20/11/2017 19:22 AST

Ithmaar Group, which consists of Ithmaar Holding and its two wholly-owned subsidiaries, Ithmaar Bank, a Bahrain-based Islamic retail Bank, and IB Capital, a Bahrain-based Islamic Investment firm, commissioned the Bahrain Institute of Banking and Finance (BIBF) to deliver an interactive workshop for members of the Group's Board of Directors and Executive Management teams.

The workshop, which was designed to highlight the importance of good corporate governance while reinforcing Ithmaar's principles of high-quality governance, aimed to help protect and further grow shareholder value. The workshop was delivered by Seamus Gillen, the founder and Director of Value Alpha Limited, a governance advisory service with significant experience in delivering such programmes.

Ithmaar Group Chief Executive Officer, Ahmed Abdul Rahim, who stressed the critical importance of corporate governance, thanked BIBF Director, Dr. Ahmed Al Shaikh and the BIBF team for their arrangement of such an engaging workshop.

"The workshop allows members of our Board of Directors and Executive Management teams the opportunity to further reinforce their understanding of corporate governance principles," said Abdul Rahim.


News of Bahrain

Ithmaar's achievement paving way for group's transformation

27/03/2018

Ithmaar Holding B.S.C. hosted on Monday its Annual General Meeting (AGM) and the consolidated financial statements for 2017 were approved. The meeting was chaired by Ithmaar Chairman Prince Amr Al F

Saudi Gazette

Ithmaar eyes return to sustainable profitability

27/03/2018

Ithmaar Holding hosted its Annual General Meeting (AGM) where its consolidated financial statements for 2017 were approved. The meeting was chaired by Ithmaar chairman, Prince Amr Al Faisal, and atte

Gulf News

Ithmaar Holding swings into net loss in 2017

27/02/2018

Ithmaar Holding said it swung into a net loss in 2017 even as total income fell.

The company reported a net loss of $72.40 million (Dh266 million) in 2017 compared to net profit of $13.80 m

Gulf News

Ticker Price Volume
NAYIFAT 13.94 229,739
RIBL 24.84 6,676,931
ABC 0.35 370,000
DIC 2.07 2,049,713
ALRAJHI 85.00 7,711,297
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 407.00 -5.90 (-1.43%)
FAB 13.58 -0.18 (-1.31%)
EMIRATESNBD 20.35 0.10 (0.49%)
DIB 6.28 0.08 (1.29%)
ADCB 8.68 0.00 (0.00%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula