Latest news with #KhalidHumaidan
Zawya
7 days ago
- Business
- Zawya
Central Bank of Bahrain signs MoU with National Bank of the Kyrgyz Republic
Manama, Bahrain: The Central Bank of Bahrain announced the signing of a Memorandum of Understanding (MoU) with the National Bank of the Kyrgyz Republic. The MoU was signed by HE Khalid Humaidan, Governor of the Central Bank of Bahrain, and HE Melis Turgunbaev, Chairman of the National Bank of the Kyrgyz Republic. Commenting on this occasion, HE Khalid Humaidan said: "We are honored to embark on this official partnership, which represents a strategic step toward strengthening bilateral relations and expanding opportunities for the advancement of the financial services sector, contributing to the growth and prosperity of both brotherly nations. We remain firmly committed to fostering such partnerships as part of our ongoing efforts to support the financial services ecosystem and to further solidify the Kingdom of Bahrain's position as a leading global financial center."
Zawya
19-05-2025
- Business
- Zawya
CBB Governor participates in Shura Council Forum on Inclusive and Sustainable Economic Development
Manama, Bahrain: HE Khalid Humaidan, Governor of the Central Bank of Bahrain (CBB), took part in the 'Towards Inclusive and Sustainable Economic Development' Forum hosted by the Shura Council. The event was attended by HE Ali bin Saleh Al Saleh, Chairman of the Shura Council, and HE Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, alongside various ministers and industry professionals from the public and private sectors. HE the Governor shared his insights in a panel discussion on national development efforts carried out under the Kingdom's Economic Vision 2030, including the Economic Recovery Plan and strategies to strengthen growth in priority sectors. Through his participation, HE highlighted the CBB's role in driving economic development and achieving sustainable economic growth. During the session, HE Khalid Humaidan underscored the financial sector's 17% contribution to the GDP, making it a prime sector for foreign direct investments, in addition to delivering the highest salary rates for around 14,800 employees. HE stated that establishing an innovative, local regulatory environment requires greater investment in digital transformation, human capital growth, and skills development. He also noted the importance of developing regulatory systems that achieve a balance between stability and innovation. HE discussed the CBB's efforts to support the digitalization of the financial system by developing dedicated supervisory systems and enhancing payment and settlement efficiencies. In addition to adopting the highest governance, compliance and consumer protection standards thereby building trust between all parties. He emphasized the importance of attracting investors to facilitate digital transformation, while creating a supportive technical infrastructure to elevate the quality of financial services in Bahrain. This participation reflects the CBB's strategic directive to engage in ongoing dialogue on issues relating to economic and financial sector growth.
Zawya
11-03-2025
- Business
- Zawya
The BIBF Board of Directors olds its first meeting of the year
Manama, Bahrain: The Board of Directors of the Bahrain Institute of Banking and Finance (BIBF) held its first meeting of 2025, chaired by His Excellency Mr. Khalid Humaidan, Governor of the Central Bank of Bahrain and Chairman of the BIBF Board. The meeting focused on the institute's future objectives and strategic plans aimed at further advancing specialised education and training in Bahrain and the region. The meeting was attended by the Board members and the Institute's CEO, Dr. Ahmed Abdulhameed Al-Shaikh, who presented the meeting's agenda and the institute's executive work plan. The board reviewed the current and upcoming programmes and initiatives, along with a financial assessment for the period from the beginning of the year. During the session, the Chairman and Board members emphasised their commitment to implementing the directives of the wise leadership to enhance the training and development of Bahraini human capital. They also expressed appreciation for the distinguished training initiatives the institute has launched in collaboration with both public and private sector entities. The members affirmed their vision of the institute as a fundamental pillar for developing national skills and adapting to changes in the financial services sector. There was a focus on the importance of advancing modern technologies and innovative teaching methods within the institute, with the aim of fostering an interactive educational environment that encourages innovation, while maintaining the highest standards of academic and training quality. The Board of Directors also praised the outstanding achievements of the BIBF's students in university competitions, commending their excellence in academic contests. The Board also praised the exceptional performance of the students in various challenges, particularly securing top positions in prestigious competitions, reflecting the BIBF's commitment to academic excellence and industry-related education. This achievement highlights the institute's role in nurturing exceptional talent and equipping future leaders with the skills and knowledge necessary to excel in the ever-evolving world of finance and business. At the conclusion of the meeting, the Board reiterated its commitment to achieving academic and professional excellence in line with Bahrain's economic vision. It was highlighted that the BIBF will continue to be a leader in building a knowledge-based society and supporting Bahrain's promising talents. The Chairman and Board members emphasised that these efforts will reinforce Bahrain's position as a regional hub for talent development and innovation, opening wider opportunities for the kingdom's youth to become creative leaders both locally and globally. About the BIBF The Bahrain Institute of Banking and Finance (BIBF) is the leading provider of education and training in the region, established in 1981 under the Central Bank of Bahrain. With a commitment to enhancing human capital, the BIBF serves not only Bahrain but also extends its reach to 64 countries worldwide, solidifying its global presence. The BIBF is dedicated to delivering excellence across a broad spectrum of business disciplines. It partners with numerous international institutions to offer thought leadership, assessment, and training in key areas, including: Banking and Finance Islamic Banking Executive Education Accounting and Finance Academic Studies Leadership and Management Insurance Digital Transformation and Project Management
Zawya
27-02-2025
- Business
- Zawya
Central Bank of Bahrain receives French Business Delegation
Manama, Kingdom of Bahrain – The Central Bank of Bahrain ('CBB') received a high-level business delegation from France as part of a two-day visit organised by French Business Confederation 'MEDEF International', the first network for entrepreneurs in France. HE Khalid Humaidan, CBB Governor, welcomed the delegation and praised the confederation's role in supporting economic and investment relations between the Kingdom of Bahrain and the French Republic. HE Humaidan also discussed CBB's priorities for the coming period and opportunities for cooperation in the financial services sector, being one of the priority sectors in the Kingdom. The delegation, which was headed by Mr. Frédéric Sanchez Chairman of MEDEF International, discussed the confederation's objectives and roles in addition to discussed topics of common interest.
