Monday 28 July 2014

Bader buys key stake from BDB

Bahrain-based Bader Group of Companies said it has acquired all the shares of Bahrain Development Bank (BDB) in Gulf Membrane and Coating Industries (GMCI) for $500,000. Bader Group of Companies is one of the leading waterproofing contr


Bahraini movie wins BDB backing

Bahrain Development Bank Group (BDB) has announced its support for the Bahraini feature film, 'The Sleeping Tree' in line with its interest in promoting Bahraini entrepreneurship, innovation and investment opportunities. I


Tamkeen expands SME financing programme

  Tamkeen has signed an agreement with Bahrain Development Bank (BDB) to add BD10 million ($26.1 million) to its enterprise financing portfolio as part their joint objective to ensure the availabili


500 experts for GCC entrepreneurs forum

The first GCC Future Entrepreneurs Forum attracted more than 500 delegates, well above the expectations of the organisers, prompting Bahrain Development Bank (BDB) to plan for a second edition next year. "This has been a very important for


BDB lending surges 25pc

The total loans extended by Bahrain Development Bank (BDB) increased by 25 per cent to BD30.4 million ($80.6m) in the fiscal year ended in March, compared to BD22.7m in the previous year. Beneficiaries increased by 30 per cent from 593 to


SMEs explore exports prospects

More than 100 small- to medium-sized enterprises (SMEs) were represented at a two-day seminar aimed at helping them boost exports from Bahrain. The two-day seminar Empowering SMEs Competitiveness for Globalisation opened at the Bahrain Int


BDB backs support for SMEs

A successful Labour Fund (LF) initiated project to provide innovative financing support for Small and Medium Enterprises (SMEs) in the Kingdom of Bahrain has received a major boost with another financial institution joining the ranks. The

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