From upskilling workforces to fostering tech startups, Bahrain is helping shape the digital future.
Oct 26, 2023
Read moreFrom fintech to manufacturing, meet some of the new names making their entry to Bahrain – helping build on the strong momentum we’ve experienced in the second quarter of 2019.
The implementation of a series of major infrastructure projects has been a key driver of growth for Bahrain’s economy in recent years, and there are signs that an acceleration in construction projects is likely to stimulate further growth through the rest of 2018.
Bahrain has long provided a warm and open welcome to international travellers and businesses, and as the Kingdom undergoes an economic transformation, its strength as a tourism destination is set to become a cornerstone of its diversification strategy.
Organised by the same team behind Web Summit, RISE Hong Kong is "the largest tech gathering in Asia" and a converging point for some of the region’s biggest companies, highly anticipated startup firms and most influential investors.
Bahrain is the best place to live in the world for expatriates according to the 2017 InterNations Expat Insider Survey, which collected data from more than 12,500 expatriates living in 188 countries and put the Kingdom in the top spot.
We are committed to: promoting business-friendly regulation, creating a thriving startup community, and attracting new sources of investment. We are therefore delighted that Conway’s Site Selection magazine has recognised our efforts by naming Bahrain as the best place to invest per capita in the Middle East and Africa for the third year in a row.
Team Bahrain is about Bahrain’s agile government working together and with the private sector to create bespoke solutions for investors and entrepreneurs looking to base their activities in the Kingdom.
Technology-led innovation is disrupting economies around the world, and here in the GCC it’s a central pillar of the radical economic transformation that is creating exciting new opportunities across the region.
For fintech companies in the Middle East – and startups more generally – this is an exciting time. Governments across the region are working to cultivate ecosystems that can support their growth. If they have perhaps been overlooked in the past, the last few years have seen them put front and centre.
What do fintech, blockchain, and artificial intelligence have in common? They are all products of the digital transformation that is radically taking over and changing our economies and societies. Technological developments in fintech change the way we borrow, manage and spend money around the world.
As countries across the Middle East look towards increasingly diversified sources of growth, the need for high quality business intelligence is more pressing than ever. Explaining these changing trends and contexts, MEED’s upcoming GCC Projects Outlook 2018 report highlights the markets and projects that present the best growth opportunity.
Tourism- and real estate-related investments are now established elements of economic growth that’s gathering momentum right across the GCC. Here in Bahrain, the real estate sector is seen as the most stable in the region, with a legislative and regulatory environment offering unprecedented ownership and opportunities to international investors.
Held between 8 and 10 May under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and Chairman of the Bahrain Economic Development Board (EDB), Gateway Gulf brought together over 850 delegates from more than 40 countries. Over 90 speakers discussed a wide range of sectors, with projects worth $26 billion showcased across technology, oil and gas, real estate, tourism, housing, power, water, transport, public works and manufacturing.
With tourism in the spotlight in Bahrain this week, we were lucky enough to welcome one of the sector’s leading lights at the Capital Club Speaker Series, a series of events hosted at the prestigious Capital Club in Manama.
As the much-awaited Pitch@Palace Bahrain 1.0 came to a close last Thursday, those of us close to Bahrain’s thriving startup community have plenty to remain excited about.
The Kingdom’s fast-growing leisure and tourism sector has attracted more than $13 billion in infrastructure investments across 14 prominent, growth-boosting projects that support Bahrain’s broader economic diversification.
Six days, six events, four competitions, and over 50 speakers celebrating the importance of the dynamic and creative startup community in Bahrain – that was the invitation that attracted more than 2,000 delegates to attend the first ever StartUp Bahrain Week this March.
With Bahrain attracting $733m worth of investments and gaining the top spot on several global business rankings, 2017’s milestones highlight the Kingdom’s commitment to becoming one of the most vibrant and business-friendly nations in the region.
More than 700 regional and global leaders helped shine a spotlight on digital transformation in the industry during a week of finance-filled events, workshops and talks.
The MENA region’s largest FinTech hub has officially opened for business in Bahrain.
Bahrain has implemented a number of initiatives in recent years, aimed at making it easier to do business in the Kingdom. Among the most prominent of these is the new Trusts Law – putting Bahrain on par with many of the world’s leading international financial centers and opening a range of new opportunities for individuals and businesses.
As the GCC looks to ensure that it has a financial sector that can innovate while also preserving the overall stability of the financial system there are many factors that play an important role – but few as important as regulation.
With each passing Spring, Bahrain continues to show itself as a vibrant, welcoming destination for travelers – one that offers a diverse range of events and activities underscored by its unique culture and history.
Our mission at the Bahrain Economic Development Board (EDB) is clear: attracting and supporting investment into Bahrain to foster economic growth and reinforce the Kingdom’s position as a center of business excellence and gateway to the region.
#StartUpBahrainWeek brought together entrepreneurs, startups, and major accelerators as well as investors, to discuss ways of maintaining Bahrain’s position as a leading place to start and grow a business within the GCC region.
As the GCC looks to ensure that it has a financial sector that can innovate while also preserving the overall stability of the financial system there are many factors that play an important role – but few as important as regulation.
