India’s education sector ‘a $225bln opportunity’: Bahrain

India’s education sector is a $225 billion opportunity, according to new research by Investcorp. A white paper released yesterday by the Bahrain-based alternative investment firm analysing investment opportunities in India’s education infrastructure sees the industry growing at 14 per cent annually over the next few years to reach an overall size of $225bn. The research […]

Bahrain ‘key to securing stability in Mena region’

Bahrain is a core partner in the Abraham Accords and will continue to play a key role in securing stability in the Middle East and North Africa (Mena) region, a top UK MP affirmed last night. Former UK defence and trade secretary Dr Liam Fox, who is also chairman of the UK Abraham Accords Group, asserted […]

Citi to sell Bahrain consumer business to Ahli United Bank

Citigroup Inc agreed to sell its consumer banking business in Bahrain to Ahli United Bank BSC (AUB) for an undisclosed sum, the U.S. bank said on Monday, as it exits retail operations in 13 markets across the globe. The deal includes Citi’s retail banking, credit card and unsecured lending businesses in Bahrain but excludes institutional […]

Foreign Minister receives credential copies of Thai Ambassador-Designate to Bahrain

Minister of Foreign Affairs, Dr. Abdullatif bin Rashid Al Zayani, today received Piyapak Sricharoen, who handed over to him a copy of his credentials as the Ambassador-Designate of the Kingdom of Thailand to the Kingdom of Bahrain. During the meeting, the Minister welcomed the Thai Ambassador, praising the advanced level of friendship and cooperation relations […]

Investcorp convenes over 200 guests for its alternatives symposium

Investcorp, a leading global alternative investment firm, convened leading industry voices for an engaging day of panel discussions and fireside chats at its 2022 Alternatives Symposium in New York City on Tuesday, March 29. As the world emerges from the pandemic and faces new challenges and opportunities, Mohammed Alardhi, Executive Chairman of Investcorp led the […]

Bahrain weather forecast

The Meteorological Directorate forecasts generally fine weather Wind: Variable, mainly northerly, 3 to 8 knots, reaching 10 to 15 knots at times during the day. Sea waves: 1 to 3 feet Temperatures: Maximum 34 ºC; minimum 18 ºC Humidity Maximum 80 %; minimum 20 % For further information and updates: www.bahrainweather.gov.bh

GFH appoints Al Hajeri as chairman

GFH Financial Group has announced the appointment of Ghazi Al Hajeri as the new chairman with effect from last Monday. Mr Al Hajeri succeeds Jassim Al Seddiqi, who quit his post to focus on other business commitments, after seven years of service, the Bahrain-based Islamic wholesale investment bank said .

Bahrain updates Covid-19 isolation protocol

Based on the latest epidemiological data and following approval by the Government Executive Committee, the National Medical Taskforce for Combatting the Coronavirus (COVID-19) announced an update to the COVID-19 isolation protocols. Starting from 7 April 2022, individuals in isolation with active COVID-19 can terminate their isolation period earlier than advised, by obtaining a negative lab […]