Securities & Investment Company (SICO) has reported a net profit of BD1.02 million ($2.7 million) for the first quarter of this year, compared to BD1.58 million in the same period last year.
The Bahrain-based regional investment bank said brokerage and other income increased
Khaleeji Commercial Bank has signed a three-way memorandum of understanding with Bahrain Defence Force's Military Consumer Association (MCA) and its main supplier Glabrous International.
The signing took place at KHCB's headquarters in Bahrain Financial Harbour marking a
Arab Insurance Group (Arig), a leading Bahrain insurance company, said its net profit for the first quarter of the year fell to $2.7 million from $5.5 million last year.
However, the reinsurance firm posted an increase of three per cent in gross premiums which hit $164.9 million