Flip through the latest issue of Gulf Weekly.
Shamil Bank, a wholly-owned subsidiary of Ithmaar Bank, said its 'Shamil China Realty Modaraba' has distributed another $3.5 million as capital returned. This is in addition to the $6.6 million distributed during the first half of 2009.
CPI Financial, publisher of Islamic Business & Finance magazine, has announced it will be hosting the annual Islamic Business and Finance Awards to highlight the phenomenal performance of the Islamic finance industry, particularly during times of economic instability.
Kuwait Finance House - Bahrain (KFH-Bahrain) acted as a joint lead manager and a bookrunner for the $100 million Sukuk issue for the International Finance Corporation, the private sector arm of the World Bank Group.
The storm has begun to pass for the GCC countries whose economies have taken a severe beating in 2009 in the wake of the global economic slowdown.
Batelco has announced that its telex service, which has been in operation for more than 30 years, will be phased out by the end of the year.
Alba held discussions with a high-level delegation from BMW Foundry for developing projects that are of mutual interest and strengthening ties between the two companies.
more than 1,200 industry decision-makers from over 50 countries are preparing to meet in Bahrain at the 16th Annual World Islamic Banking Conference (WIBC 2009).
