Latest news with #BIBF
Bahrain This Week
2 days ago
- Business
- Bahrain This Week
NBB Formalises Institutional Partnerships for EVOLVE 2025
The National Bank of Bahrain (NBB) recently hosted a networking event to mark the formalisation of institutional partnerships for the fourth edition of its EVOLVE summer internship programme. The event brought together representatives from participating academic institutions, charitable organisations and training providers, who were given an overview of EVOLVE's evolution, its role in developing Bahrain's future talent, and the collaborative efforts that have contributed to its success over the years. The gathering also saw the signing of a Memorandum of Understanding (MoU) with the institutional partners. Partner entities supporting the programme include the Royal Humanitarian Foundation (RHF) and AlMabarrah AlKhalifia Foundation, alongside leading training providers including Emeritus Institute of Management, Bahrain Institute of Banking and Finance (BIBF), INJAZ Bahrain, Bahrain Fintech Bay, Marsh Academy, National Cybersecurity Centre, Mada Translation, American Health Association, and Mumtalakat Bahrain Holding Company. Among the schools, the Ibn Khuldoon National School (IKNS), Bahrain Bayan School, Al Hekma International School, Arabian Pearl Gulf (APG) Private School, Beacon Private School, Naseem International School, St. Christopher's School, British School of Bahrain, American School of Bahrain, Ahlia School, Shaikha Hessa Girls' School, and Sacred Heart School have joined EVOLVE. Meanwhile, the university segment is engaging students from the American University of Bahrain (AUB), Euro University, University of Strathclyde Bahrain, Ahlia University, British University of Bahrain, BIBF, and Bahrain Polytechnic. By partnering with national stakeholders across the education and training ecosystem, NBB continues to invest in future generations through valuable training opportunities that contribute to the Kingdom's broader development goals.
Daily Tribune
2 days ago
- Business
- Daily Tribune
CIBAFI and The BIBF Sign MoU to Advance Innovation and Sustainability in Islamic Finance
In a significant move to foster innovation and sustainability in the Islamic financial services industry, the General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Bahrain Institute of Banking and Finance (BIBF) have signed a Memorandum of Understanding (MoU) to enhance cooperation and advance joint strategic initiatives. The agreement underscores both institutions' commitment to embracing modern tools and frameworks such as artificial intelligence (AI), data analytics, and sustainability as key drivers of growth, resilience, and transformation within the sector. Through this strategic alliance, CIBAFI and the BIBF aim to address the evolving needs of the Islamic finance industry by embracing emerging technologies and advancing digital innovation. Their collaboration will support institutional transformation and human capital development through the delivery of specialised conferences, training programmes, and research initiatives in Bahrain and internationally. The MoU was signed by Dr. Abdelilah Belatik, Secretary General of CIBAFI, and Dr. Ahmed Al Shaikh, Chief Executive Officer of the BIBF, during a formal ceremony held at the BIBF's headquarters in Manama, Kingdom of Bahrain. Dr. Abdelilah Belatik stated: 'This MoU supports CIBAFI's strategic objective of fostering impactful collaboration and advancing the Islamic finance industry. In today's dynamic landscape, innovation and sustainability are essential for long-term relevance and resilience. We are pleased to partner with the BIBF, a leading provider of professional education in the Kingdom of Bahrain and outside, to exchange expertise and co-develop forward-looking programmes.' Dr. Ahmed Al Shaikh added: 'We are pleased to sign this partnership between the BIBF and CIBAFI, which brings together two leading institutions committed to shaping the future of Islamic finance. By combining our academic and training capabilities with CIBAFI's global industry perspective, we will strengthen the sector's digital resilience, promote sustainability, and accelerate the integration of next-generation technologies across Islamic financial institutions. This strategic partnership highlights the shared commitment of both institutions to advancing the long-term sustainability and global relevance of Islamic finance through initiatives that champion technological innovation, academic excellence, and thought leadership.
Daily Tribune
3 days ago
- Business
- Daily Tribune
Bahrain Signs Strategic Agreement to Boost Cybersecurity Skills
TDT | Manama Shaikh Salman bin Mohammed Al Khalifa, Chief Executive of the National Cybersecurity Centre, and Dr. Ahmed Abdulhameed Al Shaikh, CEO of the Bahrain Institute of Banking and Finance (BIBF), signed a joint framework agreement to train national talents in cybersecurity. The partnership will see the launch of specialized training programs as part of the upcoming Arab International Cybersecurity Conference and Exhibition (AICS2025), set to take place on November 5–6, 2025, under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister. The event will be hosted at the Bahrain International Exhibition & Convention Centre. A Vision for a Safer Digital Future Sheikh Salman highlighted that the collaboration aligns with the Centre's national strategy to build a resilient and sustainable digital environment. By working with renowned institutions like BIBF, the Centre aims to empower local professionals to keep pace with the fast-evolving cyber landscape. He added that AICS2025 is an important global platform that brings together cybersecurity experts, policymakers, and industry leaders from around the world. 'It is a chance to exchange experiences, explore best practices, and strengthen our collective defense against cyber threats,' he said. The conference will feature several initiatives, advanced workshops, and panel discussions focusing on key topics such as critical infrastructure protection, secure digital transformation, AI, and data security. BIBF: Investing in People for a Secure Digital Economy Dr. Ahmed Al Shaikh emphasized that cybersecurity is the backbone of successful digital transformation — essential for securing data and protecting vital infrastructure. 'Bahrain has long embraced digital transformation as a strategic priority,' he said. 'Cybersecurity now plays a vital role in economic stability and national security. Our participation in AICS2025 reflects our commitment to raising awareness, especially in the financial and banking sectors.' He stressed that a successful digital future depends on developing human capital through continuous learning, hands-on training, and professional development in technology and cybersecurity fields. Creating Opportunities Through Knowledge Exchange Maryam Majid, Head of Digital Transformation and Project Management at BIBF, noted that AICS2025 provides a dynamic forum for dialogue, collaboration, and knowledge-sharing. 'The conference will allow BIBF to serve as a knowledge bridge between local institutions and international technology leaders. It's a reflection of our role as a driver of innovation and digital resilience,' she said. BIBF will also offer awareness sessions during the event aimed at empowering individuals and institutions to better understand and tackle modern cyber challenges. Professional Certifications and Career Growth BIBF experts will contribute to sessions discussing topics such as data protection, cybercrime risks, and the impact of modern tech on finance and business. Participants will also have access to professional certifications, including: Data Privacy Certification in collaboration with the Judicial and Legal Studies Institute. Cybersecurity Fundamentals (ISACA CSX-F) in partnership with ISACA Bahrain Chapter. These certifications aim to open career opportunities and enhance technical expertise for participants. AICS2025 is set to welcome more than 10,000 participants from 50 countries, including over 100 global speakers. The event will also feature youth empowerment programs, international pavilions, and hands-on workshops designed to nurture the next generation of cybersecurity leaders.
Zawya
3 days ago
- Business
- Zawya
BIBF CEO: Developing national AI talent is a cornerstone for digital-economic transformation
Manama – Dr. Ahmed Abdulhameed Al-Shaikh, Chief Executive Officer of the Bahrain Institute of Banking and Finance (BIBF), commended the launch of the National Policy for the Use of Artificial Intelligence, announced by the Information & eGovernment Authority (iGA), and the adoption of the GCC Guiding Manual on the Ethical Use of AI. He affirmed that this national policy represents a significant step in advancing Bahrain's vision to become a digitally empowered, innovation-driven economy. Dr. Al-Shaikh emphasised that building national capacity in artificial intelligence is a critical enabler of digital transformation. He noted that equipping Bahraini talent with AI-related skills and knowledge is essential to ensure the responsible, secure, and effective application of emerging technologies, in line with the ethical principles outlined in the GCC manual and Bahrain's national frameworks. He stated: 'The successful implementation of the AI Policy depends not only on regulation and infrastructure, but also on investing in people. At BIBF, we are committed to supporting the national AI agenda by offering academic and professional development programmes in areas such as artificial intelligence, machine learning, and data analytics - ensuring alignment with ethical standards and the future needs of the economy.' Dr. Al-Shaikh highlighted BIBF's ongoing efforts to develop specialised training programmes and workshops in collaboration with leading global partners. These efforts aim to equip Bahraini professionals with the skills required for the jobs of the future. Dr. Al-Shaikh noted that over the past two years, the BIBF has implemented a number of national initiatives in this field, including intensive programmes in artificial intelligence in partnership with local and international entities, in addition to 'AI Readiness' programme to train more than 5,000 Bahrainis over the next five years in AI skills and applications. Concluding his remarks, Dr. Al-Shaikh reiterated the importance of cooperation between government, academia, and industry to achieve the goals of the AI policy. He stressed that public confidence in AI - and its ethical and effective use - is built on education, awareness, and empowerment, all of which remain central to BIBF's mission.
Zawya
6 days ago
- Business
- Zawya
BIBF launches e-learning course on anti-money laundering for the Saudi insurance sector
Manama – The Bahrain Institute of Banking and Finance (BIBF), the region's leading training and development provider, has announced the launch of a fully online, self-paced course on Anti-Money Laundering (AML), designed specifically for professionals within the insurance sector in the Kingdom of Saudi Arabia. This comes as part of the institute's ongoing commitment to support the regional insurance industry and provide accessible digital training solutions, This initiative reflects the Institute's strategic focus on empowering professionals in highly regulated sectors with relevant and practical learning opportunities. The course has been developed to support insurance professionals seeking to remain compliant and informed, while navigating an evolving risk and regulatory landscape. Designed for individuals working in compliance, risk, operations, internal audit, and related roles, the course provides comprehensive AML awareness within the insurance context. It covers key concepts, industry best practices, and regulatory expectations, with a focus on practical application. Delivered entirely online, the course offers self-paced flexibility, allowing participants to learn at their convenience. The interactive learning experience includes real-world case studies, knowledge checks, and content customised to reflect the regulatory frameworks and compliance priorities of the Saudi market. Commenting on the launch, Ms. Manal Mashkoor, Head of the Insurance Centre at the BIBF, stated: 'At the BIBF, we are committed to delivering accessible, market-relevant digital training solutions that support the development of insurance professionals across the region. This self-paced e-learning course has been carefully tailored to meet the specific compliance needs of the Saudi insurance market, while promoting a strong culture of AML awareness, transparency, and accountability.' Ms. Mashkoor also confirmed that future versions of the programme are planned for other GCC markets, ensuring broader regional relevance and further reinforcing BIBF's leadership in digital insurance training across the region. With over four decades of experience in delivering industry-focused education, the BIBF continues to expand its e-learning offerings to meet the professional development needs of the financial services sector and beyond. About the BIBF The Bahrain Institute of Banking and Finance (BIBF) is the leading provider of education and training in the region, established in 1981 under the Central Bank of Bahrain. With a commitment to enhancing human capital, the BIBF serves not only Bahrain but also extends its reach to 64 countries worldwide, solidifying its global presence. The BIBF is dedicated to delivering excellence across a broad spectrum of business disciplines. It partners with numerous international institutions to offer thought leadership, assessment, and training in key areas, including: Banking and Finance Islamic Banking Executive Education Accounting and Finance Academic Studies Leadership and Management Insurance Digital Transformation and Project Management For more information, please contact the Marketing and Corporate Communications Department at: Email: media@ Website:
