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Bahrain stops issuing new banking licencesThe Central Bank of Bahrain (CBB) said it had temporarily suspended new licences for Islamic banks in the Kingdom. It had earlier done the same for commercial banks and exchange houses after studies showed there were sufficient financial I More… |
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Merrill Lynch gets Saudi licenceMerrill Lynch has received a banking licence from the Capital Markets Authority to operate in Saudi Arabia. The licence will allow Merrill Lynch to offer its domestic and global clients a full suite of global markets, investment banking p More… |
