MANAMA : THE demand for sukuk will remain strong across the globe and as such, new markets that are traditionally not partial towards Islamic finance may also issue sukuk as a fund-raising tool. "Sukuk has proven to be the go-to fund-raising instrument of choice and is available to a bigger pool of investors in comparison to a conventional bond," said International Islamic Financial Markets chief executive officer Ijlal Ahmed at the 20th World Islamic Banking Conference (WIBC) being Read more [...]

MANAMA — King Hamad bin Isa Al Khalifa of Bahrain received Sayyid Badr bin Saud al Busaidy, Minister Responsible for Defence Affairs, at Sakheer Palace, here yesterday. The minister responsible for defence affairs conveyed the greetings of His Majesty Sultan Qaboos and his wishes of good health and well-being to the king of Bahrain and the Bahraini people more progress and prosperity. On his part King Hamad sent his greetings to His Majesty the Sultan wishing him good health and happiness Read more [...]

Bahrain is currently hosting the 20th World Islamic Banking Conference (WIBC), the world's largest and most influential international gathering of Islamic finance industry leaders until tomorrow. This year marks the event's 20th anniversary and more than 1,300 delegates from over 50 countries are expected to attend. Pre-conference seminars organised by the International Islamic Financial Market were held yesterday, while today will see the official opening of the WIBC conference Read more [...]

Bahrain Institute of Banking and Finance (BIBF) announced the appointment of Deen Jayah as the Head of a new centre formed as part of the new five-year strategy under the stewardship of BIBF Director Solveig Nicklos . In this capacity Mr.Jayah will be responsible for all teaching, learning and partnership requirements across these spheres of business (Accounting, IT and Islamic Finance) and to facilitate the fledgling growth of the vocational research centre as well as advisory Read more [...]

Manama, Dec. 4. (BNA) – Her Royal Highness Princess Sabeeka bint Ibrahim Al Khalifa, Wife of His Majesty the King and President of the Supreme Council for Women (SCW), has called upon all media establishments in Bahrain to continue supporting Bahraini women's participation in the media field after decades of landmark contributions to the Bahraini media sector. She said that the media should Read more [...]

Alba unit to mark HSE week Manama, 1 hours, 50 minutes ago Aluminium Bahrain’s (Alba) Calciner and Marine Department will be hosting its HSE Week from December 8 to 12. The HSE Week, to be held under the theme ‘Safety Rules are your Best Tools,’ will focus on various aspects of safety with a special emphasis on safety topics related to the Calciner and Marine. With an aim to boost safety awareness among its employees, the week will feature presentations Read more [...]

Ritz-Carlton Bahrain appoints new sales chief Manama, 1 hours, 37 minutes ago Ritz-Carlton, Bahrain Hotel and Spa has appointed Soufiane El Allam as its new director of sales and marketing. Allam, a Moroccan national, will be responsible for all matters pertaining to the sales and marketing division, including reservations and revenue management, catering and conference services, corporate, group, government and leisure sales, besides local, regional Read more [...]