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A service for banking industry professionals · Tuesday, February 7, 2023 · 615,684,190 Articles · 3+ Million Readers
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Central Bank of Bahrain News Monitoring

  • Published on Feb 6, 2023

    CBB Treasury Bills oversubscribed by 282%

    Manama, Feb. 6 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 282%.   The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.    The …

    Source: Bahrain News Agency - Gov't Propaganda
  • Published on Feb 4, 2023

    LMRA seeks technical support for Wage Protection System on AWS

    TDT | Manama                                         The Daily Tribune – www.newsofbahrain.com    The Labour Market Authority is looking forward to hiring technical support services for its Wage Protection System that runs on the Amazon Cloud Computing …

    Source: The Daily Tribune - News Of Bahrain - Pro-Government
  • Published on Feb 3, 2023

    4 Gulf Banks Raise Interest Rates by 0.25%, Qatar Holds

    The majority of central banks in the Gulf region raised the main interest rates on Thursday, following a decision by the US Federal Reserve to raise its key policy rate by 0.25%, in an effort to counter inflation. Qatar kept the interest rate unchanged, …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Feb 3, 2023

    UAE, Gulf banks raise interest rates

    Advertisement This decision was taken following the US Federal Reserve Board’s decision to increase the Interest on Reserve Balances (IORB) by 25 basis points…reports Asian Lite News The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate …

    Source: Asian Lite International - Neutral
  • Published on Feb 3, 2023

    One step closer to making UAE the region’s startup hub – Zurich Innovation Championship

    The fourth edition of the global startup competition aims at attracting startups looking to collaborate with Zurich on the future of insurance. Zurich launches the fourth edition of its global startup competition, the Zurich Innovation Championship. …

    Source: Middle East News 247 - Uncategorized
  • Published on Feb 2, 2023

    Saudi Arabia, UAE and Bahrain raise interest rates, while Qatar keeps them unchanged

    The Central Bank of Saudi Arabia, the Central Bank of Bahrain and the Central Bank of the United Arab Emirates have raised interest rates following the U.S. Federal Reserve’s eighth consecutive interest rate hike since March 2022. On the other hand, the …

    Source: Asume Tech - Uncategorized
  • Published on Feb 2, 2023

    UAE central Bank raises base rate by 25 basis points

    The Central Bank of the UAE (CBUAE) has decided to raise the base rate applicable to the overnight deposit facility (ODF) by 25 basis points – from 4.4 per cent to 4.65 per cent, effective from Thursday, February 2. This decision was taken following the US …

    Source: Gulf Business - Neutral
  • Published on Feb 2, 2023

    CBB Raises Key Interest Rate by 25 basis points

    Central Bank of Bahrain (CBB) has decided to raise its key policy interest rate  on the one-week deposit facility from 5.25% to 5.50%.    The CBB has also decided to raise the overnight deposit rate from 5.00% to 5.25%, the four-week deposit rate from 6. …

    Source: Trade Arabia - Neutral
  • Published on Feb 1, 2023

    Saudi, Bahraini central banks raise interests in line with US Fed's rate hike

    Thu 02-02-2023 01:12 AM ARAB CAPITALS, 1st February 2023 (WAM) – The central banks of Saudi Arabia and Bahrain increased their interest rates after the US Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday. The …

    Source: WAM Emirates News Agency - Gov't Propaganda
  • Published on Feb 1, 2023

    After US, Saudi Arabia and UAE raise interest rates, Qatar stays put

    Saudi Arabia and the United Arab Emirates raised interest rates on Wednesday following the US, while Qatar abstained from taking such step.   The US Federal Reserve earlier on Wednesday decided to raise its key policy rate by 0.25%, citing efforts to bring …

    Source: Al-Monitor - Label Pending
  • Published on Feb 1, 2023

    BisB Trains 55 University Students and Graduates

    Bahrain Islamic Bank (BisB), the leading provider of digital banking services in the Kingdom of Bahrain, revealed that it had trained 24 university graduates and 31 students in 2022. The Bank partnered with several universities, including University of …

    Source: BEntrepreneur - Neutral
  • Published on Feb 2, 2023

    Most GCC central banks raise interest rates tracking US Fed move; Qatar holds

    Central banks in the GCC raised interest rates on Wednesday night after the US Federal Open Market Committee (FOMC) delivered its eighth consecutive hike, albeit the smallest at 25 basis points (bps), as part of its continuing struggle to tame inflation. …

    Source: Zawya - Uncategorized
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