MANAMA: Standard Chartered Bank (SCB) has become the official banking partner of the Bahrain India Society (BIS) for this year, it was announced yesterday. SCB Bahrain chief executive Hassan Jarrar and BIS chairman Mohammed Dadabhai signed an agreement in a ceremony at the society's main offices. A key aim of the partnership is to strengthen ties between the bank and the local business community, particularly the small and medium enterprises (SME) sector. "With a strong footprint in both Bahrain Read more [...]

MANAMA: Bahrain-based Islamic investment firms Tharawat and International Investment Bank (IIB) yesterday announced the acquisition of equity in Saudi fast food brand Hungry Bunny. The two, along with other GCC investors, have jointly purchased 49 per cent stake in the fast food restaurant chain, with IIB becoming a major shareholder. Saudi businessman Mohamed bin Husain Al Dosary remains the majority stakeholder with 51pc stake. Registered in the US, European Union, Middle East and the GCC states, Read more [...]

THE cream of Bahrain's netballing talent will set off for the UAE tomorrow to represent the kingdom at the annual Inter-Gulf Championships in Abu Dhabi. This year's competition will take place at the Abu Dhabi Tennis Association complex and will feature teams from Dubai, Abu Dhabi, Fujairah, Kuwait and Qatar as well as the three squads from Bahrain, once again proudly supported by DHL. The DHL Bahrain A, B and Youth squads will take their respective places in the pool stages, where they will battle Read more [...]