National Bank of Bahrain launches online trading platform

Al-Watani Trade was inaugurated on the Bahrain Bourse trading floor during the opening of trade in a ceremony attended by NBB management and staff.
Updated 20 May 2019
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National Bank of Bahrain launches online trading platform

National Bank of Bahrain (NBB) has announced the expansion of its digital offering with the launch of Al-Watani Trade, a new online trading platform that allows clients to trade equities and other securities directly on Bahrain Bourse using smart devices.
Al-Watani Trade was inaugurated on the Bahrain Bourse trading floor during the opening of trade in a ceremony attended by NBB management and staff. The service has been developed in collaboration with Mubasher Financial Services and is in line with NBB’s broader efforts to drive digital innovation across the bank and to create online products and services that make banking and managing wealth secure for its customers.
The trading platform offers minimum upfront investment costs and a more simplified way for customers to access the market from wherever they are.
Hussain Al-Hussaini, chief executive — treasury, capital markets and wealth management at NBB, said: “We’re delighted to announce the launch of Al-Watani Trade, providing a state-of-the-art online trading platform for our customers. Digital innovation and making transacting more efficient and seamless for our customers is a priority for NBB and we are excited to bring to the market new platforms that take us further in this direction.
“Al-Watani Trade has a host of features that make trading online simple and efficient. This includes easy account opening and approvals and a host of tools to help support trading success. With Al-Watani Trade, customers get real-time quotes, can buy and sell stocks on the go, access all news and announcements, and benefit from a wide range of analytical tools to help them make smart and well-informed decisions.”
Narjes Farookh Jamal, chief operating officer of Bahrain Bourse, added: “Al-Watani Trade aims to enhance retail investor penetration in the market as the platform aims to provide convenience and flexibility. NBB’s Al-Watani Trade aims to provide a completely new investment experience, in which investors can manage their securities online easily.”

 


Deal to create largest Arab digital marketing network

Updated 17 June 2019
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Deal to create largest Arab digital marketing network

ArabClicks, a performance-based e-marketing platform, has signed a joint strategic cooperation agreement with Basma Media, developer of omnesmedia.com. The two parties aim to build effective relationships and foster business connections between publishers and social media influencers on the one hand, and various e-commerce platforms operating in the Arab world on the other, thus laying the foundation stone for the largest digital marketing network in the Arab region.

The agreement was signed by ArabClicks Co-founder and CEO Mauro Romano, and Nasser Al-Sarami, CEO of Basma Media, at the latter’s headquarters in Dubai Media City.

According to the agreement, Basma Media will work with various publishers, media professionals and social media influencers in the Arab world to familiarize them with the mechanism employed by ArabClicks and then connect them to the platform. The intent is to benefit from the media content provided by these publishers to promote commodities and products marketed across Arab e-commerce platforms such as Noon, Namshi, Sivvi, Java, eBay and Tajawal, and benefit from sales commissions.

Romano said: “We are delighted to partner with Basma Media to reach out to the largest segment of media professionals and influencers in the Arab world. Through the partnership, we seek to capitalize on the exponential growth of e-commerce which has become a key business sector in the Middle East, where ArabClicks is supporting and assisting various businesses in enhancing their market share of the steadily growing electronic sales in the region.”

Al-Sarami said: “Over the past two years, we have been working at Basma Media to strengthen the omnesmedia.com platform with as many databases as possible for the benefit of media organizations and influencers. Today, the platform incorporates a database of more than 10,000 influencers and around 35,000 geographically diversified influential media people, in addition to 3,000 freelance gifted innovators working in various media production fields as well as 23,000 titles for various media products representing seven different types of mass media covering 35 countries all over the world, a record which makes us one of the key and largest media references on the Arab and international levels. And that’s the reason it would be easy for ArabClicks to deliver its message through omnesmedia.com in a successful way to the benefit of all parties concerned, including influencers and publishers as well as brands, rights holders and e-commerce platforms.”

Romano added: “With its innovative marketing tools based on transforming web content into a potential source of revenue, ArabClicks provides assistance to e-commerce companies to enhance their reach to various segments of society and to grow in the Middle East market, therefore, helping publishers do business and make easy money through web links, seamlessly and without introducing any changes to the published content or disturbing site users in any way.”