Bahrain Banking Industry Newswire

HSBC to sell Bahrain retail banking operations as restructuring progresses

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank. The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBK, which …

HSBC to sell Bahrain retail banking unit to Bank of Bahrain and Kuwait

(Reuters) - HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank. The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to Bank of Bahrain and …

The Arab Energy Fund mandates banks on Reg S USD 5-year bond

The Arab Energy Fund (TAEF) has mandated banks to arrange a series of fixed income investor calls on Tuesday, 18 February 2025. A benchmark USD-denominated Regulation-S offering with a five-year tenor is expected to follow, subject to market conditions. …

Malaysia sees stronger trade ties with Bahrain as PM Anwar begins official visit

KUALA LUMPUR, Feb 18 — Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023. Malaysia’s total exports to Bahrain increased by 17.4 per cent to RM251.2 million (US$ …

PM Anwar’s Bahrain Visit To Strengthen Bilateral Ties And Extend ASEAN Summit Invitation

By Harizah Hanim Mohamed KUALA LUMPUR, Feb 18 (Bernama) – Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023. Malaysia’s total exports to Bahrain increased by 17. …

PM Anwar’s Visit To Bahrain To Usher In new Chapter In 50 Years Of Diplomatic Ties

From NIk Nurfaqih Nik Wil MANAMA (BAHRAIN), Feb 18 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Bahrain, beginning tonight, marks a new chapter in Malaysia-Bahrain diplomatic relations, which celebrated their 50th anniversary …

Bahrain Fintech Bay receives Future Fit Seal award at WGS 2025

Bahrain Fintech Bay (BFB), the Kingdom’s fintech ecosystem builder, which is strategically supported by the Bahrain Economic Development Board (Bahrain EDB), has received the Future Fit Seal award during the World Government Summit 2025 (WGS 2025). The …

'It is very annoying' - Scottish golfer forced to sit out Kenya Open

Ewen Ferguson targets Singapore for return as he struggles with neck issue Ewen Ferguson’s frustrating spell since being in the final group for the last round of the Hero Dubai Desert Classic just over a month ago has led to a planned appearance in this …

Most Gulf markets rebound from US tariff fears

Most stock markets in the Gulf ended higher on Tuesday, rebounding from falls triggered by ongoing uncertainty surrounding U.S. President Donald Trump’s plans for tariffs on imports. Since taking office last month, Trump has imposed a 10% tariff on imports …

Bahrain Fintech Bay Recognized for Fintech Excellence with Future Fit Seal Award

Bahrain Fintech Bay (BFB) received the Future Fit Seal award during the World Government Summit 2025 held in Dubai, recognizing Bahrain’s excellence in the fintech and digital innovation landscape.  The award was presented by Sheikha Latifa, Chairperson of …

Driving Bahrain’s Cashless Future: An Exclusive Interview with Visa’s Malak AlSaffar

While Bahrain has emerged as a leader in digital payments, outpacing many of its regional counterparts, a recent report on Bahrain by Visa highlighted that 17% of financial transactions continue to be cash-based. The number, although small, uncovers the …

Non-oil industries fuel 85% of Bahrain’s economy as National Action Charter pays off

TDT | Manama Email: mail@newsofbahrain.com Bahrain’s non-oil industries now drive 85 per cent of the economy, a sharp break from the days when oil ruled the roost. The shift, years in the making, stems from a drive to broaden the country’s income since the …

BENEFIT Bahrain hosts delegation from Banque du Liban

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has welcomed a high-level delegation from the Banque du Liban, the Central Bank of Lebanon, led by Governor Wassim Manssouri and Deputy Governor …

Kuwait’s KFH to buy Bahrain’s Ahli United in $11.6bn deal

Emirates NBD mandates banks for six-year AT1 issuance

Emirates NBD has mandated banks for a US dollar Reg S perpetual non-call six-year AT1 capital issuance, subject to market conditions. The UAE’s second largest lender, which is rated A2 positive by Moody’s and A+ stable by Fitch, has mandated ADCB, BofA …

Mideast Stocks: Gulf markets end mixed on concerns over Trump tariff plans

Stock markets in the Gulf ended mixed on Monday as investors remained on edge, awaiting further details on U.S. President Donald Trump's reciprocal tariff plans and fearing a potential escalation of global trade tensions. Trump on Friday revived his …

Aurangzeb participates in key debate at Saudi Arabia’s Al-Ula moot

<p>AL-ULA: The two-day Emerging Markets Conference-2025 comme­nced here on Sunday, bringing toge­ther finance ministers, central bank governors, policymakers and economic experts from around the world.</p> <p>Federal Minister for …

Aurangzeb participates in key debate at Al-Ula moot

AL-ULA: The two-day Emerging Markets Conference-2025 comme­nced here on Sunday, bringing toge­ther finance ministers, central bank governors, policymakers and economic experts from around the world. Federal Minister for Finance and Revenue Senator Muhammad …

People’s Leasing announces three new appointments to Board

Bradley Emerson and Anura Perera join as Non-Independent Non-Executive Directors; S. Sudarshan as an Independent Non-Executive Director People’s Leasing and Finance PLC has announced the appointment of two Non-Independent Non-Executive Directors Bradley …

AI is No Longer Optional - Entara’s New Automation Services Give Businesses a Competitive Edge

CHICAGO, IL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Entara, a leading managed IT and cybersecurity provider, has officially launched a new business process automation service. As part of this offering, Entara will work with small …

Penn River Collaborates with NTT DATA on Variable Annuity Implementation

Penn River and NTT DATA have announced the implementation of Penn River's cloud-native Policy Administration System for a variable annuity product. NEWTOWN SQUARE, PA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Penn River, Inc., …

Ignition debuts first-to-market AutoPricing to automate growth for services businesses

SAN FRANCISCO, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Ignition, the leading revenue operations platform for services-based businesses, today introduced AutoPricing, a suite of industry-first pricing automation capabilities …

Innoculator version 1.0 released

What happens when you combine AI with virtual patching? You solve the vulnerability and legacy software problem. MELBOURNE, VICTORIA, AUSTRALIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- After a year of dedicated development, we are thrilled to …

Black Unicorn Factory Introduces New Model for Venture Capital and Economic Inclusion

Black Unicorn Factory pioneers an innovative approach to venture capital, empowering underrepresented entrepreneurs and expanding economic inclusion LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The Black Unicorn …

Eric Cook Honored as 2024 IFA Franchisee of the Year

PRUDENVILLE, MI, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Eric Cook, agency owner and proud member of the WSI global digital agency network, has been named a 2024 Franchisee of the Year by the International Franchise Association ( …

Goodwill Industries of Dallas Announces New Vice President of Marketing

DALLAS, TX, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE Goodwill Industries of Dallas is excited to announce the appointment of Alexandra Mazzi as its new Vice President of Marketing. A seasoned marketing …

TaxZerone Reminds Businesses to File Form 7004 for a Tax Filing Extension

TaxZerone Offers Businesses a Simple, Secure, and Affordable Way to Extend Tax Filing Deadlines with Form 7004 SAN JOSE, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The tax season for businesses is now upon us, and with the …

TENEX.AI Announces Cybersecurity Veteran Jason Zann as Strategic Advisor

TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- TENEX.AI, an AI-native cybersecurity company redefining enterprise security, today announced that Jason Zann has joined its advisory board. A recognized leader in threat …

servicePath™ Recognized as a Major Player in the IDC MarketScape for CPQ Applications for Digital Commerce

servicePath™ named Major Player in IDC MarketScape for CPQ, reinforcing its leadership in simplifying complex sales and driving revenue growth for enterprises. BURLINGTON, ONTARIO, CANADA, February 18, 2025 /⁨EINPresswire.com⁩/ -- servicePath™ …

PPC LOAN Joins The Wealth Engineering Expert Sourcing Consortium

The Wealth Engineering Family of Companies (WE) is pleased to announce its inclusion of PPCLoan as an exclusive core component of its Expert Sourcing Consortium LAKE MARY, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Lake Mary, FL, …

Colorado Local Businesses Brings Directory for Small Businesses to Colorado

Colorado’s Thriving Small Business Community Now Has a Dedicated Online Platform BROOMFIELD, CO, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Colorado’s thriving small business community now has a dedicated online platform with the …

Helping Indians Choose Smarter: WalletWalk’s Approach to Credit Card Comparisons

HYDERABAD, INDIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- WalletWalk Helps Indian Consumers Unlock Maximum Value from Their Credit Cards Millions of Indians own credit cards, but how many are truly maximising their benefits? From travel perks …

Dwinity reveals digital twin of a human and first decentral data back-up at Web Summit Qatar 2025

Dwinity introduces its new approach to data ownership: This platform allows users to securely store their data, far from the control of major tech companies. GRüNWALD, BAVARIA, GERMANY, February 18, 2025 /⁨EINPresswire.com⁩/ -- In a world where …

Construction Firms Eliminate Multi-Entity Financial Headaches with hh2’s Enhanced Sage Intacct Integration

hh2 automates multi-entity financials in Sage Intacct, eliminating manual adjustments, reducing errors, and ensuring ERP flexibility as contractors scale. KAYSVILLE, UT, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Managing financials …

investorTV to Host Live Panel: '2025 Market Outlook: Gold, Commodities, and the Global Economy' on February 21, 2025

This live panel discussion will feature industry leaders sharing insights into gold’s record performance, commodity market dynamics, and global economic trends. SINGAPORE, February 19, 2025 /⁨EINPresswire.com⁩/ -- investorTV, a digital platform …

Angela Buckalew: A Trusted Expert in AED Training and Emergency Preparedness

Angela Buckalew, CEO of CorVita, is a leader in AED training, emergency response, & AED innovation—saving lives through education & technology. CINCINNATI, OH, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Angela Buckalew: A …

Renew Financial Expands Residential PACE Financing to Unincorporated Hillsborough County

Homeowners in unincorporated Hillsborough County can now access residential PACE financing, joining over 154 other Florida jurisdictions. TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Renew Financial, the pioneer and a …

Infocepts Explores the Art of AI and Personalization at Starbucks in New Podcast Episode

Megan Brown of Starbucks shares insights on addressing AI’s transformative potential, and driving personalization in global organizations on Infocepts podcast. WASHINGTON, DC, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Infocepts’ …

BUUZ App for iOS Ushers in New Era for the Discovery and Sharing of Events in Los Angeles

LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- BUUZ, a new AI-powered application from BUUZ Inc., is disrupting the event space by offering a new way for users to find, attend and share events in Los Angeles. Leveraging …