Established in 2006 and licensed in Manama, Kingdom of Bahrain, CIMB Middle East BSC (C) (formerly known as CIMB Islamic Investment House) is CIMB Group’s first foray into the Middle East. CIMB Middle East BSC is licensed by the Central Bank of Bahrain as a Category 1 Investment Firm and is a joint venture company with Yusuf bin Ahmed (“YBA”) Kanoo Holdings WLL, a reputable and well-established blue chip entity in the Middle East. YBA Kanoo is one of the oldest family business conglomerates in Bahrain, and a formidable asset and partner for CIMB, with businesses across various industries spanning the Gulf region. CIMB Middle East provides both conventional and Islamic financial advisory services to service and bridge the financial requirements of the Southeast Asian and Middle East and North Africa (MENA) regions. |