MANAMA, BAHRAIN – 12 October 2013 – Ithmaar Bank Acting Chief Executive Officer, Ahmed Abdul Rahim, announced today (ed note: 12/10/13) three key appointments.

Abdul Rahim appointed Abdul Hakeem Al-Mutawa as General Manager, Head of Retail and Private Banking, Abdul Rahman Al-Shaikh as General Manager, Head of Banking Operations, Information Technology and Administration, and Taimour Raouf as Senior Manager, Head of Marketing and Corporate Communications.

MANAMA, BAHRAIN – 28 August 2013 – Ithmaar Bank Chief Executive Officer and Member of the Board, Mohammed Bucheerei, will retire on 31 August 2013 and Ithmaar Bank General Manager, Ahmed Abdul Rahim, appointed as Acting Chief Executive Officer effective 1 September 2013.

Ithmaar Bank Chairman, His Royal Highness Prince Amr Al Faisal, who made the announcement earlier today (ed note: 28/08/2013), paid tribute to Bucheerei’s achievements over a more than forty-three year career, and congratulated Ahmed on his latest appointment.

MANAMA, BAHRAIN – 17 August 2013 – Ithmaar Bank, a Bahrain-based Islamic retail bank, once again provided its financial and moral support to the Bahrain Association of Banks, this time to help host a major event to promote Bahrain as a key financial hub in the Middle East.

Ithmaar Bank’s latest support for the BAB will help host the upcoming Banks in Bahrain reception which will be held as part of the annual International Monetary Fund (IMF) /World Bank meeting in Washington D.C., United States of America.

MANAMA, BAHRAIN – 14 May 2013 – Ithmaar Bank, a Bahrain-based Islamic retail bank announced today (ed note: 14/05/13) a return to profitability and reported a profit of BD540thousand for the first quarter of 2013, compared to a loss of BD170thousand in the same period last year.

The announcement, by Ithmaar Bank Chairman His Royal Highness Prince Amr Al Faisal, followed the review and approval, by the Board of Directors, of the Bank’s consolidated financial results for the three-month ended 31 March 2013.

MANAMA, BAHRAIN – 14 April 2013 – In line with its long standing commitment to playing a real and meaningful role in supporting the development of Bahrain’s banking and finance industry, Ithmaar Bank once again extended its support for a major Accounting and Auditing Organisation for Islamic Financial Institution (AAOIFI) conference which starts in Bahrain today (ed note: 15/04/13).