All Bahraini conventional bank licensees must obtain the CBB's prior written approval before making a "major investment" (as described in CM-5.5.1E) in another commercial entity (whether incorporated inside or outside of Bahrain). [This Paragraph was moved to CM-5.10.3A, CM-5.10.3B, CM-5.10.3C and CM-5.10.3D in October 2016].