Kuwait
New rule in Kuwait: No more cash for gold or jewelry
The Kuwaiti government has officially banned the purchase of gold and jewelry with cash, in a move aimed at strengthening financial transparency and combating illicit activities.
Bahrain Bourse (BHB) has approved Arqaam Securities L.L.C. as an External Market Maker, a move aimed at boosting market liquidity and enhancing the Kingdom’s capital market ecosystem.
The announcement was made during a signing ceremony attended by BHB Chairman Yusef Al Yusef, CEO Shaikh Khalifa bin Ebrahim Al Khalifa, and Riad Meliti, CEO of Arqaam Capital © X
Bahrain Bourse (BHB) has approved Arqaam Securities L.L.C. as an External Market Maker, a move aimed at boosting market liquidity and enhancing the Kingdom’s capital market ecosystem.
The announcement was made during a signing ceremony attended by BHB Chairman Yusef Al Yusef, CEO Shaikh Khalifa bin Ebrahim Al Khalifa, and Riad Meliti, CEO of Arqaam Capital.
Shaikh Khalifa described the approval as a key milestone in creating a more dynamic and efficient market, noting increased institutional participation since the launch of the updated Market Making Framework in July 2024.
Riad Meliti said Arqaam Securities is proud to support Bahrain’s capital market, bringing regional expertise in liquidity provision to help drive trading activity, fair price discovery, and investor confidence.
With this addition, Bahrain Bourse now counts four authorised market makers, further aligning its operations with global standards and reinforcing its commitment to transparency and competitiveness.
The Kuwaiti government has officially banned the purchase of gold and jewelry with cash, in a move aimed at strengthening financial transparency and combating illicit activities.
PureHealth Holding PJSC, the largest healthcare group in the Middle East, reported solid financial results for the nine months ending 30 September 2025, with AED20.1 billion in revenue, up 6% year-on-year. EBITDA rose 11% to AED3.5 billion, while net profit increased 8% to AED1.55 billion.
The 21st edition of the IISS Manama Dialogue, the Middle East’s premier security and strategic affairs summit, concluded this weekend after three days of high-level exchanges, policy debates, and behind-the-scenes diplomacy.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.