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In making the announcement, DMI management thanked, on behalf of DMI, its subsidiaries and associates – mainly Ithmaar Bank of Bahrain, Islamic Investment Company of the Gulf (Bahamas) and Faisal Islamic Bank of Egypt – …Read full article » Bahrain: Saturday, December 06 - 2008 @ 16:36
The consideration to be paid for the increased stake in BBK is through a share swap arrangement where by BBK will issue additional shares to Ithmaar Bank in consideration for a 100% stake in Shamil …Read full article » Bahrain: Tuesday, December 02 - 2008 @ 11:25
Janahi was given the award in recognition of his outstanding leadership of Ithmaar banking group, one of the most diversified financial services groups operating from the Middle East region, and his achievements in expanding the …Read full article » Bahrain: Tuesday, November 25 - 2008 @ 11:54
Al-Mutawa was speaking at the Bahrain World Economic Summit, held under the patronage of Dr. Hasan A. Fakhro, Bahrain’s Minister of Industry & Commerce.
Exploring the theme of regulation Al-Mutawa said, “Governments in the GCC region …Read full article » Bahrain: Sunday, November 23 - 2008 @ 15:51
Geneva-based Dar Al- Mal Al-Islami, established in 1981, is the Golden Sponsor for the World Bank Islamic Banking and Finance Conference and has a network of branches that span four continents.
During the visit, Ministers, …Read full article » Bahrain: Sunday, November 23 - 2008 @ 12:16
The signing ceremony, held at the Ithmaar Bank offices in Bahrain, comes just over a week after Ithmaar Bank Chairman Khalid Abdulla-Janahi announced that, following Central Bank of Bahrain instructions, plans for an Initial Public …Read full article » Bahrain: Monday, November 17 - 2008 @ 17:24
The conference is, this year, being organised by the Federation of Arab Businessmen and the Egyptian Businessmen’s Association to discuss the implications of the current financial crisis on the private sector in Arab countries and …Read full article » Bahrain: Saturday, November 15 - 2008 @ 15:42
The interim results also show significant increases in the Bank’s operating income, its total assets and its funds under management.
“Our operating income has increased significantly during the nine month period ended 30 September 2008,” said …Read full article » Bahrain: Monday, November 10 - 2008 @ 10:31
The instructions, made less than three weeks before the planned November 18 IPO launch date, were made, as per an official statement by the CBB, “due to current market conditions” and specifically “requires the Naseej …Read full article » Bahrain: Tuesday, November 04 - 2008 @ 13:15
Both developments which will be located near the Shaikh Hamad causeway that links Muharraq to Manama, were unveiled at Dubai’s Cityscape exhibition earlier this month.
‘Light of Bahrain’, a mixed-use freehold and serviced apartments development in …Read full article » Bahrain: Saturday, October 25 - 2008 @ 11:10