Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.
Nabeel Rajab was sentenced in 2012 to two years in prison for cases related to organising and participating in protests.
Ibdar was launched as a brand on Monday following the merger of Capivest, Elaf Bank and Capital Management House.
Zain Bahrain must float 15 per cent of its shares and list on Bahrain’s bourse by year-end.
The two Gulf nationals tried to enter Bahrain with forged passports through King Fahd Causeway.
Salah Nooruddin will join GFH’s board of directors following the stake acquisition.
Several vehicles were destroyed but no one was hurt in the explosion outside a Sunni Muslim mosque in al-Riffa.
Alba’s income was boosted by a seven per cent increase in sales to 183.3 million dinars, with strong demand from Saudi Arabia.
Victor Dahdaleh is accused of making corrupt payments of over $63 million to the former chairman of Alba.
Six others were sentenced to 15 years in jail on charges of setting up a militant cell linked to Iran’s Revolutionary Guard.
Sheikh Ali Salman was released on Sunday after five hours of interrogation about an opposition display.
Khaled Kawan replaces Hassan Ali Juma, who retired from the bank in July
The tiny kingdom’s banking industry was hit hard by the global financial crisis and, since 2011, by political unrest.
The Gulf state has reportedly has plans to buy 1.6 million canisters of the material.
Gulf Air hopes its new daily evening service will appeal to ‘new Dubai’ residents
The lender said the shares were converted at a price of 74.8 US cents per share
Khalil al-Marzouk was detained in mid-September by police investigating what authorities called his promotion of terrorism.
Gross domestic product had expanded 2.5 per cent quarter-on-quarter in the first three months of 2013.
Bahrain has seen almost daily protests by members of the Shi’ite majority since February 2011.
The 350,000-barrel per day oil link between the two countries is expected to be commissioned by the third quarter of 2016
Arcapita’s plan will see it transfer its assets into a new holding company which will dispose of them over time to pay off creditors.
Khalil al-Marzouq, of the opposition Al Wefaq party was summoned by the police and is expected to face legal charges.
Investcorp buys stake in Saudi-based Leejam, a health and fitness club company that operates the Fitness Time brand.
Islamic lender Al Salam will exchange 11 of its shares for each BMI Bank share.
The new credit facility covers about half of a $500 million five-year loan which the fund had signed in August 2008.
He will be replaced by Ahmed Abdul Rahim, currently general manager, as acting head.
The island’s once vibrant economy was paralysed by violent pro-democracy protests which deterred foreign investment and crimped tourism. Where does it stand today?
Police stayed away from the march, which was organised by the country’s main opposition parties.
Skrill, an online payment system in Europe, was sold to funds advised by CVC Capital Partners.
Activists in the Kingdom have been demanding more democratic reform for two and a half years.