Latest in Tag: bahrain Highlight

Latest in Tag: bahrain


Bahrain’s Investcorp eyes extended growth after profit leap

Reuters – Bahrain-based investment company Investcorp expects 15-20% annual growth over the next five years, its chief financial officer said on Sunday after reporting a 53% increase in first-half net profit. Investcorp, which famously took luxury brands Gucci and Tiffany & Co public in the 1990s, made a net profit of $60.1m in the six …

Daily News Egypt

Bahrain aims for new business with Takaful, sukuk rules

Reuters – Bahrain’s central bank will release a new regulatory framework for Islamic insurance (takaful) this quarter, in an overhaul of standards which the regulator hopes will attract new business in a sector it helped to pioneer. The kingdom has been a major hub for Islamic finance in the Gulf but in the last few …

Daily News Egypt

Bahrain detains soccer teams and scores of players and athletes

By James M. Dorsey Bahrain has detained a soccer team as well as scores of other players and athletes since security forces squashed a popular uprising almost three years ago, according to human rights activists, journalists and officials. In one of the latest rounds of detentions, authorities last month arrested three soccer and two handball …

Daily News Egypt

Rat race in the desert, should Egypt be running?

By: Rasheed Hammouda As the Gulf’s major players compete to be crowned the region’s finance king, Egypt may end up benefitting from being left out of the race entirely The race to be MENA’s top financial hub has been heating up over the past few years, a race that Cairo has been noticeably absent from. …

Daily News Egypt