This category covers all news related Banking & Finance
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been fully subscribed by 100%. Subscriptions worth BD 26 million were received for the BD 26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 5th May […]
Continue ReadingThe Information &eGovernment Authority (iGA) issued its foreign trade report of January 2022, encompassing data on the balance of trade, imports, exports (national origin), and re-exports. The value of imports increased by 10%, reaching BD449 million during January 2022 compared to BD409 million for the same month of the previous year. The top 10 countries […]
Continue ReadingNational Bank of Bahrain B.S.C. (NBB) has reported a decrease of 20.6% in its net profit attributable to equity shareholders to BHD 8.1 million (USD 21.5 million) for the fourth quarter ended 31 December 2021, compared to BHD 10.2 million (USD 27.1 million) in the same period of 2020. The decrease in net profit was […]
Continue ReadingOil Minister, Shaikh Mohammed bin Khalifa, today met the Executive Director of Industrial Services at Saudi Aramco, and Chairman of the Advisory Board of the 6th Middle East Maintenance and Reliability Conference and Exhibition (MAINTCON 2022), Fahad Abdulkareem. Attended by the Oil Ministry’s Acting Undersecretary, Faihan Mohammed Al-Faihani, the meeting included MAINTCON Chairman, Nezar […]
Continue ReadingFinance Minister, Youssef El-Khalil, on Monday welcomed the Coordinator of the International Aid for Lebanon, Ambassador Pierre Dukan, who visited him in the company of head of the Regional Economic Services Department at the French Embassy, Francois De Ricolfis. According to a statement issued by the Ministry of Finance’s press office, the meeting mainly discussed […]
Continue ReadingDeputy President of the Supreme Council for Women (SCW), Dr. Shaikha Mariam bint Hassan Al Khalifa, received today Regional Director for Arab Countries at the UN Development Coordination Office (DCO), Laila Bakr. She stressed keenness of SCW to boost cooperation with DCO by activating the memorandum of understanding with the UN Women Office in […]
Continue ReadingThe Industry, Commerce and Tourism Ministry officials held a meeting with the US delegation from the Senate and House of Representatives chaired by the Assistant Undersecretary for Domestic and Foreign Trade at Industry Ministry Shaikh Hamad bin Salman bin Khalifa Al Khalifa. The meeting reviewed the longstanding relations between Bahrain and the US and the […]
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