Monday 25 May 2015
 
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Arab Banking Corp finances key jet leasing transaction

Bahrain-based Arab Banking Corporation (ABC) has provided a financing facility to Oman Brunei Aviation Leasing Company (OBALC). The facility is for the purchase of two new B737-900ER aircraft leased to Oman Air, said a report in the Gulf Daily News (GDN), our sister publ

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Sustainability in investing discussed at Bahrain event

Major trends and issues relating to sustainability in investing and Islamic finance and sukuk came up for discussion at a key event in Bahrain. Organised by CFA Institute and CFA Society Bahrain, the fourth of a series of regional seminars for investment and financial professiona

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Bahrain-Germany trade increases by $48m

Bahrain-Germany bilateral trade increased by about $48 million during the first four months of the year, Bahrain Chamber of Commerce and Industry (BCCI) chief executive Nabeel Al Mahmood has said. Speaking on the sidelines of the "German Breakfast and Catalogue Show" at

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Bahrain workshop to focus on liquidity risk

The General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella of Islamic financial institutions, has announced it is holding a technical workshop on liquidity risk management next month. The workshop is scheduled to be held at the Four Seasons Hotel

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BIBF-DinarStandard to launch key programme

Bahrain Institute of Banking and Finance (BIBF), in partnership with DinarStandard, is launching the world's first training programme on the Convergence of the Halal Market Economy and Islamic Capital next month. The course is scheduled to be held on June 7 and 8 at BIBF, sai

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Gap between rich and poor 'is widening'

The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying social fabric - it's also dramatically holding back economic growth, according to a new global study. Far from a rising tide lifting all ships, income inequa

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Bahrain inflation drops 0.6pc in April

The consumer price index in Bahrain dropped by 0.6 per cent to 122.8 points last month compared with 123.6 in March last year. The index had risen by 2.2 per cent last month to 122.8 points, from 120.1 in April last year, said a report in the Gulf Daily News (GDN), our s

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Kuwait's Al Ahli Bank buying Egypt bank for $150m

Kuwait's Al Ahli Bank will pay about $150 million to acquire 98.5 per cent of the Egyptian unit of Greece's Piraeus Bank, the Kuwaiti lender said on Thursday. The transaction, which requires approvals from the central banks of Kuwait and Egypt according to Al Ahli Bank

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1,000 key leaders for World Economic Forum Mena

More than 1,000 key leaders from government, business and civil society will support a comprehensive vision for prosperity and peace at the 16th World Economic Forum on Mena, which opened today (May 21) at Dead Sea, Jordan. The meeting, marking the Forum’s ninth meeting in

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Cibafi to hold liquidity risk management workshop

The General Council for Islamic Banks and Financial Institutions (Cibafi), the global umbrella of Islamic financial institutions, will hold a technical workshop on liquidity risk management in Manama, Bahrain next month. To be held at Four Seasons Hotel on June 9 and 10, the work

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