Bahrain Clear, a wholly-owned subsidiary of Bahrain Bourse, held its first awareness session at Bahrain Bourse’s premises on Monday, 10th December 2018. The session was attended by more than 40 representatives from listed companies.

The session included a detailed presentation conducted by Mr. Abdulla Abdin, Bahrain Clear’s Senior Director of Operations. The presentation began with an introduction on the establishment of Bahrain Clear"...

Sharjah Finance Department signed yesterday on Monday, an agreement with Sharjah Islamic Bank to cooperate in banking services to be provided to clients of both sides, in the context of Making the payment service easer to the clients and enabling them to pay service charges and Government transactions easy and safe way.

The signing ceremony at the headquarters of the central finance Department between HE Waleed Al Sayegh, General Director of the central"...

As part of the ongoing efforts towards the development of the banking sector and promoting liquidity managment for conventional retail banks, the Central Bank of Bahrain (CBB) launched a new liquidity management tool ‘Interbank Repurchase’ (Inter-bank Repo) for the Government of Bahrain conventional securities denominated in Bahraini Dinars.

Through an Inter-bank Repo transaction; the bank which requires liquidity can sell its government"...

Kuwait Finance House – Bahrain (KFH-Bahrain) has announced the launch of a card campaign for all credit and prepaid cardholders starting from December 2018 and until the end of January 2019. Ten winners will receive up to BD1, 000 cash-back prizes. This exciting campaign gives cardholders the opportunity to enter a monthly draw for every BD20 spent within the Kingdom of Bahrain or internationally, as well as online.

On this occasion, Deputy"...

SINNAD S.P.C., the region’s leading card processing service provider, has successfully attained the latest version of the PCI Data Security Standard version 3.2 (PCI DSS V3.2) Compliance Certification for its platform in Bahrain.

The accreditation has been granted to SINNAD’s commitment towards strict international information security standards related to payment card industry and in recognition of its robust adherence to guidelines"...

National Bank of Bahrain (NBB) yesterday signed a Memorandum of Understanding (MOU) with KP Real Estate SPC, a leading Bahrain based real estate developer, to provide home financing for the company’s Janayin Al Hamala project. With this agreement, NBB will offer to finance for the purchase of villas in the project which includes 148 readyfor-sale residential villas.

Bank staff will work closely with applicants providing personalized services"...

National Bank of Bahrain (NBB) announced 15 lucky winners of its flagship “AlWatani Savings Scheme” for the month of October 2018 totaling US$100,000. The details of the lucky winners are available on the Bank’s website www.nbbonline.com.

The new enhanced prizes of the 2018 AlWatani Savings scheme provides customers the chance to win an even bigger array of valuable prizes. This includes a generous amount of monthly cash prizes"...

Manama, Nov. 27 (BNA): CEO of the Supreme Council for Environment (SCE), Dr. Mohammed bin Deina, today received Regional Director Issam Abu Sulaiman of the International Bank for the Gulf Cooperation Countries and the accompanying delegation.

A number of projects the SCE implementing supported by the Finance Ministry and International Bank were discussed, in addition"...

Waqfe, a leading Bahrain-based FinTech solutions provider, will be facilitating 750 internships for the Bahraini youth to train them in mastering diverse skills across all industry sectors. Developing these skills are required for a rapidly developing global digital transformation, and jobs for the future. This initiative is aimed at accelerating the development of the local talent pool and making them resilient to a fast paced, digitized economy. Waqfe’s Internship Program will be using the support to create over 5,000"...

BBK, Bahrain’s pioneer in retail and commercial banking, announced that it has signed a Memorandum of Understanding (MOU) with Naseej BSC©, commencing a strategic partnership agreement, through which BBK will provide mortgage financing to the customers of the Canal View project located in Dilmunia Island.

One of the leading property developers in Bahrain, Naseej BSC© offers a range of real estate products to property purchasers both"...