Fitch downgrades ABC to ‘BB’/Stable on Libyan sovereign action
Fitch Ratings has downgraded Bahrain-based Arab Banking Corporation's (ABC) long-term issuer default rating (IDR) to 'BB' from 'BBB-'. The outlook ...
Tag: Bahrain Islamic Bank
Ithmaar Bank reports $150m consolidated loss for 2010
Bahrain-based Ithmaar Bank reported a consolidated loss of $150.1 ...
Deloitte Corporate Finance receives a license from the CBB
The Central Bank of Bahrain (CBB) has granted an ...
Upper House convenes today
The Representatives Council's Legislative and Legal Committee on Sunday will hold its weekly meeting ...
Unfolding events are likely to impact the flow of investments to the MENA: Experts
Unfolding events in the ...
Zainers get refund with on-time payment
Sanjay Manohar, Ricardo Nacorda, Ali Salman, Hamada Al Nashmi, Joseph Hudson, Hussain Al Faraj, Aneesa Ali, Sathesh Munirathnam, Raja Sekaran, ...
KPMG remains the best Islamic finance adviser for the fourth consecutive year
KPMG has been named 'Best Islamic Assurance and Advisory Services Provider' in the 2011 Euromoney Islamic Finance Awards. It’s the ...
MENA markets outlook, challenges and opportunities take center stage at annual capital markets conference
The market outlook for the Middle East and North Africa (MENA) and the impact of the unfolding of the latest ...
ABC Islamic Bank reports $2.1m net profit for 2010
Bahrain-based ABC Islamic Bank announced a net profit of $2.1 million for 2010 compared to $10.1 million for 2009. Total ...
Albaraka Group’s net income jumps 15% to $193m and assets by 21% to $16b in 2010
The Bahrain based leading Islamic banking group, Al Baraka Banking ...