Corporate development was further continued in 2004 when the company rebranded as NEC and unveiled its new vibrant corporate identity
Change of Legal Status
In 2010 Monex Exchange Company changed its legal status from S.P (Sole Proprietor) to B.S.C. Closed (Bahrain Stock Company)
Open First Agent
First agent of Western Union in the Kingdom of Bahrain it was one of the pioneers of the global remittance business in the Middle East.
The Company was Founded
Monex began its operations in 1993 as Monex Exchange Company when it was registered with MOIC and approved by Central Bank of Bahrain as a Money Changer