Bahrain to freeze accounts of entities supporting terrorism

MANAMA: The Central Bank of Bahrain (CBB) has issued directives and guidelines to all licensed financial institutions in the Kingdom of Bahrain to freeze assets and accounts of those allegedly involved in the terrorist financing or funding the organisations those fanning terrorism in Bahrain, Saudi Arabia and Egypt.

The CBB directive specified entities that have been classified in the lists of terrorism by the Kingdom of Bahrain, Saudi Arabia and the United Arab Emirates and the Arab Republic of Egypt.

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