Gulf Insider October 2021

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Gulf Financial Insider

Contents October 2021

Issue 196

12 16 Simply unparalleled online presence that connects region’s most inspired communities.

06 08 10 12 16 20 24 26

How to determine if a property is worth investing in? 5 Reasons to Live in Diyar Al Muharraq AUBH – Ready for the Spring Semester! Lessons Learnt from the Pandemic - Julius Baer Adamas operates the new Lotus showroom Lotus Emira makes Middle East debut in Bahrain How to Win in Business and Life How to transfer money internationally from Bahrain?


KNOWLEDGE IS POWER

Comment... A picture is worth a thousand words. Here's last month’s most 'Liked' #theoldbahrain picture posted to our social media.

Publisher & Editor in Chief

Nicholas C. Cooksey

Editorial

Angela Acosta Elyzabeth Ramirez

Editorial Contributors

Nicholas Cortes

Sales & Business Development

Charlie Cooksey

Layout Designs

Dhanraj S

Admin & Finance

Nikesh Pola

Photography

Angelo Jose A

Distribution Mohammed Yousif Aramex Al Ayam

For advertising contact Charlie Cooksey +973 3652 0004 charlie@gulf-insider.com

Published by:

P.O. Box 26810, Kingdom of Bahrain Tel: +973 1700 4575 Fax: +973 1772 1722 Printed at Awal Press, Kingdom of Bahrain. Registered with Ministry of Information approval no. TFI-431©. No part of this publication may be reproduced in any manner without the written permission of the publisher. All Rights Reserved. Views expressed in this magazine are not necessarily those of the publisher.

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The multi-award winning Arabian Magazine

c1980: Life on Awali. Photo credit - the Patterson family.

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Ambassador of India to the Kingdom of Bahrain talks about Indo-Bahrain relations AUGUST 2021 | ISSUE 194

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H.E. Mr. Piyush Srivastava SEPTEMBER 2021 | ISSUE 195

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We are living in a digital era where modern technology has transformed our lives.

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Gulf Insider October 2021

5


Money & Business

HOW TO DETERMINE IF A PROPERTY IS WORTH INVESTING IN? Did you know that you can earn up to 8% return when investing in Kazerooni Heights?

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eal estate is said to be one of the safest long-term investment options. It is, therefore, important to find a property that has great investment potential. But how can we determine a good investment idea in the first place? In this article, we will look at characteristics of a good investment and why Kazerooni Heights is a good option in Bahrain.

Good Value Many investors overpay for a property resulting in debt and may take several years to recoup. It is important to do some research on the prospective property and compare their value to similar homes. Kazerooni Heights offers a great value for price per square meter, setting it apart from its competitors. In addition to that, their dedication to quality construction and 6

Gulf Insider October 2021


Money & Business

special attention to detail is reflected in the comfortable, functional designs and layouts with a generous amount of space.

Generates Income

Kazerooni Heights offers a great value for price per square meter, setting it apart from its competitors.

Kazerooni Heights 1 has structured investment plans that can yield a guaranteed net 6.5% return per year of all operating fees while providing protection of a drop in value after 5 years. Another investment plan assures a net 8% return per year whilst providing a hassle-free property rental and management.

Hassle Free It’s one thing to find a property to invest in, another thing is the responsibilities that come after. When investing in Kazerooni Heights using the buy-back option for example – you can be assured that they will handle the work of finding a tenant for your apartment. In addition to that, all service charges

and maintenance expenses will also be covered throughout your investment period.

Great Surrounding Area One of the most important factors of real estate investing is the location. Factors such as the neighbourhood’s status, proximity to amenities, and scenic views play a large role in determining whether a property is worth investing in. Situated in Amwaj Islands, Kazerooni Heights is in close proximity to the Lagoon, which offers indoor and outdoor cafes and restaurants, retail stores, and entertainment. It also offers amenities including a rooftop temperature-controlled pool, steam and sauna facilities, BBQ facility with dining room at the pool deck, stateof-the-art gym, and many more.

For more details about the ownership and investment options, visit Kazerooni Heights’ website or call +973 3977 0009.

Gulf Insider October 2021

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People & Culture

5 REASONS TO LIVE IN DIYAR AL MUHARRAQ

Why not make the most out of living in Bahrain by choosing a waterfront location?

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any people consider waterfront living as a luxury. Some prefer to live by the sea because they associate it with fun and sun. Some prefer it because they associate it to calmness and tranquility. Whichever lifestyle resonates with you, here are 5 reasons why Diyar Al Muharraq is a good option to consider in Bahrain.

overlooking the inner and outer canals. It is also within walking distance from the community mosque, parks, tennis and squash courts, 100-berth marina, and leisure club including a swimming pool, fitness centre, and more. Al Naseem offers semi-furnished villas with key features including security of a private gated community, waterfront view, private swimming pool, and private access to the canal with mooring space.

views. It is situated between the Al Bareh and Al Naseem neighbourhoods, allowing residents direct access to Al Naseem’s facilities for basic everyday needs. The residential plot sizes start from 320 sqm and are available on freehold. The plots are open for investment to all nationalities.

Al Naseem

Freehold for all nationalities

Located in the heart of Diyar Al Muharraq, Al Naseem is a luxurious waterfront oasis that gives off a vacation feel with its breath-taking views

Mozoon is formed of waterfront and inner residential plots and reflects a modern city life with skyline and seaside

Al Bareh provides high-end, luxury residential plots and investment opportunities. The plots are also available on a freehold basis for all nationalities and ready for immediate investment.

Great view and amenities

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Gulf Insider October 2021

Mozoon

Investment opportunities Al Bareh


People & Culture

Growing commercial hub Diyar Al Muharraq is an up and coming city emerging as a commercial hub. Some of its known developments such as the Marassi Al Bahrain, Dragon City Bahrain, and ThaiMart have seen notable success since their opening. They also have a light industry, logistics, and warehousing plots designed to support a wide range of commercial activities.

Diyar Al Muharraq is an up and coming city emerging as a commercial hub.

Ranging from approximately 360 sqm to 1,000 sqm – these plots are large enough for a house with a backyard, front garden, and a garage with a stunning view over the seafront and main canal. Thee Al Bareh neighbourhood also includes an array of community facilities for basic needs such as a mosque, park with children’s playground, as well as retail shops.

Ideal Location Diyar Al Muharraq is only 20-minutes away from the Bahrain International Airport and Bahrain’s capital, Manama, and 30-minutes away from the King Fahad Causeway.

For more information, book a meeting with Diyar Virtual Property Advisor or call 8000 8880. For international calls, dial +973 7755 6606.

Gulf Insider October 2021

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People & Culture

AUBH

READY FOR THE SPRING SEMESTER! Just recently, the American University of Bahrain (AUBH) welcomed its students to campus as they start the new academic year.

G

ulf Insider visited the campus on the first day of classes to talk to some of the students and faculty about how they felt to be back and what they are looking forward to this academic year. Here’s what they had to say: How did it feel to be back on campus? “We’ve been at home for a long time, we have missed human interaction! We met a lot of new people, made new friends, and are really excited for what’s ahead”, Student Council Vice President, Ali Al Toblani said. “I love sports – so the Sports Club was the first thing I signed up for. We’re looking forward to the ‘Students vs

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Gulf Insider October 2021

Professors’ football match coming up” he added. “The University has done so much to keep us safe. It’s so exciting to have so many new faces in the classroom. We also had the opportunities for our hybrids – students who are off campus – to be here as well virtually”, Sociology Associate Professor, Dr. Paula Smith Hawkins, said. “We’ve been waiting a long time to have a life back on this campus. After spending a long time carefully planning the 9 buildings, it’s great to see the students finally using them to their full potential.” said Chief Operating Officer, William D. Hurt.

What’s new? The University has recently introduced three new degree programmes at the undergraduate level: • Bachelor of Science in Civil Engineering • Bachelor of Business Administration in Digital Marketing & Social Media • Bachelor of Business Administration in Human Resources These programmes were announced following the University’s announcement on achieving eligibility to proceed with an Application for Accreditation with the WASC Senior College and University Commission (WSCUC). Once awarded, AUBH would


People & Culture

be among the sole ten universities accredited by WSCUC worldwide.

AUBH has a flexible attendance scheme based on a dualmodality learning module.

Are online classes still available? AUBH has a flexible attendance scheme based on a dual-modality learning module – meaning that students have the option to attend classes on campus or online through the immersive camera system where they can see their classmates, professors, and the presentation shared to the class. This flexible setup also facilitates the transition of international students who began their learning online and plan to join on-campus classes once they are able to travel to the Kingdom. AUBH gives students access to real-world scenarios and practical, casebased lessons. Adopting the latest in

learning technology, library, labs, and sports facilities, they aim to keep the campus bustling with academic and extra-curricular life among its multicultural student body.

To enroll at AUBH for the spring semester, you can visit their website, call +973 7799 9997, or WhatsApp +973 3365 3343.

www.aubh.edu.bh Gulf Insider October 2021

11


Money & Business

LESSONS LEARNT FROM THE PANDEMIC What were the biggest financial stories that came out of the pandemic? How should investors approach ESG? Yves Bonzon, Group Chief Investment Officer at Swiss Wealth Manager Julius Baer tells it all.

S

hortly before the 2008 financial crisis, you pulled out of equities. Surely, you could not have seen the COVID-19 pandemic on the horizon?

That’s correct. I would describe the 2008 crisis as an endogenous mechanism. It had drivers that you could track, monitor, and understand. We were able to understand the kind of policy response that needed to be implemented to stem the contagion 12

Gulf Insider October 2021

effect in the system. The COVID-19 pandemic was of a very different nature. The economic system at the time was very solid and stable. The world economy and financial markets were hit by something that some have compared to a natural catastrophe. By definition, you cannot predict earthquakes reliably. You know they can happen, but it’s the strategic structure of your portfolio that protects you against these unpredictable events.

How do you respond when they happen after all? And what have we observed last year? Although we did not predict the pandemic, we navigated it very well and, to a certain extent, took advantage of opportunities in market. Why? Because we understood what was needed from governments to stabilise the economy and shield the private sector from permanent losses, including the negative wealth effect of falling asset prices.


Money & Business

Yves Bonzon Group Chief Investment Officer at Swiss Wealth Manager, Julius Baer

The combination of the technological uncertainty plus the regulatory unknown make the future of crypto extremely hard to predict.

The policy response has been amazingly rapid. In the 1930s, during the Great Depression in America, it took a few years for the government to develop the correct policy response, including debasing the dollar against gold. In 2008, it took approximately a year and a half until we got the right policy response from Washington. Last year it took three weeks. It’s a tremendous progress.

What was the biggest financial story to come out of the pandemic? I think the pandemic’s biggest story is all about acceleration. Digitalisation in the economy was accelerated. Furthermore, the transition towards a new approach to macroeconomic policymaking, including the use of fiscal deficits, was accelerated. The combination of the technological uncertainty plus the regulatory unknown make the future of crypto extremely hard to predict.

Right in the middle of the pandemic, cryptocurrencies were hitting their alltime highs. The topic was all over the

news. What does it mean for the financial industry? There is a lot to say about crypto. In fact, I don’t like to call them cryptocurrencies because I think essentially, they are crypto assets of various kinds. Some are currencies, including the stable coins, some are assets of the equity kind, some are assets of the fixed income kind, some are hybrids of all of this. I think it’s a disservice to the case for crypto to call them currencies. Having clarified this, I think the impact is very difficult to grasp for the following two reasons: There is a technological issue and we know that cryptocurrencies can have dramatic disruptive consequences for the centralised financial system. However, all of this is a function not just of technology, but of what governments will allow and how regulations will evolve. The combination of the technological uncertainty plus the regulatory unknown make the future of crypto extremely hard to predict.

Gulf Insider October 2021

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Money & Business

One aspect closely related to crypto is in the environment. Bitcoin prices dropped as soon as Elon Musk said he wasn’t interested anymore because of the environmental impact. Thinking back to the pandemic, sustainability and the environment was everybody’s concern. How important is ESG for investors going forward?

I think the pandemic’s biggest story is all about acceleration.

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Gulf Insider October 2021

I think ESG, unfortunately, has in some instances been leveraged for storytelling and commercial purposes. However, it is a topic of utmost importance. The industry realised that we should not just talk about this subject, but we should be very concrete. We have coined in the Sustainability Board at Julius Baer: “We want to do good, we don’t want to feel good.” Investors should look for how their adviser approaches ESG and ask themselves “What matters to me?” Finance cannot solve all of the problems of the world, but at least the industry is trying to move in the right direction. Whether it’s the climate, social responsibility, inequality... There are so

many areas in which you can have an impact. It’s fascinating, but you want to do it out of the true conviction that your investments can spark positive change.

What were your big reads during the pandemic? Which books do you recommend? I’ve read ‘Artificial Intelligence Superpowers’ by Kai-Fu Lee, discussing the difference between Silicon Valley and China. The book is interesting in the wake of the regulatory crackdown on digital business models and data collection that has recently happened in China. Compared to when the book was written, it’s a potential significant game changer for China and Chinese assets. Currently, I am reading ‘Noise’ by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein. The discussion is about distinguishing the noise from what really matters and understanding that our decisions can be polluted by noise. I believe ‘Thinking, Fast and Slow’, by Daniel Kahneman is also a must-read for investors in order to understand how we react to news.


Social Media is changing business

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For a FREE evaluation of your businesses digital marketing needs. call +973 36 188 100 | 1700 4575


Car Bahrain

ADAMAS OPERATES THE

NEW LOTUS SHOWROOM Charlie Cooksey interviews Karl Hamer, CEO, Adamas Motors on the newly launched Lotus showroom in Bahrain.

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Gulf Insider October 2021


Car Bahrain

We will give the best level of service that we can while offering exceptional new products, particularly in the EV sector.

Y

ou describe the new Lotus Bahrain showroom as a “world first”. What do you mean by that?

Bahrain’s market is not the biggest in the world, we all know that. Although it’s a conservative market, people here love their cars. Our business is in the Asia Pacific and Middle East only so when we had the

chance to go into Bahrain, I jumped at it. Motor retailing has changed and now it’s all about giving lifestyle experiences. I wanted to build the world’s first department store for cars in a highend fashion in the center of Manama’s financial district. The Bahrain showroom is the first in the world to display Lotus’ new retail identity.

Gulf Insider October 2021

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Car Bahrain

Where does the name Adamas come from?

The Bahrain showroom is the first in the world to display Lotus’ new retail identity.

When I was forming the company, I didn’t want it to be in my name. I wanted a brand of our own so that when you hear it across Asia Pacific and the Middle East, you’ll immediately know it’s synonymous to luxury. The name Adamas was inspired by its Latin origin of a diamond – unbreakable, indestructible and invincible.

We understand that Bahrain will be among the first three countries in the world to take delivery of the new Emira and only the US and UK will have it before Bahrain. Why Bahrain? The heritage here is among the oldest in the world. It also has its own Grand Prix Circuit. Bahrain is well-known for its love of cars. It’s a wonderful place here.

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Gulf Insider October 2021

Despite being an iconic British sports car brand, Lotus is new to Bahrain. How do you plan to enter this highly competitive local market? We will give the best level of service that we can while offering exceptional new products, particularly in the EV sector. The environment is changing and more and more people are considering EVs – Lotus aims to lead in that area. Already, the new Emira has sold nearly 100 cars! The product is very acceptable and it is of great value. All Lotus cars after the Emira will be EVs.

For more information on Lotus Bahrain and Adamas Motors, visit their websites: www.lotuscars.com www.adamasmotors.com



Car Bahrain

LOTUS EMIRA

MAKES MIDDLE EAST DEBUT IN BAHRAIN Lotus has officially opened its new showroom in Bahrain, with the Emira sports car taking centre stage at the inauguration.

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Gulf Insider October 2021


Car Bahrain

H.E. Zayed bin Rashid Alzayani, Minister for Industry, Commerce & Tourism

The Emira is light, nimble, mid-engined, exotic looking and competitively priced – a true Lotus.

T

he ribbon-cutting ceremony was performed by H.E. Zayed bin Rashid Alzayani, Minister for Industry, Commerce & Tourism. The critically acclaimed two-seater, the last petrol-powered car from Lotus and the ‘best of breed’, made its Middle East debut at the event. Sheikh Salman bin Isa Al Khalifa,

Chief Executive of Bahrain International Circuit, put the Emira through its paces on the tracks of BIC. The arrival of the Lotus Emira in Bahrain – only the third country in the world it has visited after the UK and USA – is part of a world tour, displayed for four days at the all-new Lotus showroom – the first in the world to display the new Lotus retail

Gulf Insider October 2021

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Car Bahrain

identity – in the exclusive Moda Mall. The showroom is operated by Adamas Bahrain Motors Company WLL. The car is a junior supercar with everyday useability. The Emira is light, nimble, mid-engined, exotic looking and competitively priced – a true Lotus. It is also a paradigm shift in practicality, comfort, functionality and technology. The first customer cars in Bahrain will be the Emira V6 First Edition, a highspec flagship version of the car that will arrive in the regions showrooms next summer. Fully loaded with a host of desirable equipment plus unique badging, it will cost from under 400,000 AED including VAT. Following its appearance in Bahrain, the Emira is embarking on a regional tour including Kuwait, Dubai and Abu Dhabi. Powering comes from the Lotushoned 3.5-litre supercharged V6 engine, mid-mounted behind the two seats. Developing 400hp, it’s mated to a sixspeed manual gearbox with a visible gearchange mechanism and hydraulic power-assisted steering. The car rides on 20-inch ultralightweight V-spoke forged alloy wheels. They’re diamond cut to create a premium two-tone finish, though silver or gloss black versions are available as a no-cost option. Two-piece brake discs with branded calipers are part of the 22

Gulf Insider October 2021

First Edition spec, plus a Tyre Pressure Monitoring System (TPMS). Exterior details include LED lights all round, a titanium exhaust finisher, heated power-fold door mirrors and rear parking sensors. The Lower Black Pack is fitted as standard, which means the front bumper air blades, front splitter, side sills and rear diffuser are all in finished in gloss black. The V6 First Edition comes in one of six vibrant paint colours: Seneca Blue – which was seen at the car’s launch in July – plus Magma Red, Hethel Yellow, Dark Verdant, Shadow Grey and Nimbus Grey. More colours will be available in 2022.

Customers who are interested in the Lotus Emira V6 First Edition can spec the car using the configurator on the Lotus website using the QR code:

www.lotuscars.com


School search made easy...


Experts Reveal Life Secrets

While I’m familiar with many strategies successful people use for effective decision-making, what follows are the cream of the crop.

PART 20

HOW TO WIN IN BUSINESS AND LIFE Every month Gulf Insider publish 2 pages that reveal brilliant secrets for winning in business and life. The techniques are provided by top international experts and we will often summarize an entire book into a single page so you can learn the essence of their wisdom in minutes instead of hours. Take the time to learn what we reveal each month and you will be rewarded a thousand times over!

They Turn Small Decisions into Routines… Decision-making works

like a muscle: as you use it over the course of the day, it gets too exhausted to function effectively. One of the best strategies successful people use to work around their decision fatigue is to eliminate smaller decisions by turning them into routines. Doing so frees up mental resources for more complex decisions. Steve Jobs famously wore a black turtleneck to work every day. Mark Zuckerberg still dons a hoodie. Both men have stated that these iconic images are the simple result of daily routines intended to cut down on decision fatigue.

… and Make Big Decisions in the Morning - Another great way to

beat decision fatigue is to save small decisions for after work (when decision fatigue is greatest) and to tackle complex decisions in the morning, when your mind is fresh. When you’re facing a stream of important decisions, a great trick is to wake up early and work on your most complicated tasks before you get hit with a bunch of distracting minor decisions (phones ringing, e-mails coming in).

They Pay Attention to Their Emotions - There’s an old saying:

HOW TO MAKE DECISIONS LIKE THE SUPER-SUCCESSFUL By Dr. Travis Bradberry

Y

our days are filled with a constant stream of decisions. A study from Columbia University found that we’re bogged down by a good 70 decisions a day. Some 24

Gulf Insider October 2021

“Don’t make permanent decisions based on temporary emotions,” and it definitely rings true. Successful people recognize and understand their emotions (including their intensity and impact on behavior) so that they are able to look at decisions as objectively and rationally as possible.

They Evaluate Their Options Objectively - When really wrapped up decisions are minor, like what to eat, which route to drive to work, or in what order to tackle tasks. Others are more difficult, like deciding between two job offers, or whether to cut a toxic person out of your life.

in a decision, successful people weigh their options against a pre-determined set of criteria because they know that this makes decision-making easier and more effective. Here are some helpful criteria to


Experts Reveal Life Secrets

consider: How does this decision benefit me? How does it hurt me? How does this benefit ___? How does it hurt ___? Does the decision reflect my values? Would I regret making this decision? Would I regret not making this decision? Does this decision reflect my values?

They Sleep on It … Sleeping on your

decision ensures that you have clarity of thought when you approach it the next day. It also allows time for your emotions to run their course. When you act too quickly, you tend to react, but when you give more focus and time to your decision, you expose important facets of it that you didn’t see before.

… but Not for Too Long - Successful

people know the importance of gathering as much information as they can, but at the same time, they make certain not to fall prey to analysis paralysis. Successful people know that they need to have a timetable to follow in reaching their decision. Once they set that date, they are motivated to do their homework and some soul searching in order to meet the deadline.

They Use Exercise to Recharge

-

The stress of a major decision naturally produces cortisol, the chemical that triggers the fight-or-flight response. Cortisol clouds your ability to think clearly and rationally. When you find yourself stressing about a decision, try exercising. As little as 30 minutes is all it takes to get a good endorphin-fueled buzz and to return to mental clarity. Exercise also helps you get past that fight-orflight state by putting the cortisol to practical use. Research shows that long-term exercise improves the overall functioning of the brain regions responsible for decision-making.

They Always Go Back to Their Moral Compass - Successful people

know the importance of sticking to their morals when making an important decision. Morals serve as trusted guides when your emotions are pulling you in a different direction.

They Seek Outside Counsel - When approaching a decision, we have a natural tendency to pick an alternative

and then to gather information to support that decision, instead of gathering information and then choosing a side (this is called confirmation bias). A great way to beat confirmation bias is to seek outside opinions and advice from people who bring different perspectives to your situation. Their perspectives help you weigh your options more objectively and to spot your subjective or irrational tendencies.

They Reflect on Previous Decisions

- Mark Twain described the complicated nature of decision-making as follows: “Good decisions come from experience, but experience comes from making bad decisions.” With repercussions that can last days, weeks, and even years, making great decisions is an effort that’s worth every bit of your time and energy.

ABOUT THE AUTHOR: Dr. Travis Bradberry is co-author of the #1 bestselling book, Emotional Intelligence 2.0. His books have been translated into 25 languages and are available in more than 150 countries.

Gulf Insider October 2021

25


Money & Business

HOW TO TRANSFER MONEY INTERNATIONALLY FROM BAHRAIN?

E

arly this year, Bahrain was named the ‘best place in the Gulf region’ for expats to live and work, even amidst the COVID-19 pandemic. Bahrain ranked highly across key indicators including quality of medical care, ease of settling in, and job satisfaction. Many expats in Bahrain remain in the Kingdom for several years because they are working to support their families they left back home as well as to create a better future for when they return. If you are an expat, you are not unfamiliar with the act of sending/ transferring money internationally. Here are the different ways to make international money transfers from Bahrain.

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Gulf Insider October 2021


Money & Business

Western Union

Early this year, Bahrain was named the ‘best place in the Gulf region’ for expats to live and work, even amidst the COVID-19 pandemic.

Western Union is an American multinational financial services company that allows expats to make money transfers as well as money exchanges. There are three methods to make money transfers from Western Union: in-person, online, and mobile application.

For instructions on each method, visit Western Union’s website by scanning the QR code: www.westernunion.com/bh/en/how-tosend-money

For more information, visit NEC’s website by scanning the QR code: www.nec-bah.com

Bahrain Financing Company (BFC) BFC provides currency exchanges as well as smart, safe, and fast ways to send money internationally in-person, online, and through their app.

For more information on how to transfer online via the BFC Smart Money or via the BFC app, visit their website by scanning the QR code: www.bfcsmartmoney.com

NEC Remit NEC Remit allows expats to send money to India and Philippines within minutes. They also provide an online app service which can be used to transfer funds more conveniently. Gulf Insider October 2021

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Money & Business

bWallet

Many expats in Bahrain remain in the Kingdom for several years because they are working to support their families they left back home.

bWallet is a digital mobile wallet app, Powered by Batelco and Arab Financial Services (AFS). It enables quick, secure and easy payments through your smartphone. The International Money Transfer Service allows users to send money to bank accounts, eWallets, or individuals in several countries including India, Bangladesh, Pakistan, and Philippines. It uses the Mastercard Send payment service.

For more information on how to transfer via bWallet, visit their website by scanning the QR code: www.batelco.com/bwallet

UAE Exchange UAE Exchange is a UAE-based company dealing primarily in remittance, foreign exchange and bill payment services.

To transfer money, you can make use of

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Gulf Insider October 2021

their online money transfer service and instant money transfers through Xpress Money. You can also visit the nearest branch by locating it through their website by scanning the QR code: www.corp.uaeexchange.com/bhr

Zenj Exchange Zenj Exchange has a wide range of remittance products and services including international online remittances, SWIFT transfers, and mobile APP remittance from home.

To transfer, you can visit one of their branches or visit their website by scanning the QR code: www.zenjex.com/LocateUs.aspx


Car Bahrain

PHOTO OF THE MONTH

Photo by: @htm281

Got some cool car photos we can feature? Send them our way! editorial@gulf-insider.com

Follow us

carbahrainbh

Car Bahrain Gulf Insider October 2021

29


The Bahrain based lifestyle and luxury magazine with style and editorial flair that is enjoyed by affluent customers both Arab and Expats. Online edition at www.Bahrain-Confidential.com

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