Tag: Bahrain Business News
Bahrain extends loan repayments window by six months
The Central Bank of Bahrain (CBB) has directed all banks and finance companies to extend the repayment of loan installments for a further six...
Bahrain’s SICO to acquire majority stake in Muscat Capital
Bahrain-based leading asset manager, broker, market maker and investment bank, SICO has signed an agreement with Bank Muscat to purchase majority shares amounting to...
Bahrain’s Al Salam Bank partners with Fintech firm FlexxPay
Bahrain's Al Salam Bank has signed a cooperation agreement with Riyadh-based social impact technology company, FlexxPay, to provide innovative employee benefit solutions to businesses...
Bahrain keen to focus on economic recovery before budget boosting measures
Bahrain could extend the duration of support measures to help businesses cope with the coronavirus impact after deploying the Gulf region's biggest stimulus relative...
Investcorp to sell cybersecurity firm Avira for $360mn
Bahrain’s private equity company, Investcorp has entered into a definitive agreement to sell the tech company Avira for approximately $360 million to the US-based...
Bahrain denies openness to allow imports from Israeli settlement
Bahrain will not allow the import of Israeli goods produced in settlements in occupied Palestinian territory, state news agency BNA reported, rejecting comments made...
Bahrain Bourse and IDE unite to improve bilateral relations
Bahrain Stock Exchange (Bahrain Bourse) has partnered with the Israel Diamond Exchange (IDE) to seek avenues of mutual interest and joint cooperation among both...
Blom Bank in talks to sell Egyptian wing to Bahrain’s ABC
Lebanon's Blom Bank has started an exclusive discussion with Bahrain's Arab Banking Corporation (Bank ABC) to potentially sell the ownership of its Egyptian subsidiary.
According...
