama: Bahrain All Share Index has closed at 1,892.26 points, marking a decrease of 8.88 points below the previous closing. This decline was attributed to a drop in both the financial and material sectors.
According to Bahrain News Agency, the Bahra…
Manama: The Central Bank of Bahrain (CBB) has announced that its latest issuance of the 2-year Government Development Bond has been oversubscribed by a significant margin of 308%. This reflects substantial investor interest and confidence in the finan…
Manama: Bahrain All Share Index has closed at 1,901.50 points, marking an increase of 13.97 points above the previous closing. This rise was attributed to growth in the communications service sector, the consumer discretionary sector, the financial se…
Manama: Bahrain All Share Index has closed at 1,887.53 points, marking a decrease of 4.96 points below the previous closing. This decrease was due to a drop in the communications service sector, the industrial sector, and the material sector.
Accordi…
Manama: Bahrain All Share Index has closed at 1,892.49 points, marking a decrease of 2.61 points below the previous closing. This decrease was attributed to the drop experienced in the industrial and material sectors.
According to Bahrain News Agency…
Manama: The Bahrain Institute of Banking and Finance (BIBF) has launched a new e-learning platform to help banking professionals in Bahrain stay up to date with regulations on Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), a…