July 29th, 2019 | 0 commentsBahrain All Share Index has closed at 1,527.68 points marking an increase of 4.97 points above the previous closing. This increase was due to the rise in the Commercial Banks Sector and Industrial Sector. Bahrain lslamic Index has closed at 771.04 points marking an increase of 4.10 points above the previous closing. ...
July 29th, 2019 | 0 commentsHis Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has affirmed that Saudi Arabia, under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud, has succeeded in enhancing the status of the Nation and making it more influential in the regional and international decision-making proces...
July 29th, 2019 | 0 commentsHis Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at Gudaibiyah Palace today members of the Representatives and Shura Councils, officials, businessmen, journalists and media persons. He praised cooperation between the executive and legislative branches, stressing that boosting it is of paramount importance fo...
July 29th, 2019 | 0 commentsHis Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at Gudaibiya Palace today outgoing Sri Lankan Ambassador to Bahrain Dr. A. Saj U. Mendis. He lauded strong relations of friendship and cooperation between Bahrain and Sri Lanka, stressing the kingdom’s keenness to further boost bilateral relations and promote...
July 29th, 2019 | 0 commentsNational Bank of Bahrain (NBB) has announced the signing of an MoU with Benefit Company to offer a market leading direct debit solution to its business customers. The service offers a host of value added features to streamline and enhance the collection process. Business customers are currently dependent on their payors on the timing and...
July 29th, 2019 | 0 commentsGulf Air, the national carrier of Bahrain, has announced that it will add 38 extra flights to Jeddah and Madinah to facilitate pilgrims’ movement to Saudi Arabia to perform Hajj. Starting from July 28, the additional flights will operate to provide expanded capacity due to the increasing demand during the Hajj season. The airline’s regula...
July 29th, 2019 | 0 commentsIn an effort to simplify its customers’ banking experience, Bahrain Islamic Bank (BisB) has reduced the down payment rate from 10 per cent to 1 per cent for the Bank’s Social Housing Finance Scheme "Mazaya", which was launched in cooperation with the Ministry of Housing in 2014. BisB was one of the first banks to initiate a partnership wi...
July 29th, 2019 | 0 commentsBahrain Real Estate Investment (Edamah), the property arm of the kingdom's sovereign wealth fund, has acquired 36.6 per cent of the shares in the Bahrain Car Parks Company, a leader in the development and management of parking lots. This comes as a major step towards the company’s efforts to establish further collaborations which will enh...
July 29th, 2019 | 0 commentsThe Netherlands-based Royal Boskalis Westminster, a leading global infrastructure services provider, has been awarded a contract worth EUR 70 million ($77.8 million) by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The activities are due to commence in the third quarter of 2019 and are expected to be completed...
July 7th, 2019 | 0 commentsBatelco, the Bahrain-based telecoms operator, has launched Xiaomi Mi Mix 3, the first 5G network supported device in the kingdom. The Xiaomi Mi Mix 3, which went on sale on Wednesday, was tested on Batelco’s 5G network by a professional gamer who commented on the speed of the device. Batelco CEO Mikkel Vinter said: “We are very proud to b...
