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Bahrain's SIO launches property management unitThe Social Insurance Organisation (SIO) has launched a new development company, Amlak, to manage the long-term sustainable growth of its real estate portfolio. Amlak, a subsidiary of the SIO, will focus on maintaining optimal risk More… |
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BisB eyes growth after stake buy by NBBBahrain Islamic Bank (BisB) is looking towards rebounding to profitability and growth in a short time, following the strategic stake acquisition by National Bank of Bahrain and Social Insurance Organisation (SIO), a senior official said. More… |
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Bahrain raises minimum pension to $730The least pension paid to the retired from the public and private sectors in Bahrain starting August 28 will be BD275 ($730), which includes the newly launched BD75 monthly allowance, said a senior official. This would be an increase from More… |
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Bahrain SIO swings to profitBahrain's Social Insurance Organisation (SIO) has posted a remarkable turnaround in its financial results with a profit of BD34 million last year compared to a BD126 million loss in 2008. SIO is the government body, which handles pensi More… |
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New firm to manage Bahrain's SIO assetsBahrain's Social Insurance Organisation (SIO) is to set up a company to manage its assets worth BD3 billion ($8 billion), it has been revealed. The new asset management company will be supervised by the Central Bank of Bahrain (CBB), s More… |
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BBK on a major expansion driveBBK, one of the largest retail banks in Bahrain, is pushing ahead with a major expansion strategy that will see it expand overseas, launch its own Islamic bank and move into equity investment. The bank is undergoing a strategic transformat More… |
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Bahrain social insurance assets hit $8bnThe total assets of Bahrain's Social Insurance Organisation's (SIO) are now valued at BD3 billion ($8 billion), it was revealed. The assets mark investments from both the General Organisation for Social Insurance (Gosi) and the Pens More… |
