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Gulf International Bank Posts $25.8 Million Profit
Manama - May 02 (BNA) -- Gulf International Bank (GIB) has reported a consolidated net income after tax of $25.8 million for the three months ended March 31. The figure is 80 per cent up on the profit recorded in the fourth quarter of 2010, although marginally below the net income of $26.8 million recorded in the omparable prior year period, said a statement.
2011/05/02 More
BCCI Urges Boycott of Iranian Goods and Businessmen
Manama–April 30 (BNA) A call has gone out today to boycott Iranian goods, in retaliation to Tehran’s flagrant interference in Bahrain’s internal affairs and non-respect of its independence and sovereignty.
2011/04/30 More
Bahrain Bourse Daily Trading Performance
Manama, April 28. (BNA) -- Bahrain All Share Index has closed at 1,404.90 points marking a decrease of 1.61 points below the previous closing. This decrease was due to the fall in the Commercial Banks Sector and Services Sector. Results indicated that 106 transactions took place with a volume of 3,055,204 shares worth BD 908,193. Investors traded mainly in the Commercial Banks Sector which represented 69% of the total value of shares traded.
2011/04/28 More
Bahrain Bourse Daily Trading Performance
Manama, April 27. (BNA) -- Bahrain All Share Index has closed at 1,406.51 points marking an increase of 6.24 points above the previous closing. This increase was due to the rise in the Commercial Banks Sector. Results indicated that 97 transactions took place with a volume of 3,828,441 shares worth BD 1,038,126. Investors traded mainly in the Commercial Banks Sector which represented 96% of the total value of shares traded.
2011/04/27 More
Bahrain Finance Minister Receives Chinese Ambassador
Manama - April 26 (BNA) Finance Minister Shaikh Ahmed bin Mohammed Al-Khalifa has today received Chinese Ambassador to Kingdom of Bahrain Yang Weiguo and discussed bilateral relations and growing cooperation, particularly in financial and economic sectors, in addition to joint investments.
2011/04/26 More
Bahrain Bourse Participates in the Central Securities Depositories Conference
Cape Town, April 25. (BNA) -- Bahrain Bourse participated in the 11th Conference of Central Securities Depositories that was held here from April 13 to 15. The conference brought together 230 delegates from 65 countries, representing 70 Central Securities Depositories.
2011/04/25 More
Dr. Fakhro Receives Stephanie Williams
Manama, April 25. (BNA) - Industry and Commerce Minister Dr. Hassan Abdulla Fakhro received here today the Deputy Chief of the US Mission to Bahrain Stephanie Williams. During the meeting, Dr. Fakhro reviewed with the US Envoy the solid Bahraini-US relations, especially the economic one manifested in the Free Trade Agreement signed between the two countries.
2011/04/25 More
Bahrain Bourse Daily Trading Performance
Manama, April 25. (BNA)-- Bahrain All Share Index has closed 1,403.89 points marking an increase of 2.26 points above the previous closing. This increase was due to the rise in the Commercial Banks Sector.
2011/04/25 More
CBB Sukuk Al-Salam Securities Over Subscribed
Manama, April 25 (BNA) -- The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD12 million issue, which carries a maturity of 91 days, has been oversubscribed by 438%.
2011/04/25 More
CBB Sukuk Al-Salam Securities Over Subscribed
Manama, April 25 (BNA) -- The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD12 million issue, which carries a maturity of 91 days, has been oversubscribed by 438%.
2011/04/25 More