BBK reports increase in net profits for 9 months ended Sept. 30

BBK's Board of Directors released their financial results of the nine month period ending Sept. 30. The results showed a net profit of $40.3 million, an increase of 8 percent over last year's $37.3 million over the same period. The growth in net profits was primarily derived by fees and commission income, and by the end of the third quarter, it increased its provisions reserve. Read More »

Gulf Air partners with ACP to offer passengers online rail tickets

As part of arrangement, ACP Rail is offering domestic train e-tickets in London, Eurostar e-tickets to Paris and Brussels, and BritRail Passes for travel throughout England, Scotland and Wales. German Rail Pass tickets are also available for Gulf Air travelers arriving in Frankfurt, and Eurail Passes can be purchased by customers flying into Paris, Athens and Istanbul. Read More »

Alba set to exceed production growth goals for the year

Aluminium Bahrain (Alba), the Gulf nation’s leading aluminum smelter, is set to exceed its annual production growth targets, an announcement that came at the company’s third quarter meeting in a statement from Alba’s Chairman Daij Bin Salman Bin Daij Al Khalifa; that announcement comes as the company continues its Line 6 Expansion Project, which will allow the company to massively increase output even more in coming years. Read More »

Bahrain Institute of Banking and Finance partners with England's University of Salford

The University of Salford in the U.K. has announced that it will be partnering with the Bahrain Institute of Banking and Finance (BIBF) to launch a number of collaborative academic initiatives between the Kingdom of Bahrain and the U.K., made official by the two institutions' Memorandum of Understanding (MoU) that the university will become a BIBF academic provider of choice. Read More »

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