Bahrain and Egypt sign MoU

The central banks of Bahrain and Egypt signed a Memorandum of Understanding (MoU) on Monday 14 May, according to Gulf Daily News.

"We are delighted to sign this pact to continue developing the good working relationship between the CBB and the CBE," the report quoted Central Bank of Bahrain (CBB) deputy governor Anwar Khalifa Al Sadah as saying.

"The pact we have signed provides continuing evidence of CBB's commitment to establishing and maintaining effective exchange relationships with other re

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