Bahrain

October 12, 2005

07:33 GMT

Claims about low level work on homes being renovated or rebuilt under a nationwide scheme were dismissed Tuesday. According to GDN, the claims were raised from Southern Municipal Council vice-chairman

October 11, 2005

08:25 GMT

Thousands of residents in Abu Quwah village and neighbouring areas may benefit from a housing project proposed by the Northern Municipal Council, the GDN reported on Tuesday.

October 10, 2005

16:08 GMT

Chairman of Bahrain's Shura Council Dr. Faisal bin Radhi Al Mousawi chaired Monday the third weekly session in its third term. During the session MPs

06:19 GMT

A BD10 million insurance policy on Sunday was signed for Bahrain's new Sitra Shopping Mall, due to open by the end of the year. Bahrain National Insurance (BNI) will insure Bahrain's first seafront ma

October 9, 2005

15:19 GMT

Subscription in Nass Corporation’s Initial Public Offering (IPO), the largest of its kind to take place in Bahrain in the last eight years, opened today for investors from around the GCC. The receivi

13:52 GMT

Leading regional financial institutions, Gulf Finance House B.S.C. (GFH), Kuwait Finance and Investment Company (KFIC) and Qatar Islamic Bank (QIB) to

13:51 GMT

Investcorp, the global investment group that specializes in alternative investments, has acquired Almatis, the global leader in development and produc

October 6, 2005

09:42 GMT

The Bahrain Monetary Agency (BMA) has granted a licence for the establishment of a new Islamic full commercial bank, Al-Salam Bank, which will be a publicly-listed entity.

07:56 GMT

Shamil Bank of Bahrain B.S.C has mandated BNP Paribas, Boubyan Bank and Gulf International Bank (GIB) to lead arrange a US$100 million five-year amortising Murabaha syndicated facility.

October 5, 2005

06:48 GMT

Bahrain-based Shamil Bank is to provide Islamic home financing for buyers in the BD95 million Abraj Al Lulu project. Pearl Real Estate Development Company, a consortium of investors from Bahrain, King

October 4, 2005

08:46 GMT

Kuwait Finance House, Bahrain (“KFH-Bahrain”) – a leading provider of Islamic commercial and investment banking services – today announced plans for t