Benefit, a leading fintech and electronic financial transactions service company in Bahrain and key innovator, has signed a service agreement with Aman, the kingdom's premier compliance platform, to boost its compliance and financial crime prevention capabilities.
Independent global professional services firm Praxis has appointed Brian Reilly as its senior regulatory advisor. He brings over 25 years’ experience across financial services, spanning funds and trust administration, investment management, banking and risk management to the new role.
Listed companies in the Abu Dhabi Securities Exchange (ADX), one of the 20 largest stock exchanges by market capitalisation, extended their sustained growth as total net profit increased 17% year on year to over AED200 billion ($54.46 billion).