Bahrain Monetary Agency
The Central Bank of Bahrain (CBB) is the central bank of Bahrain. It is a public corporate entity established by the ''Central Bank of Bahrain and Financial Institutions Law 2006.'' It was created on 6 September 2006. ''Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law'' established the Central Bank of Bahrain in place of the Bahrain Monetary Agency. The Bank is located in the Diplomatic Area of Manama, in Bahrain. Its responsibilities, set out in the decree, include: * implement monetary policy * supervise and regulate the banking sector * act as the government's fiscal agent * encourage the growth of Bahrain as a major international financial centre, and * manage the foreign currency, cash and gold reserves of the Kingdom. The current Central Bank of Bahrain governor is Rasheed Al Maraj. In November 2014, he decided to further develop the kingdom's growing insurance sector. He acknowledged the necessity for the Centra ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rasheed Mohammed Al Maraj
Rashid or Rachid ( ar, راشد ) and Rasheed ( ar, رشيد ), which means "rightly guided", may refer to: *Rashid (name), also Rachid and Rasheed, people with the given name or surname *Rached, a given name and surname *Rashad, a surname Places *Rachid, Mauritania, a town at the foot of the Tagant Plateau *Rashid, Iran, a village in Khuzestan Province *Rashid, Yemen, a village *Rashid, alternate name of Tang-e Goraz, Iran *Rosetta, anglicized name of the city and port of ''Rashid'' in Egypt Characters *Rashid (Street Fighter), a character in the ''Street Fighter'' universe *Rashid Saluja, a character in the ''Magi'' universe Other uses * Egyptian frigate ''Rasheed'' *Rashid (lunar rover), a United Arab Emirates rover planned to land on the moon in 2024 *Rashidi dynasty, an Arabian dynasty from 1836 to 1921 *Rasheed Air Base, an Iraqi Air Force base on the outskirts of Baghdad, Iraq *Rasheed Bank, the second largest bank in Iraq *Rasheed Carbine, an Egyptian semiautomatic rif ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banks Of Bahrain
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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1973 Establishments In Bahrain
Events January * January 1 - The United Kingdom, the Republic of Ireland and Denmark 1973 enlargement of the European Communities, enter the European Economic Community, which later becomes the European Union. * January 15 – Vietnam War: Citing progress in peace negotiations, U.S. President Richard Nixon announces the suspension of offensive action in North Vietnam. * January 17 – Ferdinand Marcos becomes President for Life of the Philippines. * January 20 – Richard Nixon is Second inauguration of Richard Nixon, sworn in for a second term as President of the United States. Nixon is the only person to have been sworn in twice as President (First inauguration of Richard Nixon, 1969, Second inauguration of Richard Nixon, 1973) and Vice President of the United States (First inauguration of Dwight D. Eisenhower, 1953, Second inauguration of Dwight D. Eisenhower, 1957). * January 22 ** George Foreman defeats Joe Frazier to win the heavyweight world boxing championship. ** A ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Central Banks
. Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609-1791) * – Taula de canvi de Barcelona (1401-1714) * – East African Currency Board (1919-1966) * – (''Hrvatska Državna Banka'', 1941-1945) * – National Bank of Czechoslovakia (1926–1939 and 1945-1950) and State Bank of Czechoslovakia (1950–1992) * – (1854-1875) * – Bank of Saint George (1407-1805) * – (1948-1968) and Staatsbank der DDR (1968-1990) * – Hamburger Bank (1619-1875) * – Bank of Korea (1909–1950) * – Central Bank of Manchou (1932-1945) * - Bank of Issue in Poland (1940-1945) * – (1765-1846) and (1847-1875) * – (1849-1861), itself formed through the merger of (1846-1849) and Banca di Torino (1847-1849) * – National Bank of Vietnam (1954-1975) * – Banco di Napoli, under di ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Banks In The Arab World
The following is a list of banks in the Arab World. The modern system of Arab League, Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country. Today Arab banks are among the most pioneering in Developing countries, and some are competitors to major international banks. A new system of banking has also been introduced by the Arab World, to suit its Islamic laws regarding the creation of wealth, thus Islamic banking, Islamic banks were created. Algeria Central bank * Bank of Algeria Commercial Public Banks * Banque Nationale d'Algérie (BNA). * Banque Extérieure d'Algérie (BEA). * Banque de l'Agriculture et du Développement Rural (BADR). * Banque de Développement Local (BDL). * Crédit Populaire d'Algérie (CPA). * Caisse Nationale d'Épargne et de Prévoyance (CNEP). * Caisse Nationale de Mutualité Agricole (CNMA) . Commercial Private Banks * Citibank Algéria * Banque AlBaraka Algérie * Arab Banking Corporation "ABC" Algérie * ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Banks In Bahrain ...
The following is a list of banks & financial institutions in Bahrain as of 30 June 2015: Central Bank *Central Bank of Bahrain - CBB Conventional banks Islamic banks See also * List of banks in the Arab world References {{Asia topic, List of banks in Banks of Bahrain Bahrain Banks Bahrain Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economy Of Bahrain
The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials. According to the 2020 Index of Economic Freedom, Bahrain has the fourth freest economy in the Middle East and North Africa region and is the 40th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ahmed Bin Mohamed Al Khalifa
Ahmad ( ar, أحمد, ʾAḥmad) is an Arabic male given name common in most parts of the Muslim world. Other spellings of the name include Ahmed and Ahmet. Etymology The word derives from the root (ḥ-m-d), from the Arabic (), from the verb (''ḥameda'', "to thank or to praise"), non-past participle (). Lexicology As an Arabic name, it has its origins in a Quranic prophecy attributed to Jesus in the Quran which most Islamic scholars concede is about Muhammad. It also shares the same roots as Mahmud, Muhammad and Hamed. In its transliteration, the name has one of the highest number of spelling variations in the world. Though Islamic scholars attribute the name Ahmed to Muhammed, the verse itself is about a Messenger named Ahmed, whilst Muhammed was a Messenger-Prophet. Some Islamic traditions view the name Ahmad as another given name of Muhammad at birth by his mother, considered by Muslims to be the more esoteric name of Muhammad and central to understanding his nat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Manama
Manama ( ar, المنامة ', Bahrani Arabic, Bahrani pronunciation: ) is the capital and largest city of Bahrain, with an approximate population of 200,000 people as of 2020. Long an important trading center in the Persian Gulf, Manama is home to a very diverse population. After periods of Portuguese Empire, Portuguese and Persian control and invasions from the ruling dynasties of House of Saud, Saudi Arabia and House of Al Said, Oman, Bahrain established itself as an sovereign state, independent nation in 1971 after a period of British hegemony. Although the current twin cities of Manama and Muharraq appear to have been founded simultaneously in the 1800s, Muharraq took prominence due to its defensive location and was thus the capital of Bahrain until 1923. Manama became the mercantile capital and was the gateway to the main Bahrain Island. In the 20th century, Bahrain's oil wealth helped spur fast growth and in the 1990s a concerted diversification (marketing strategy), d ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Abdullah Bin Khalifa Al Khalifa
{{disambiguation, geo ...
Abdullah may refer to: * Abdullah (name), a list of people with the given name or surname * Abdullah, Kargı, Turkey, a village * ''Abdullah'' (film), a 1980 Bollywood film directed by Sanjay Khan * '' Abdullah: The Final Witness'', a 2015 Pakistani drama film * Abdullah (band), an American metal band * Abdullah (horse) (1970–2000), a horse that competed in the sport of show jumping See also * Abdalla people, an ethnic group in Kenya * Abdollah (other) Abdollah may refer to: People * Abdollah Jassbi, Iranian academic * Abdollah Mojtabavi, Iranian sport wrestler * Abdollah Hedayat, Iranian army general * Abdollah Movahed, Iranian sport wrestler * Abdollah Nouri, Iranian reformist politician * Abdo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |