Transportation and Telecommunications Ministry announced today the National Bank of Bahrain (NBB) as a Silver Sponsor for the Bahrain International Airshow (BIAS2018) to be held under the patronage of His Majesty King Hamad bin Isa Al Khalifa, on November 14-16 at Sakhir Airbase in Bahrain.
The agreement, signed by Transportation and Telecommunications Minister Kamal bin Ahmed Mohammed, and NBB, reflects efforts being driven by HH Shaikh Abdullah bin Hamad Al Khalifa, Personal Representative of HM the King and Chairman"...

Gulf International Bank (GIB) has launched the digital retail banking services of meem, the region’s first Shariah-compliant digital bank, in Bahrain.

Rasheed Al Maraj, Governor of the Central Bank of Bahrain, attended the technology driven launch event as the guest of honour in the meem store at The Avenues, Bahrain.

The Minister of Oil, HE Sheikh Mohammed bin Khalifa bin Ahmed Al Khalifa, along with other dignitaries also attended the event.

meem offers innovative straightforward"...

Bahraini Islamic lender Al Baraka Group has pumped $500 million in loan facilities into the Egyptian market designated to finance foreign trade, an official said Sunday.

“The facilities provided were distributed as $400 million for banks operating in Egypt and $100 million for Al Baraka Bank Egypt.” Al Baraka Group’s chief executive Adnan Yousif told Amwal Al Ghad.

“The"...

Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa, referred to the proposed capital package for improving the World Bank Group (WBG) as a transformational change in how the group deals with development challenges, and the scale of financing and engagement in this respect.

He stressed that its four main pillars remain extremely relevant: serving all clients, maximizing finance for development through mobilisation of private sector investments and solutions, leading on global issues, and improving the business"...

Bahrain Middle East Bank (BMB) has partnered with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of Jeddah-based IDB Group, to consolidate its trade financing activities.

Bahrain Middle East Bank (BMB) has partnered with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of Jeddah-based IDB Group (Islamic Development Bank Group), to consolidate its trade financing activities.

BMB signed two agreements with ICIEC"...

Injaz Bahrain, a non-profit organization that empowers Bahraini youth, and HSBC launched the latest edition of the “More than Money” programme, marking 11 years of partnership between the two entities.

The successful “More than Money” programme provides Bahrain’s youth with basic financial literacy skills. The initiative provides engaging and academically enriching learning sessions in economic education.

Over the past ten years, more than 18,700 Bahraini intermediate"...

(AETOS Wire)-- Once again, the Aperta Active Clearing System (ACS) has delivered the mechanism for a country to implement a world-class electronic payment processing environment to maximize a national payments system’s efficiency, effectiveness, security and control.

Aperta partnered with the Cayman Islands ACH Operator (Prism Services (Cayman) Ltd.) and local commercial banks to deliver a new Electronic"...

(AETOS Wire) -- Bank of America reported its first-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180416005642/en/

• Bank"...

(AETOS Wire) -- IDEMIA’s metal cards are the newest addition to HSBC’s credit card offering in the UAE. The new HSBC Black Credit Card is designed for the affluent customer segment and it features exclusive benefits including 200,000 sign-up Air Miles, 100,000 anniversary Air Miles, accelerated rewards earning up to 2.5 Air Miles per 1 AED spent on the card, unlimited complimentary airport lounge access for cardholders and guests, complimentary HSBC Entertainer including"...

Bank Audi sae, one of the fastest growing banks in the Arab Republic of Egypt, has successfully transformed multiple banking processes powered by Newgen’s Business Process Management and Enterprise Content Management platforms. With an aim to become one of the leading private banks in Egypt, the Bank has streamlined its processes to achieve greater efficiency and provide enhanced customer experience.

Speaking of the achievement, Afaf Sinno,"...