SAWT BEIRUT INTERNATIONAL

| 4 December 2022, Sunday |

Bahrain plans to list airport services company and introduce digital Dinar: Report

According to Sky News Arabia, Bahrain plans to list five additional firms on its stock exchange next year, including Bahrain Airport Services Company, as well as create a digital currency.

The Central Bank of Bahrain intends to provide the digital Dinar via a digital payments network that will be available 24 hours a day, seven days a week.

The central bank also intends to progressively increase the percentage of funding for small and medium-sized firms to 20% of local banks’ financial portfolios by the end of 2025, according to Sky News.

    Source:
  • alarabiya