Gulf Finance House, the Bahrain based Islamic investment bank, today announced the signing of two development agreements for real estate development in India.
Saudi Arabia's government plans to sell a 15 percent stake in National Commercial Bank, the country's largest lender by assets, in an initial public offer that would be the kingdom's first bank IPO since 2008.
Bahrain-based Gulf Finance House , whose unit is in the process of selling a majority stake in English soccer club Leeds United, said on Sunday its fourth-quarter net profit more than doubled due to revenue derived from investments.
First Gulf Bank said it expects a trio of forces – Dubai’s mandatory health insurance, the UAE’s economic growth and product innovation – will help to more than quadruple the insurance premiums it collects to US$1 billion a year.
The Waqf Fund, a Bahrain-based special fund to support Islamic finance training, education and research, has joined hands with University of Bahrain to provide financial support to its 4-year Bachelor degree in Shari'a for Banking & Finance progr