Abu Dhabi, UAE: Mahmood Rafique, Editor: Abu Dhabi Future Energy Company PJSC(Masdar), has signed an agreement with Bapco Energies to jointly explore the development and investment in wind projects in the Kingdom with a capacity of up to 2 gigawatts (GW). Marking a strategic entry into the Bahrain market for the UAE’s clean energy champion, the agreement for near-shore and offshore wind farms is Masdar’s first in the Kingdom and will be the first project of its kind in the region and the Middle East. At up to 2GW, this clean energy collaboration will support the Kingdom of Bahrain to accelerat ..read more

Manama: Mahmood Rafique, Editor: Al Areen Holding Company, a leading real estate industry developer, has announced the launch of the Tilal project. The launch ceremony held under the patronage of Shaikh Mohammed bin Khalifa Al Khalifa, CEO of the Real Estate Regulatory Authority (RERA) coincided with Al Areen Holding’s launch of a special platform at Bahrain City Centre Bahrain, which opens from May 1 to 11, to promote the project and receive reservations for the first phase. Tilal residential project is located within the master plan of Areen. It consists of villas and townhouses featuring mo ..read more

Manama: Bahrain Islamic Bank (BisB), a leading provider of Islamic digital banking services, has extended support to the 22nd edition of AAOIFI’s Annual Sharia’a Boards Conference as Gold Sponsor. Supported by the Central Bank of Bahrain and organized by the Accounting and Auditing Organization for Islamic Financial Institutions, the two-day event opened on Sunday 28th 2024, at the Crowne Plaza Hotel. The Bank’s sponsorship comes as part of its social responsibility framework and emphasizes its ongoing efforts to spread its industry expertise and knowledge, as well as elevate the role of Islam ..read more

Manama: Bahrain Islamic Bank (BisB), the leading provider of digital banking services in the Kingdom of Bahrain, handed over the $100,000 quarterly prize to a Bahraini winner. The bank held a special event at Vida Beach Resort in Marassi Al Bahrain to honor Ebrahim Salman Ebrahim, the winner of the first quarterly grand prize of Tejoori Al Islami 2024 worth $100,000. The celebration was attended by Fatema AlAlawi, Chief Retail Banking Officer at Bahrain Islamic Bank (BisB), as well as officials and employees of the Bank. “We would like to congratulate Ebrahim Salman Ebrahim on winning the firs ..read more

Manama, Bahrain: April 23, 2024 – Bahrain Islamic Bank (BisB), the leading provider of Islamic digital banking services in the Kingdom of Bahrain, launched its second interactive promotional campaign for Tejoori Al Islamic account this year, which starts from 23rd and continues until the 27th of April, at City Center Bahrain near Gate No. 2. The campaign rewards the bank’s customers who visit the Tejoori Al Islami stand at City Center Bahrain Mall with the opportunity to win lucrative cash prizes if they open a new Tejoori account for themselves or top-up their balance in their existing Tejoor ..read more

Manama: Bahrain Islamic Bank (BisB) has signed a partnership agreement with Al Namal Contracting and Trading to provide exclusive financing offers for customers looking to purchase a property at “Al Rayyan Villas” in Jannusan Which was invested and developed by AL NAMALAL. This initiative underscores the Bank’s efforts to deliver exceptional real estate offers that meet the needs of beneficiaries under Mazaya and Tas’heel social housing schemes. This collaboration follows a series of partnerships recently conducted by BisB alongside a number of real estate developers with the aim of supporting ..read more

Manama: Bahrain Islamic Bank (BisB), the leading provider of digital banking services in the Kingdom of Bahrain, has launched “Win a month salary” new campaign for personal finance taking place from 15 April to 31 May 2024. The campaign highlights the bank’s ongoing efforts to facilitate money matters and offer customers simplified and diverse financing solutions. The campaign enables the bank’s new customers, or current customers who wish to top-up their existing financing by applying for new personal finance. Applicants will have the opportunity to enter a draw and become one of 5 winners to ..read more

Manama: Jood volunteer team at Bahrain Islamic Bank (BisB) organized its annual Ramadan initiative “Iftar on the Road” during the holy month of Ramadan. Team members, comprised of bank employees, distributed Iftar meals to drivers and road users at various major traffic intersections across all governorates of Bahrain. This initiative was a part of the bank’s ongoing efforts to support the community and promote collaborative initiatives, while also focusing on fostering solidarity, generosity, and the social values that define Bahraini society. Over 1,500 breakfast meals were distributed durin ..read more

Manama: Bahrain Islamic Bank (BisB) has partnered with Al Raha Real Estate to provide exclusive financing offers for customers looking to buy housing units at “Beaut Budaiya”, a project designed to offer exceptional housing opportunities for Mazaya social housing beneficiaries. Abdulla Yousif Bahzad, Senior Manager, Priority Banking, represented the bank during the signing of the agreement while Mohammed Asad Nashad represented Al Raha Real Estate. This partnership reflects the Bank’s commitment to delivering facilitated solutions that support national directives catering to the local housing ..read more

Manama: Mahmood Rafique, Editor: Shareholders of GFH Financial Group approved the payment of cash dividend of 6.2 per cent for the financial year of 2023. The came as GFH Group announced the successful conclusion of its Annual General Meeting (AGM), held at GFH House, Bahrain Financial Harbour, for the financial year ended 31st December 2023. GFH has more than US$21 billion of assets and funds under management including a global portfolio of investments in logistics, healthcare, education and technology in the MENA region, Europe, and North America. The AGM saw shareholders approve the Board o ..read more