8 BUSINESS Monday, January 15, 2018 Egypt approves Bahraini, Arab cabinet reshuffle gypt’s parliament approved Eyesterday a cabinet reshuffle banks to boost including four new ministers, government sources said, two months ahead of a scheduled presidential election. The reshuffle included the appointment of Abu Bakr al-Gendi as minister for local ties with development, Rania al-Mashat as tourism minister, Enas ABG pledges full support to Iraqi banks Abdeldayem as culture minister and Khaled Badawy as public enterprise minister. Manama This came during a recent to the Iraqi Capital, . brotherly and historical ties financial institutions in Two new ministry deputies op bankers from visit of a high-level banking “We look forward to with the Kingdom of Bahrain.” Iraq. were also appointed in the and the Union of Arab delegation including Adnan supporting Iraq’s stability and The visit at the invitation Talks were held with the reshuffle. BanksT have pledged full Ahmed Yousif, President and encouraging strengthening of the Association of Iraqi Governor of the Central Bank Housing Minister Mustafa support to Iraq in improving Chief Executive of Al Baraka economic, trade and Private Banks also included of Iraq Dr. Ali Al-Alaq, Deputy Madbuly will continue to serve its stability and strengthening Banking Group (ABG) and investment ties with Bahrain a delegation from the Union Governor Dr. Munther Abdul as interim prime minister economic, trade and Chairman of the Bahrain by opening banking financing of Arab Banks, consisting of Qader Al-Sheikhly, President while Prime Minister Sherif investment ties. Association of Banks (BAB), and investment channels. Wissam Fattouh, Secretary of the Association of Iraqi Ismail recovers from surgery, We are ready to provide all General of the Union and Raja Private Banks Wadih Handal, government sources said. banking services to Iraqi Kammouny, Media Advisor to general managers of the Iraqi Egypt is set to hold a “We look forward to supporting banks to achieve this goal,” the Union. private banks as well as a presidential vote on March said Adnan Ahmed Yousif, For his part, Wissam number of general managers 26-28, with a run-off on April Iraq’s stability and encouraging commenting on the visit. Fattouh, Secretary General of major government banks 24-26. Candidates must register strengthening economic, trade and He added: We received all of the Union of Arab Banks such as Rafidain Bank, between Jan. 20 and 29. the welcome and hospitality, expressed the Union’s Rasheed Bank and the heads Egypt’s last cabinet reshuffle investment ties with Bahrain” and this is not strange to our readiness to provide training of Islamic and traditional was in February last year and people in Iraq, which has and advice to banks and banks in Iraq. included new investment and agriculture ministers.

BBK held its monthly “Day of Appreciation” Gold Awards to announce the Reyadh Yousif Sater Chief Executive of Gold & Silver BBK handed over the Gold Awards to: Monthly Award Noor Hassan from winners within Financial Planning & Control and its Employee Srinivas Ganti from Risk, Credit and Recognition compliance. Programme for the months of November & Silver Awards December 2017 at Silver Awards were its headquarters handed over to Fatema Al Saad and in Manama. Wael Karmustaji from Risk, Credit and compliance, For all employees Jawad Mandakar from Financial Control & Planning The programme, which recognizes and rewards all BBK employees, is aligned with the Bank’s philosophy and Ahmed Janahi that a motivated and engaged workforce translates into a superior banking experience for its from Human Resources and customers. Each month, different categories of Awards acknowledge high level of achievement. Administration.