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On December 26, 2024, Watania International Holding (PJSC) held a Board of Directors meeting at 1:00 PM. During the meeting, the board approved the company's budget for the financial year 2025 and the procurement of Islamic credit facilities from Emirates NBD Bank. The board also discussed routine business matters. The meeting details were documented by Nawal Ma’ally, the Board Secretary.
The Dubai Financial Market (PJSC) is considering passing a Board of Directors' resolution by circulation on December 31, 2024. This resolution pertains to an internal matter of the company.
Al Salam Bank in Bahrain hosted students from the American University of Bahrain for a training program aimed at enhancing financial awareness. The initiative focused on converting conventional banking products into Shari’a-compliant solutions. Over 15 students participated in sessions led by senior bank representatives from various departments such as Shari’a Compliance, Legal Affairs, Business Development, and Treasury. The program included a tour of the trading floor to observe daily operations. Ms. Muna Albalooshi, Head of Human Resources and Administration at Al Salam Bank, emphasized the bank's commitment to supporting youth and developing national competencies through partnerships with academic institutions. The initiative highlights Al Salam Bank's role in providing innovative banking solutions and contributing to the growth of Bahrain's banking sector.