Latest news with #KingdomofBahrain
Zawya
21-07-2025
- Business
- Zawya
BENEFIT announces the increase of daily transfer limit via Fawri+ to BD 3,000 per account under the Central Bank of Bahrain's directive
BENEFIT, Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has announced an increase in the maximum daily transfer limit for Fawri+. This update follows the directive issued by the Central Bank of Bahrain to BENEFIT and banks to raise the daily cap for Fawri+ from BD 1,000 to BD 3,000 per account effective on Monday, 21st July 2025. With this new enhancement, customers are now able to transfer up to BD 3,000 to recipients in seconds using the BenefitPay app or through any bank offering the Fawri+ service. This marks a substantial advancement in the digital payment experience and underscores the ongoing digitization of Bahrain's financial services sector. The increase directly addresses the growing demand for instant payment solutions and the evolving expectations of users within today's dynamic financial landscape. It also aligns with Bahrain's broader national agenda to advance financial inclusion and enable seamless, efficient transactions. This initiative reflects BENEFIT's continued commitment to adopting cutting-edge FinTech and delivering services that combine speed, security, and operational efficiency.
Zawya
15-07-2025
- Business
- Zawya
CBB 12 Month Treasury Bills issue no. 130 fully subscribed
Manama, Bahrain - This week's BD 100 million issue of Government Treasury Bills has been fully subscribed by 100%. The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is 17th July 2025, and the maturity date is 16th July 2026. The weighted average rate of interest is 5.39% compared to 5.28% of the previous issue on 19th June 2025. The approximate average price for the issue was 94.833% with the lowest accepted price being 94.732%. This is issue No. 130 (ISIN BH0007179565) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Zawya
03-07-2025
- Business
- Zawya
CBB Government Development Bond Issue No.41 oversubscribed
Manama, Bahrain – The Central Bank of Bahrain (CBB) announces that the issue of the 4-year Government Development Bond has been oversubscribed by 267%. Subscriptions worth BD 667.621 million were received for the BD 250 million issue, which carries a maturity of 4 years. The fixed annual coupon rate on the issue, which begins on 9th July 2025 and matures on 9th July 2029, is 6.25%. The Government Development Bonds are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is Government Development Bond issue No.41 (ISIN BH000551W253).
Zawya
01-07-2025
- Health
- Zawya
RCSI Medical University of Bahrain's Clinical Electives Exchange programme draws growing global interest
The Royal College of Surgeons in Ireland (RCSI) - Medical University of Bahrain welcomes a growing number of international students through its clinical elective exchange programme with renown international universities, reflecting its international outlook and reputation for excellence in healthcare education and clinical training. International students from the University of Alabama at Birmingham (US), George Washington University (US), University of Glasgow (UK) or Keele University (UK) have taken part in clinical electives at the University's affiliated teaching hospitals, including King Hamad University Hospital and the Royal Medical Services - Bahrain Defence Force Hospital. Designed to offer valuable hands-on training across a range of medical specialties, the programme provides students with clinical exposure in a culturally diverse, patient-centred environment. Under the guidance of experienced healthcare professionals, visiting students gain valuable insight into the clinical practices of the Kingdom's advanced healthcare system. Beyond clinical learning, the programme also fosters cross-cultural collaboration and the sharing of best practices. Many international participants have commended the programme for its high-quality training, professional mentorship, and the welcoming hospitality. Professor Sameer Otoom, President of RCSI Medical University of Bahrain, commented: 'The Kingdom of Bahrain has long been recognised for its welcoming, multicultural society making it an ideal destination for students seeking world class higher education. Additionally, the country's advanced healthcare system is an attractive proposition for medical students. We are grateful to our partner hospitals, the Higher Education Council and other stakeholders for their continued commitment to excellence in healthcare and Higher Education, which makes the country a destination for international medical students and support our mission in the Kingdom of Bahrain.' The clinical electives exchange programme also provides our students with the opportunity to complete electives at partner institutions around the world, reinforcing the University's commitment to developing globally competent healthcare professionals. As RCSI Medical University of Bahrain continues to expand its global network of partnerships, the growing interest in the University' clinical electives programme reflects both the strength of the Kingdom of Bahrain's appeal for international medical students and the University's standing with our international partners. About RCSI Medical University of Bahrain RCSI Medical University of Bahrain is a constituent university of the Royal College of Surgeons in Ireland (RCSI), which was established in Dublin, Ireland, in 1784. RCSI Medical University of Bahrain, an independent private university, opened its doors to a cohort of 28 medical students in 2004. Today, the purpose-built campus is home to a student body of more than 1,600 across the Schools of Medicine, Nursing and Midwifery and Postgraduate Studies and Research. It is a not-for-profit health sciences institution focused on education and research to drive positive change in all areas of human health worldwide. For more information, please visit
Al Bawaba
01-07-2025
- Business
- Al Bawaba
Diyar Al Muharraq Launches 'Summer of Al Naseem' Offer for Future Homeowners
Diyar Al Muharraq, the leading real estate development company in the Kingdom of Bahrain, has announced the launch of its 'Summer of Al Naseem' offer, an exclusive seasonal promotion for prospective homeowners looking to seize the opportunity to own a villa within the project. With the commencement of villa handovers as part of Phase 3 of Al Naseem, the offer extends an open invitation to individuals seeking a fully integrated and vibrant residential community, as the project continues to attract significant interest and demand since its inception. Commenting on the occasion, Mohamed Al Mahmood, Head of Sales at Diyar Al Muharraq, stated: 'As we approach the final stages of Al Naseem, we are pleased to be unveiling this exclusive summer offer. The promotion provides an ideal opportunity for those interested in investing in or owning property within one of Bahrain's most sought-after residential destinations. We believe now is the perfect time to join the Al Naseem community, where elevated quality of life, contemporary design, and breathtaking waterfront views come together seamlessly.' As one of Diyar Al Muharraq's most prominent residential developments, Al Naseem offers a thoughtfully planned environment where sophisticated architecture meets landscaped green spaces and essential lifestyle amenities. The project also delivers breathtaking waterfront views with proximity to schools, retail outlets, and entertainment hubs. The development also features Al Naseem Social Hub, a fully equipped community center for residents, which includes a wellness center, open-air padel court, multi-purpose hall, designated children's areas, and expansive outdoor spaces designed to accommodate diverse lifestyles. Spanning over 328,000 square metres, Al Naseem offers a selection of villas meticulously designed to cater to the needs of today's modern families, ensuring privacy, comfort, and an exceptional standard of living. Diyar Al Muharraq is the largest integrated residential city in the Kingdom of Bahrain, renowned for its luxurious offerings and commitment to preserving the core family values of Bahraini society. The city features a broad spectrum of modern living solutions, combining residential, commercial, recreational, and healthcare facilities to offer a future-forward model of integrated urban development.
