Industry and Commerce Minister Dr. Hassan Fakhro received AIESEC Business Development Manager Sabika Al Shamlan and discussed with her on the organisation of the fifth GCC Isaac conference in the Kingdom of Bahrain. During the meeting, the minister praised Isaac [...]
FedEx Corp. moved closer to meeting its 2020 global citizenship goals with significant support from its 290,000 global team members and through a number of smart investments. The FedEx 2010 Global Citizenship Update, released today, showcases how smart collaboration and [...]
Bahrain-based Sakana Holistic Housing Solutions, the Islamic mortgage finance provider signed BD four million commodity murabaha financing facility with Khaleeji Commercial Bank (KHCB) agreement for over four years. The funding facility from the KHCB will be used as working capital [...]
Moody’s Investors Service reaffirmed for the sixth consecutive year Islamic development Bank’s “Aaa” long term and P-1 short term foreign currency issuer rating with a “stable” outlook. Moody’s stated that IDB’s rating reflects the presence of strong shareholder support, a [...]
Bahrain’s national carrier Gulf Air, announced the launch of services to three more new destinations Rome, the Italian capital, Entebbe, the hub of Uganda’s commercial sector and Juba, the capital of newly independent country, South Sudan. Services to Rome will [...]
Bahrain-based Unicorn Investment Bank (Unicorn) announces the successful sale of its investment in Victron, Inc. (Victron), a specialty provider of high-mix, complex electronics manufacturing services (EMS) based in Fremont, California. Unicorn acquired an 80% equity stake in Victron in December [...]
With 12 telephone customers in 1940’s, Bahrain has set a new benchmark in telecommunication industry as 70 years later down the road the country enjoys 1.5 million telephone subscribers backed by one of the most modern telecom infrastructures in the [...]
