• World Islamic Banking Conference
Geely not planning more automotive deals

Geely not planning more automotive deals

Frankfurt : Li Shufu, owner of China’s Geely, has no plans to buy further stakes in carmakers after building up a holding of almost 10 percent in Daimler, he told a German newspaper. “Currently we have no plans for further purchases. We will concentrate for now on the development of existing holdings. There are many ideas, and there is much to do,” Bild am Sonntag quoted Li as saying in an interview. 





Loman, Efrain show mutual respect

Loman, Efrain show mutual respect

MMA is known for intensive rivalries that had often transcended beyond the sport from time to time. Stephen Loman from Philippines will be defending his Bantamweight world championship title at Brave 18 taking place on 16th November in

GFH profit rises 18.6pc

GFH profit rises 18.6pc

GFH Financial Group yesterday reported an 18.6 per cent increase in ninemonth net profit helped by continued growth and stronger contributions from its core investment banking business and other related investment income. Net profit at

APM commences IPO

APM commences IPO

Bahrain’s BD11.880 mn APM Terminals IPO has met with positive investor appetite said SICO in a statement saying, “we look forward to closing with a fully-subscribed offering.” The offer period for the APM Terminals Ba

Ithmaar reports profit

Ithmaar reports profit

I thmaar Holding, a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank, a Bahrain-based Islamic retail bank, each announced their financial results for the third quarter of 2018 with both reporting profi