Tag: Bahrain
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Bahrain, India enter ‘air bubble’ accord
MANAMA: An air bubble agreement has been finalised by Bahrain and India to facilitate travel between the two countries, the Indian Embassy in Bahrain has announced. As per the arrangement, both Indian and Bahraini national carriers will be permitted to operate specified number of flights between India and Bahrain, the embassy said in a statement.…
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New oil pipeline launched between Bahrain, Saudi Arabia
Manama : A new oil pipeline was launched on Monday during a ceremony that was attended by leaders from Bahrain and Saudi Arabia. Bahrain’s King Hamad praised strong ties between the two countries as he launched the AB-4 pipeline to celebrate over 70 years of bilateral energy cooperation, Xinhua news agency reported. Saudi Crown Prince…
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25th Annual World Islamic Banking Conference officially started in Bahrain
Amwaj Islands (Bahrain) : The 25th Annual World Islamic Banking Conference (WIBC) officially kick-started with a stimulating IIFM Awareness Seminar that covered a broad spectrum of issues, focused on entrenching transparency in advancing sustainable growth in the Islamic Financial Market, on the 26th of November at the ART Rotana Hotel, Amwaj Islands, Bahrain. With a…
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Pakistan, Bahrain agree to boost up bilateral trade exchange
Islamabad : Pakistan’s Foreign Minister Shah Mehmood Qureshi and his Bahraini counterpart Sheikh Khalid bin Ahmed Al Khalifa on Tuesday agreed to reinvigorate economic and investment relations between their countries to boost the current bilateral trade volume of $310 million. The two sides expressed the commitment as Sheikh Khalid telephoned Shah Qureshi to congratulate him…
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CIBAFI submits recommendations to BCBS on implications of fintech developments for banks
Manama : Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, announced that it has submitted its comments on Tuesday to the Basel Committee on Banking Supervision (BCBS) on the Consultative Document on “Sound…
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Bahrain to host world Islamic banking conference in December
Manama : The 24th edition of World Islamic Banking Conference (WIBC), the world’s longest running Islamic banking conference, is set to return to Bahrain this December for three days, and will take stock of the most pressing issues affecting the global financial landscape. Middle East Global Advisors, a leading financial intelligence platform facilitating the development…
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CIBAFI submits comments to Basel Committee on Banking Supervision
Manama : Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General Council for Islamic Banks and Financial Institutions (CIBAFI) – the global umbrella of Islamic financial institutions – on Tuesday submitted its comments to the Basel Committee on Banking Supervision (BCBS) on the Consultative Document on “Simplified alternative to…