Bahrain

July 25, 2000

03:00 GMT

(MEBG) – The recent merger between Al-Ahli Bank of Bahrain and United Bank of Kuwait may bring with it a transformation for the Middle East banking sector, with a shift from smaller family-run banks t

July 20, 2000

03:00 GMT

Bahrain has decided to give entry facilities to Moroccan citizens wanting to visit the country, reported the Bahrain Tribune newspaper.  The paper sai

July 19, 2000

03:00 GMT

(MEBG) – The first Bahraini life insurance company will officially open on October 1, 2000.

July 17, 2000

03:00 GMT

A Bahraini princess who eloped to the United States after falling in love with a US Marine will formally apply for political asylum here, her lawyer s

03:00 GMT

Bahrain\'s emir said on Monday he wanted good relations with Qatar despite a long-running territorial dispute between the two Gulf Arab states that fl

03:00 GMT

(MEBG) – As reported by the <I>Gulf times</I>, HSBC Bank Middle East announced on July 16th the launch of its new investment fund by HSBC International Capital Secured Growth Funds.

03:00 GMT

(AFP, MANAMA) - The Bahrain Petroleum Co. (Bapco) and the French contracting company Alstom have signed a $31.8-million contract to modernise the emirate's refinery equipment, a newspaper reported Mon

03:00 GMT

(MEBG)The Bahrain Petroleum Company (Bapco) and the French contracting company Alstom, signed a $31.8 million (BD12 million) agreement was on July 16. The project is scheduled to start in September t

July 16, 2000

03:00 GMT

(MEBG) – Bahrain’s Gulf International Bank signed a $400 million loan agreement on July 11, at a ceremony that took place at Le Royal Meridien Hotel.

03:00 GMT

(MEBG) – The Bahrain Institute of Banking and Finance (BIBF) reported revenues of BD1.04 millionin 1999, 4 percent more than the amount reported in 1998.

July 15, 2000

03:00 GMT

Bahrain's Al-Ahli Commercial Bank and the London-based United Bank of Kuwait (UBK) are set to merge by August and will be listed on Bahrain's stock ma

July 12, 2000

03:00 GMT

Bahrain’s charter passenger airline industry should be able to capture an even bigger regional market share with the support from the public and private sectors.

03:00 GMT

Ghazi M. Abdul Jawad, the president and CEO of Bahrain’s Arab Banking Corporation (ABC), has outlined the organization’s plans to expand its operation throughout the Gulf region and other internationa

July 11, 2000

03:00 GMT

The Bahrain-based Gulf International Bank (GIB) announced Monday it had signed a 400-million-dollar loan facility with a consortium of 32 Arab, Asian and Western banks.

03:00 GMT

(AFP) - The Islamic Development Bank (IDB) obtained its first line of credit under Islamic lending terms, for 84 million dollars, from a syndicate co-led by Gulf International Bank, GIB  The loan will