Abu Dhabi: China launched a pilot programme allowing certain insurance companies to invest in gold as part of their medium to long-term asset allocation strategies. This initiative aims to expand the avenues through which insurance funds can be used, …
Manama: Bahrain All Share Index has closed at 1,875.27 points, marking a decrease of 4.22 points below the previous closing. The decline in the index was primarily attributed to the performance of the material sector.
According to Bahrain News Agency…
Manama: In a forward step towards its ambitious decarbonisation goals, Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on a single site, is embarking on a pilot programme for an electric, battery-powered Aluminium Fluoride (AlF3…
Manama: The Bahrain All Share Index has closed at 1,873.73 points, marking a decrease of 18.12 points below the previous closing. This decrease was due to a drop in the financial sector and the materials sector.
According to Bahrain News Agency, the…
MANAMA: Batelco, part of the Beyon Group, and Ericsson have announced the expansion of Batelco’s mobile broadband network with a focus on enhancing 5G and 4G capabilities by strengthening network coverage and capacity across Bahrain. This expansion hi…
Dubai: Arcapita Group Holdings Limited (‘Arcapita’), a global alternative investment firm, in collaboration with DSV, a leading global logistics company, has announced the development of a cutting-edge, 30,000 square meter build-to-suit warehouse loca…
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 563%. This significant level of interest resulted in subscriptions amounting to BD 146.496 millio…
Manama: BENEFIT has achieved a significant milestone by obtaining the ISO 37301:2021 compliance certification from the British Standards Institution (BSI), making it the first organization in the Kingdom of Bahrain to receive this recognition.
Accord…
Manama: Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, announced the successful distribution of cash dividend distributions during the year 2024, amounting to BD 364.67 million. Of this amount, BD 360.75 million was distributed under the ‘…
Manama: Bahrain All Share Index has closed at 1,891.85 points, marking an increase of 1.74 points above the previous closing. This rise was primarily driven by gains in the material sector.
According to Bahrain News Agency, the Bahrain Islamic Index…