21.11.2012 - Bahrain c.bank to foster capital markets
Bahrain's central bank (CBB) plans steps to encourage securities issuance and lure foreign investors who have been deterred by the global financial crisis and political unrest in the Gulf island kingdom. The CBB will soon issue a directive on the offering of securities covering both Islamic and conventional paper, governor Rasheed al-Maraj said. Bahrain, a regional financial hub and a major centre for Islamic finance, has been hit by unrest that followed Arab Spring uprisings elsewhere in the Middle East..............................................Full Article: Source
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