Tag: Bahrain
Bahrain Taps Bond Market for First Time Since $10 Billion Bailout Package
(Bloomberg) -- Bahrain is tapping the international bond market about a year after it secured a bailout package from its wealthier neighbors. The island...
Kuwait Finance Offers to Buy Ahli United in $8.8 Billion Deal
(Bloomberg) -- Kuwait Finance House KSCP offered to buy Bahrain’s Ahli United Bank BSC in an all-share deal that’s valued at about $8.8 billion....
BAHRAIN AWS region to accelerate digital transformation of Middle East
Amazon Web Services (AWS) has brought the world one more step closer to the Middle East with the launch of its Bahrain AWS region....
Qatar Ruler Gets Rare Call From Bahrain PM
(Bloomberg) -- In a sign of potential breakthrough in relations between the two nations, Qatar’s Emir Sheikh Tamim Bin Hamad Al Thani received a rare...
Bahrain’s GIB Establishes Saudi Arm With $2 Billion Capital
Bahrain based Gulf International Bank (GIB) converted its Saudi operation into a locally incorporated bank with 7.5 billion riyals ($2 billion) capital, as the lender...
Gulf Takeover Binge Has Bahrain Opening Up to More Bank Mergers
Bahrain, once a Gulf finance hub, favors further consolidation among its banks, according to a top official and the head of a leading lender.
The...
Crypto Assets Get Arab World’s First Regulatory Nod From Bahrain
The Arab world’s smallest country is taking the lead in regulating crypto assets.
Bahrain’s central bank said on Monday that it issued “the final rules...
Bahrain Offers Incubator-Style Regulatory Program for Crypto
Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency to work in the...
$10 Billion Bailout Makes Bahrain Debt Best in Gulf
Bonds of Bahrain, the smallest member of the Gulf Cooperation Council, have handed investors the biggest return since the island nation’s $10 billion bailout...
Investcorp, Standard Life Start $1 Billion GCC Investment Fund
Bahrain’s Investcorp Bank BSC and Standard Life Aberdeen Plc started an $800 million to $1 billion fund to invest in infrastructure in the Gulf...
