Friday 6 May 2016
 
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Bahrain to discuss bank regulations with US

Bahraini authorities will discuss with the US Treasury the problem of international banks becoming reluctant to deal with banks in Bahrain and the Gulf because of tight US regulation, Bahrain's central bank governor said on Tuesday.

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Trade in t-bills at Bahrain Bourse begins with 11 listings

Bahrain Bourse (BHB) has launched the ‘Treasury Bils Market,’ with the listing of 11 issues in the market issued by the Central Bank of Bahrain.   It was launched under the patronage and presence of R

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BHB adopts treasury bills trading guidelines

Bahrain Bourse (BHB) has adopted guidelines on the trading of treasury bills (t-bills) in its market.   Shaikh Khalifa bin Ebrahim Al Khalifa, chief executive officer, said the t-bills market is one of the joint

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Bahrain Bourse launches market for treasury bills

Bahrain Bourse has launched the Treasury Bills Market, adding it to the markets for trading.   Yusuf Abdullah Humood, BHB’s chairman, said that in this market, Treasury Bills issued by the Government of Bah

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CBI appoints new head of treasury

Commercial Bank International (CBI) has appointed Omar Khan as its head of treasury.    Khan will be responsible for liquidity, capital management and markets activities, reporting directly to the chief exec

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UAE Exchange in tie-up to automate treasury

UAE Exchange, a leader in global remittance and foreign exchange solutions, has tied up with SunGard, a top financial software company, to fully automate its treasury operations in a bid to boost its operational growth globally. T

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Etihad wins three major treasury awards

Etihad Airways’ Treasury department clinched three major awards in this month - two in the UAE at the Association of Corporate Treasurers Middle East (ACT ME) annual awards, and one in the UK at the Adam Smith awards. The Ab

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Egypt to issue $950m 1-year Treasury bill

Egypt plans to issue a $950 million one-year Treasury bill open to both local banks and international financial institutions next week, the central bank said on Thursday. It said the auction deadline was January 12, and the dollar

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Taqa appoints Shamsi as VP of treasury

Abu Dhabi National Energy Company (Taqa) has appointed Suhail al-Shamsi as group vice president of treasury and member of the company's global management team, it said on Sunday. Shamsi, who joined Taqa in 2010, takes over the

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Rule change makes firms vulnerable to US sanctions

Companies even partly owned by individuals sanctioned by the US government could find themselves blacklisted as the result of a rule change announced on Wednesday by the Treasury Department. Treasury, which is responsible for applying a

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