Company News

Alba holds stakeholder meeting for Line 6 project

(Trade Arabia - 5/14/2018 5:42:00 AM)

Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, today (May 13) held its first Stakeholder Exhibitions Meeting (SEM) for its Line 6 Expansion Project, at the Awal Ballroom, Gulf Hotel, Manama.

In line with the requirements of the ...

Ithmaar Bank launches eBanking service

(Trade Arabia - 5/14/2018 5:40:00 AM)

Ithmaar Bank, a Bahrain-based Islamic retail Bank, has launched its new state-of-the-art eBanking service, which offers customers a faster, friendlier and more secure online banking experience.

The revamped Ithmaar Bank eBanking services ...

Nakheel floats piling works tender for Palm360

(Trade Arabia - 5/14/2018 5:38:00 AM)

Leading UAE developer Nakheel has invited tenders for piling and enabling works at Palm360, its iconic, two-tower luxury hotel and residential landmark project coming up on a 500,000-sq-ft area in Palm Jumeirah.

The news comes as Nakheel ...

KFH-Bahrain launches new online bank

(Trade Arabia - 5/14/2018 5:36:00 AM)

Aiming to gain more clout in the cyber world, banks in Bahrain have started offering full-fledged digital services, and customers could be months away from seeing an entirely digital bank away from the traditional brick and mortar.

First it was ...

Adnoc unveils $45bn downstream investment plan

(Trade Arabia - 5/14/2018 5:30:00 AM)

Abu Dhabi National Oil Company (Adnoc) has unveiled plans to invest Dh165 billion ($45 billion) alongside partners, over the next five years, to become a leading global downstream player, enabling it to further stretch the value of every barrel it ...

KIPCO reports net profit of KD 5.64mn for Q1

(Arab Times - 5/14/2018 5:29:00 AM)

KIPCO — the Kuwait Projects Company (Holding) — announced a net profit of KD 5.64 million ($18.8 million), or 1.53 fils per share ($0.51 cents), for the first three months of 2018, an increase of 11 percent over the KD 5.07 million ($16.9 million) ...

ANB announces net profit of $217.7m in Q1

(Saudi Gazette - 5/13/2018 8:46:00 AM)

ARAB National Bank reported a net profit of $217.7 million for the first quarter of 2018 compared to $204.8 million for the same period last year, an increase of 6.3% and total operating income for the first quarter of 2018 reached $408.8 million ...

QNB named ‘Best Bank in Qatar’ by Euromoney magazine

(Gulf Times - 5/13/2018 8:36:00 AM)

QNB has been named ‘Best Bank in Qatar’ by global banking sector publication, Euromoney magazine, marking a new recognition of the bank’s leadership in the local banking market.

The award was received during the distinguished ‘Euromoney Middle ...

OAB conducts third module of key development programme

(Times of Oman - 5/13/2018 8:30:00 AM)

Following the launch of the second edition of the “Leadership Enhancement And Development” (LEAD) talent programme last year, Oman Arab Bank (OAB) has announced that 20 qualified LEAD candidates have now completed the third module, titled “Performance ...

In conversation with the Call Centre, Bank Muscat

(Oman Daily Observer - 5/13/2018 7:52:00 AM)

The Call Centre has a calm ambience but the call centre staff are in conversations with customers each with a query that is unique to them. A digital monitor indicates in colours the number of calls that are currently online and the duration of each of ...