Monday 23 December 2024
 
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Central Bank of Bahrain (CBB)

Taib sells 60pc stake

Dubai Financial, a subsidiary of state-owned Dubai Holding, has signed a stock purchase agreement to acquire a controlling 60 per cent stake in TAIB Bank, the group announced. Taib Bank is one of Bahrain's fastest growing and most profita

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Islamic banking sector on roll

The Islamic banking industry is fast becoming a force to be reckoned with, but there are still major obstacles to the development of fully-fledged Sharia-compliant capital markets, bankers were told. The industry also faces the challenge o

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