24x7 News » January 31st, 2012 News Article posted on “January, 2012”

BBK Al Hayrat emerges as a ‘sustainable’ product

A.Karim Bucheery, BBK CE

BBK Al Hayrat Saving Scheme, which now offers a total prize of $1.5 million, has emerged as financially viable product, according to a bank’s top official. Abdul Karim Bucheery, Chief Executive of BBK, who presented half a million US dollar cheque to a winner of Al Hayrat Saving Certificate Scheme, said initially the scheme was [...]

January 31st, 2012 | Posted in Banking & Finance | Read More »

A Bahraini woman wins BBK $500,000 jackpot

BBK Chief Executive Abdul Karim Bucheery with the winner of $500,000 prize

BBK, Bahrain’s pioneer in retail and commercial banking, has made the announcement everyone has been waiting for, the winner of the grand prize draw of $500,000. The draw, in Al Hayrat’s 10 year Anniversary, offered Bahrain’s biggest single lump sum cash prize of $500,000 and was carried out on the 18th January 2012 under the [...]

January 31st, 2012 | Posted in Bahrain News | Read More »

KHUH opens on 6th February

Bahrain Defence Force (BDF) is readying for the opening of King Hamad University Hospital in Muharraq. The hospital is due to open early next month under the patronage of His Majesty King Hamad bin Isa Al Khalifa, the BDF Supreme Commander. Management of the hospital will be by the BDF Royal Medical Services staff, under [...]

January 31st, 2012 | Posted in Bahrain News | Read More »

Retail sales top $3.94t in one year

An aggregate sales of the top 250 reached $3.94 trillion in one year from June 2010 to June 2011, according to a Deloitte report. The world’s 250 largest retailers recorded sales growth in excess of 5 per cent (between June 2010 and June 2011), according to the 2012 Global Powers of Retailing report from Deloitte, [...]

January 31st, 2012 | Posted in Regional | Read More »

RUW students explores learning opportunities in UK

A total of 24 students from the Faculty of Art and Design embarked on a nine days educational trip to London, UK where they were given the opportunity to experience living in one of the world’s great creative capitals – its galleries, theatres and museums a of course their Art and Design programs. Shaikha May [...]

January 31st, 2012 | Posted in Bahrain News | Read More »

Safety of Police is my responsibility: Interior Minister

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Bahrain’s Minister of Interior, Lieutenant-General Shaikh Rashid bin Abdullah Al Khalifa, emphasized the importance of the role played by the police in protecting the security of the Bahraini people, praising their calm and patience in dealing with the increasing number of violent incidents during unlawful protests. The Minister described the difficulties faced by the police [...]

January 31st, 2012 | Posted in Bahrain News | Read More »

Solidarity Group’s associate secures B++ rtaing

First Insurance a Jordanian associate company of one of the largest Takaful groups in the world, Solidarity Group Holding, was assigned financial strength rating of B++ and insurer credit rating of “bbb” by A.M. Best Europe, with stable future outlook. “We are justifiably proud that First Insurance is the first Islamic insurance company to receive [...]

January 31st, 2012 | Posted in Banking & Finance | Read More »

Massive investments usher in new era in Saudi

Regional Editor Oliver Cornock addressing the Press conference

The massive investment Saudi Arabia is making in major developments across the sectors of its economy, including housing, transport and oil refinery projects, is given wide-ranging coverage in a new report just published by Oxford Business Group (OBG). The Report: Saudi Arabia 2012 provides in-depth analysis of the Kingdom’s spending initiatives under the Ninth Development [...]

January 31st, 2012 | Posted in Banking & Finance | Read More »

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