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Bahrain

BENEFIT records $77.1 billion in electronic transactions in 2023

All Fawri+ transactions reached a volume of nearly 335 million, a 37% increase from the previous year

AFS, Xpence partner to innovate SME finance in Bahrain

The alliance is poised to deliver unparalleled financial control and efficiency to Bahrain’s burgeoning SME sector

Central Bank of Bahrain issues new ESG reporting framework

The framework provides listed companies with guidelines on the reporting requirements for ESG factors

GFH Financial Group posts $78.9 million in nine-month profit

The group’s total assets increased by nearly 8% to reach $10.54 billion in the nine months to September 30 from $9.76 billion in December 2022

BENEFIT acquires Bahrain Fintech Bay to foster robust fintech ecosystem

The partnership brings together Bahrain’s leading fintech market players to develop a more systematic and institutional framework

Bahrain issues new licenses to expand scope of family offices

The regulations were developed to suit the business models of family offices that provide services to multiple wealthy families

NBK – Bahrain posts KWD 51.7 million in H1 2023 profit

NBK Group possesses a unique advantage as a result of its extensive geographical footprint

GFH Financial Group posts $54.62 million in half-year profit

Major contributions included income generated from the placement of the group’s global and regional investments, commercial banking business and treasury activities

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