Bahrain-based Ahli United Bank (AUB) is rapidly expanding point of sale (POS) acquiring in the kingdom with its hitech systems and terminals and innovative features.
This is to meet the growing needs and expectations of retail chains, hospitality, travel, telecom, utility service
Bahrain Kuwait Insurance (BKIC), part of the Gulf Insurance Group, has decided to adopt a common logo for all the subsidiary companies so as to reflect a unified brand identity across the group companies.
The logo selected for the group, a sea shell, represents strength and stabi
National Bank of Bahrain (NBB) and SIO Asset Management Company (SIOAM) have completed the purchase of The Investment Dar's and associated companies' shareholding of 51.6 per cent in Bahrain Islamic Bank (BisB).
SIO Asset Management is a wholly owned subsidiary and the in
The UAE is the key beneficiary of private capital flow into the GCC region, according to the fourth annual Invesco Middle East Asset Management Study, with capital from emerging markets, most notably from India, Russia and China, overtaking those from developed markets.
Abu Dhabi private equity firm Gulf Capital is close to signing a 1.32 billion dirhams ($359.38 million) Islamic loan for its company Gulf Marine Services (GMS), some of which will be paid out to investors as dividends.
Gulf Marine, the largest operator and owner of jack-up barges
The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the ten members of the Organisation of Arab Petroleum Exporting Countries, said it has registered a net profit of $109 million for 2012, the highest-ever in the organisation’s 37 year history.
Al Baraka Banking Group (ABG) will hold its 34th symposium for the Islamic economy at Hilton Hotel, Jeddah, in July to discuss emerging banking and financial trends.
"I thank ABG chairman Shaikh Saleh Abdullah Kamel, for the adoption, management, financing and direct supervi
Bahrain's real gross domestic product (GDP) is estimated to have expanded 3.9 per cent last year from the 1.9 per cent growth seen in 2011, according to a new report.
Even as the oil sector shrank by around 8.5 per cent in 2012 due to a temporary technical disruption at the c
Deutsche Bank has been named the leading forex (FX) bank in the Middle East with 16.15 per cent of overall market share.
This is attributed to the significant investment Deutsche Bank made in upgrading its pricing and distribution systems as well as the continued focus on providing inn