Al Salam Bank celebrates Bahrain villa project handover
Al Salam Bank, a leading Islamic bank in Bahrain, has announced the successful handover of the largest number of villas within the final phase of Deerat Al Oyoun, located in Diyar Al Muharraq. A ceremony was held recently at Souq Al Baraha to celebrate the record-breaking turnaround time for processing financing applications since the inception […]
Batelco, Ericsson sign MoU for nextgen 5G in Bahrain
Batelco, a leading telecom provider in the region and Ericsson have signed an agreement to collaborate on next-generation 5G technologies and innovations in line with Bahrain’s digital economy vision. This latest memorandum of understanding (MoU) is part of Batelco’s efforts to enhance its network capabilities to achieve future goals for 5G technology, in addition to […]
Bahrain’s Al Baraka seals key finance deal with Burooj Property Development
Al Baraka Islamic Bank, one of the leading Bahraini financial institutions, has signed a MoU with Burooj Property Development to provide sharia’a compliant real estate financing solutions to customers looking to buy residential units within the properties of Burooj Property Development in the kingdom. The ceremony, held at the bank’s headquarters in Bahrain Bay, was […]
Bahrain’s GFH launches new loyalty programme for top shareholders
GFH, a leading regional financial group with interests in asset management and real estate, has announced a new shareholder loyalty programme “Prime”, which provides rewards and incentives for its loyal shareholders. The new GFH Prime provides shareholders with exclusive benefits based on four tiers, including Member, Silver, Gold, and Platinum. Benefits include up to 2% […]
GFH launches “Prime” programme to reward top shareholders
GFH Financial Group today announced a new shareholder loyalty programme “Prime”, which provides rewards and incentives for loyal shareholders. GFH Prime provides shareholders with exclusive benefits based on four tiers, including Member, Silver, Gold, and Platinum. Benefits include up to 2% rebate on all new investments in GFH projects, up to 15% discount on the […]
LuLu-Talabat deal for home delivery in Bahrain
LuLu Hypermarket is now on leading technology company Talabat’s platform following a signing ceremony involving executives of both companies. The favourite shopping destination believes the move will provide another convenient option for the consumer, as they can browse the application from home, choose groceries and have them delivered. “The LuLu Group is always at the […]
Investcorp in exclusive talks to buy AC Milan: sources
Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to purchase Serie A club AC Milan, sources said on Friday, in what would be the first takeover of a top Italian team by Middle East investors. One source close to the talks told Reuters the deal to buy the seven-times European champions from current owners […]
UAE condemns Israeli forces storming Al Aqsa Mosque
The UAE strongly condemned today Israeli forces’ storming of Al Aqsa Mosque, which resulted in the injury of a number of civilians. The Ministry of Foreign Affairs and International Cooperation underscored the need for self-restraint and protection for worshipers, stressing the UAE’s stance that the Israeli authorities should respect the right of Palestinians to practice […]
Bahrain condemns Israeli police storming of Al-Aqsa Mosque, calls for calm
Bahrain has condemned the Israeli police’s storming of Al-Aqsa Mosque on Friday, and the resulting acts of violence, injury and arrest of dozens of worshipers, which represents a provocation to Muslims, especially in the Holy Month of Ramadan. The Ministry of Foreign Affairs stressed the importance of respecting the sanctity of Al-Aqsa Mosque and […]
Justice, Islamic Affairs and Endowments Minister opens Ahmed Al Khaja Mosque
Justice, Islamic Affairs and Endowments Minister Shaikh Khalid bin Ali Al Khalifa opened Ahmed Al Khaja Mosque in East Hidd Town. The inauguration follows the order of His Royal Highness Prince Salman bin Salman Al Khalifa, the Crown Prince and Prime Minister, to open and restore 20 mosques run by the Sunni and Jafferi […]