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The Gulf Insurance Group announced a net profit of KD 9.8 million (USD 32.3 million), or 34.56 fils per share, for the first quarter of 2022, compared to a net profit of KD 5.5 million (USD 18.1 million) for the same period last year.The company said i…
Central Bank of Kuwait (CBK) announced on Monday allocating bonds and “tawarruq” at the value of KD 160 million (around USD 528 million).The CBK issued a statement saying that the maturity period is six months, with a yield rate of 2 percent.The centr…
Housing Minister, Bassim bin Yacoub Al-Hamar, has affirmed Bahrain’s pride in its long-standing successful partnership with the United Nations Human Settlements Programme (UN-Habitat) to implement UN initiatives, foremost of which is the implementation…
Bahrain has invested BD3.3 billion to finance social housing projects since the establishment of the Ministry of Housing. The partnership between the public and private sector is expected to further boost housing projects over the coming years, said Ho…
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