MANAMA: Ahli United Bank (AUB) and Bahrain’s Labour Market Regulatory Authority (LMRA) have announced a joint agreement to open an AUB office at the LMRA’s Sanabis headquarters.

Under the terms of the agreement which was signed by LMRA chief executive officer Ali Ahmed Radhi and AUB senior deputy group chief executive officer Michael Collis, a dedicated AUB office within LMRA’s premises will be responsible for the collection of all service fees paid to the LMRA at the headquarters beginning today.

“In line with the LMRA’s objective to streamline and simplify the fee collection process, we invited AUB, a leading bank in Bahrain and the region, to set up a dedicated presence within our Sanabis headquarters,” said Mr Radhi.

“Our agreement with AUB further reinforces LMRA’s commitment to strategically reform all aspects of the nation’s labour market. “Through partnering with leading and established private sector institutions like AUB, we will be able to offer employers an efficient and speedy service,” he added.