By Goth Mohamed Goth
Manama, Bahrain – During his official visit to Bahrain, Mr. Hamze Khaire, Deputy Governor of the Somaliland Central Bank, held high-level meetings with key financial institutions to enhance bilateral cooperation.
Mr. Khaire met with Dr. Ahmed Al Shaikh, Director General of the Bahrain Institute for Banking and Finance (BIBF), alongside the institute’s senior leadership. Reflecting on the discussions, the Deputy Governor stated:
“We were honored to meet with Dr. Ahmed Al Shaikh and the BIBF leadership. Their gracious hospitality—including the prominent display of the Somaliland flag at their headquarters—was a powerful gesture of partnership. Our longstanding relationship is now entering a dynamic new phase, with productive talks on enhancing training programs and institutional capacity-building, particularly for financial institutions such as the Bank of Somaliland.”
He added, “The warmth of our reception embodied Bahrain’s renowned generosity and signals a promising future of deepened collaboration.”
Separately, Mr. Khaire met with Dr. Abdelilah Belatik, Secretary-General of the CIBAFI Secretariat, and Dr. Muhammad Bilal, alongside members of the Central Bank of Somaliland’s Sharia Committee.
“We sincerely appreciate the warm welcome and fruitful discussions on future cooperation between our institutions in strengthening the Islamic financial system,”said Mr. Khaire. *Notably, CIBAFI and the Somaliland Institute of Banking & Finance (SLIBF) already have an existing agreement. Building on this foundation, we have agreed to expand collaboration and will soon sign a comprehensive partnership agreement covering multiple strategic areas.”
These engagements underscore Somaliland’s commitment to fostering international financial cooperation and advancing its banking sector’s development.
