Wednesday 26 November 2014

NBB wins award for BFSI excellence

National Bank of Bahrain (NBB) has won Computer News Middle East's information and communications technology (ICT) Achievement Award in the banking, financial services and institutions (BFSI) category for the entire Middle East region. The awards recognise regional excellence


BHB, BIBF in new investment awareness drive

Bahrain Bourse (BHB) and Bahrain Institute of Banking and Finance (BIBF) are set to jointly launch an initiative aimed at increasing the awareness of the public about the basics of investment, it was announced yesterday. Under the initiative monthly training sessions will be orga


Arig wins reinsurer of the year award

Bahrain-based reinsurance firm Arab Insurance Group (Arig) has won the 'reinsurer of the year' award at the inaugural Middle East Insurance Industry Awards held in Dubai. The awards programme was organised by the Middle East Insurance Review industry magazine, said a rep


Bahrain Polytechnic in software deal with Microsoft

Bahrain Polytechnic and Microsoft have signed an agreement that will enable the academic institution to acquire Microsoft software in a cost-effective way. Bahrain Polytechnic's acting chief executive Dr Mohamed Al Aseeri said through the Microsoft Volume Licensing Enrolment


Bahrain’s financial sector ‘competitive’

The competitive environment of the financial sector in Bahrain was highlighted at a key event in Europe last week. Economic Development Board chief economist Dr Jarmo Kotilaine, who delivered a keynote address at the annual Frankfurt Euro Finance Week 2014, said due to its role f


Abraaj raises offer price for Bisco Misr

The UAE-based Abraaj Investment Management has increased the price it is offering shareholders of Bisco Misr to buy the Egyptian company, Abraaj said in a statement. Abraaj is now offering E£79.10 ($11.06) a share for a total purchase price of E£909.65 million, it sai


Lebanon’s revenues to hit $10.6bn in 2014

Lebanon’s public revenues are likely to hit L£16 trillion ($10.6 billion) in 2014, posting double-digit growth from L£14.2 trillion ($9.2 billion) last year, said a report. The rise in revenues is also seen swinging the country’s primary balance, which exc


Dubai event to help SMEs get into global arena

Getting local businesses into the premier league and helping them compete with state-of-the-art economic insights and market data will form the agenda for an upcoming event for small and medium enterprises (SMEs) in Dubai, UAE. SME Beyond Borders - Global Models for Success will


GFH backs global Islamic summit

Gulf Finance House (GFH) has announced its platinum sponsorship of the 21st Annual World Islamic Banking Conference (WIBC 2014) to be held in Bahrain next month. For the second year running, GFH will lend its support to the Islamic summit held under the patronage of HRH Prime Min


BIBF named best education service provider

Bahrain Institute of Banking and Finance (BIBF) was named Educational Service Provider of the Year at the Gala Awards Presentation Night of the inaugural Middle East Insurance Awards in Dubai as part of the Middle East Insurance Review. More than 200 entries competed for the awar

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