[vc_row][vc_column][timeline date=”2004″ title=”New Generation”]Corporate development was further continued in 2004 when the company rebranded as NEC and unveiled its new vibrant corporate identity[/timeline][timeline date=”2000″ title=”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) [/timeline][timeline date=”1995″ title=”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.[/timeline][timeline date=”1993″]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[/timeline][/vc_column][/vc_row]