Bahrain-based Islamic investment bank, Gulf Finance House (GFH), has repaid $25 million to debt holders marking total debt principal payments of $33 million so far this year.
In a statement to the Bahrain Bourse, the bank said this repr
Higher capital expenditure on projects in GCC countries is underpinned by sustainable development and diversification, reported the Gulf Daily News (GDN) on an analysis revealed by Qatar National Bank.
Regional economies have used their
The National Bank of Abu Dhabi (NBAD) has appointed Jonathan Macdonald as the managing director and head of Syndicated Finance.
Macdonald will lead NBAD’s loan underwriting, primary loan distribution, sec
Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella organisation of Islamic financial institutions, is set to finalise its Strategic Plan 2015-2018 by the end of the year.
The Bahrain Association of Banks (BAB) has signed a MoU with 21st Century Consulting (21CC) to jointly develop research in banking and finance.
"One of the main objectives of a banking association is to produce research on th
Wynyard Group, a market leader in critical threat assessment and advanced crime analytics software for government, financial services and critical national infrastructure, has won a major contract from Bahrain's Nonoo Exchange Company.
The spread of Islamic trade finance is boosting demand for sharia-compliant reinsurance in the Gulf, trade credit insurer Euler Hermes says, predicting the sector could eventually account for over a third of its business in the region.
A leading financial expert will discuss the issue of evaluating the market price of banking institutions at a key luncheon meeting being hosted by The Bahrain Association of Banks (BAB) tomorrow (June 24).
The BAB's quarterly
Turkey's Kuveyt Turk, owned by Kuwait Finance House, mandated banks for a sukuk issue, bankers told Reuters on Tuesday.
The bank has mandated KFH Investment as global coordinator and Citi, Emirates NBD Capi