GFH approves $60mln dividends for 2021, in cash, bonus shares

Bahrain-based GFH Financial Group will be distributing dividends worth $60 million for FY 2021 which includes cash profits for all ordinary shares, save for treasury shares at 4.57% of the nominal value of the share (equal to $0.0231 per share, BD0.004562, AED0.0444), equal to $45 million. The recommendation also includes bonus shares of 1.5% of […]

Bahrain’s CBB wins ISO certification in business management system

The Central Bank of Bahrain (CBB) has received the ISO 22301:2019 certification in Business Continuity – Management System (BCMS) after undergoing audit procedures, meeting all standard requirements and successfully passing the audit process. The ISO 22301:2019 BCMS is an internationally recognized certification which was awarded to CBB for its efforts in adopting the best international […]

Bahrain’s real GDP grows 4.3% in Q4, says report

Bahrain’s GDP grew by 4.29% at real prices and 18.44% at current prices in the Q4 of 2021, according to national accounts estimates issued by the Information & eGovernment Authority (iGA). The report, which shows the growth of both the oil and non-oil sectors, revealed that the oil sector grew by 4.67% at constant prices […]

EGA, Alba tie up to raise production at Alba’s Potline 6

Aluminium Bahrain (Alba) and Emirates Global Aluminium (EGA) will cooperate to raise output at Alba’s Potline 6 beyond its name-plate capacity as well as explore using EGA technology and know-how in future expansions at Alba smelter. For this, EGA, the largest industrial company in the UAE outside oil and gas, and Alba have signed a […]

Bin Hindi Solutions launches new identity at the Gulf Construction Expo 2022

Bin Hindi Solutions (BHS), a division of Bin Hind Informatics, has launched its new identity at the Gulf Construction Expo 2022 at the Bahrain International Exhibition and Convention Centre. The company showcased a wide range of tailor-made and cutting-edge products and solutions that target the needs of diversified industries. The solution line up covering visual […]

Bahrain set to host global conference of legislators

Two thousand legislators from around the world, including 50 speakers, are set to converge on Bahrain next March when the country hosts the 146th Assembly of the Inter-Parliamentary Union (IPU). The gathering, taking place in Bahrain for the first time ever, is set to be held at the new Bahrain International Exhibition and Convention Centre in […]

Bahrain, Saudi Arabia review ways to enhance legal, judicial cooperation

Vice-President of the Supreme Judicial Council and President of the Court of Cassation, Chancellor Abdulla bin Hassan Al-Buainain, Attorney-General, Dr. Ali bin Fadhl Al-Buainain, and Minister of Justice, Islamic Affairs and Endowments, Shaikh Khalid bin Ali Al Khalifa, held a joint meeting with the Saudi Justice Minister and President of the Saudi Supreme Judicial Council, […]

SCH Chairman, Health Minister visit King Hamad-American Mission Hospital

Chairman of the Supreme Council of Health (SCH), Lieutenant General Dr. Shaikh Mohammed bin Abdullah Al Khalifa, and Minister of Health, Faeqa bint Said Al Saleh paid a field visit today to the King Hamad-American Mission Hospital project in A’ali to assess progress of work at the hospital which is set to be inaugurated by […]

HM King’s Advisor for Diplomatic Affairs receives B’nai B’rith CEO

Advisor to His Majesty the King for Diplomatic Affairs Shaikh Khalid bin Ahmed bin Mohammed Al Khalifa received B’nai B’rith International Organization CEO Seth Jonathan Riklin. The meeting discussed the latest developments, regional and international issues and stressed the efforts aimed at enhancing regional and international security and stability. Ricklin praised the efforts of His […]