Business

Bahrain All Share Index Closes Lower, Islamic Index Closes Higher

Manama: The Bahrain All Share Index has closed at 1,873.73 points, marking a decrease of 18.12 points below the previous closing. This decrease was due to a drop in the financial sector and the materials sector.

According to Bahrain News Agency, the…

Batelco and Ericsson Expand Mobile Network in Bahrain

MANAMA: Batelco, part of the Beyon Group, and Ericsson have announced the expansion of Batelco’s mobile broadband network with a focus on enhancing 5G and 4G capabilities by strengthening network coverage and capacity across Bahrain. This expansion hi…

BENEFIT Secures ISO 37301:2021 Compliance Certification

Manama: BENEFIT has achieved a significant milestone by obtaining the ISO 37301:2021 compliance certification from the British Standards Institution (BSI), making it the first organization in the Kingdom of Bahrain to receive this recognition.

Accord…

CBB Sukuk Al-Ijara Oversubscribed by 563%

Manama: The Central Bank of Bahrain (CBB) has announced that the monthly issue of its short-term Islamic leasing (Ijara) Sukuk has been oversubscribed by 563%. This significant level of interest resulted in subscriptions amounting to BD 146.496 millio…