BIBF approves 2016 budget

Manama : BIBF held its first board meeting for the year on Wednesday, under the governance of Rasheed Al Maraj, Governor of the Central Bank of Bahrain (CBB), and Chairman of the Board.

The meeting agenda included the approval of BIBF’s 2016 financial year budget, as well as an update on the Institute’s organisational progress and financials since the last board meeting in December. In addition, the board will discuss and examine 2015 audited financials.

BIBF Director Solveig Nicklos briefed board members on the next phase of BIBF’s strategy - a focus on the quality and relevance of its academic and professional programme offerings. She also noted the importance of BIBF’s role in the enhancement of local and regional higher education standards, and in enhancing the quality of human capital in the Kingdom.