Business Weekly

Business Weekly




Bahrain's Takaful sector to witness steady growth

March 11 - 17, 2009
679 views

Nexus, the region's leading financial adviser, and Solidarity Family Takaful, launched a joint marketing agreement for Takaful product in Bahrain, designed to provide clients with a Sharia-compliant opportunity to protect wealth for the future.





Bank to sponsor major summit

March 11 - 17, 2009
540 views

Al Salam Bank-Bahrain announced its golden sponsorship of the upcoming 9th GCC Banking Conference 'A New Era in International Banking Practices: Implications for the GCC Markets'.





GCC needs fresh look at agriculture

March 11 - 17, 2009
745 views

With population on the rise, Bahrain could do well to address the issue of food security by bringing all its arable land under cultivation.





Batelco gains reach $846 million

March 11 - 17, 2009
635 views

Batelco reported year-on-year gross revenues growth of nine per cent to $846.4 million (BD319.1 million) while net revenues grew by 10 per cent to $666.8 million in 2008.





Ithmaar puts off share swap plans

March 11 - 17, 2009
557 views

Ithmaar Bank, a Bahrain-based investment bank with global reach, has reviewed its 2009 strategy in light of the ongoing financial uncertainty, and is putting off its plans for the share swap between Shamil Bank of Bahrain, a wholly owned subsidiary, and BBK.





GBCorp registers net profit of $21 million

March 11 - 17, 2009
781 views

Global Banking Corporation (GBCorp) held its annual general meeting at the Ritz-Carlton Bahrain Hotel and Spa briefing shareholders on the bank's progress through the past year and presenting strategies to counter recent developments in the financial world.





Tamkeen vows support

March 11 - 17, 2009
726 views

Tamkeen (Labour Fund) has announced the extension of its 'facilitated support financing programme' in partnership with the Bahrain Development Bank (BDB) to strengthen SMEs and entrepreneurs with financing to broaden their activities and business growth.