Nanama / Emirates Business A new report by KPMG has revealed that Bahrain enjoys some of the region’s lowest operating costs for financial services institutions. The report covered the average costs of a range of factors including commercial rental rates, occupancy cost, manpower cost, communication and utility expenses, in addition to the average cost of living. Financial sub-sectors that require …

Manama / Emirates Business Khaleeji Commercial Bank (KHCB), one of Bahrain’s leading Islamic retail bank, formally inaugurated the opening of a new branch located in Juffair Mall, Juffair. With the launch of the new branch the Bank now has a network of 11 branches in the Kingdom of Bahrain from which to deliver its innovative banking products and services. The …

Abu Dhabi / Emirates Business Al Hilal Bank is pleased to announce the dividend payout of its flagship fund, the Al Hilal Global Sukuk Fund. The Fund, which was launched in March 2012, distributed a 1.78% dividend to all registered unit holders as of January 27, 2016. Al Hilal Global Sukuk Fund’s objective is to generate a regular stream of …