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Bahrain and UK first in the world to pilot new artificial intelligence procurement guidelines across government

World Economic Forum selects UK and Bahrain as a testbed for new AI procurement rules 3rd July 2019, Dalian: Bahrain has announced it will pilot new guidelines for the procurement of Artificial Intelligence in the public sector, produced by the World Economic Forum (WEF) Centre for the Fourth Industrial Revolution. The announcement was made by … Continued

‘The Family Office’ Launches Programme to Sponsor 100 Bahrainis to Attend Digital Transformation Courses

29th May, 2019, Manama: With the cooperation of the Bahrain Economic Development Board, “The Family Office”, a global investment manager is sponsoring 100 Bahrainis to attend online programmes around digital transformation hosted by two leading universities, Massachusetts Institute of Technology (MIT) and Columbia University as part of the MIT-Columbia Digital Transformation Online Education Programme. As … Continued

The National Bank of Bahrain Takes the Lead as the First Bank in MENA to Provide Open Banking Services

 Bahrain’s national bank partners with Tarabut Gateway, Bahrain’s first licensed open banking systems provider, to enable customers to access new digital services and aggregate all their accounts from different banks 15 May, 2019 – Manama, Kingdom of Bahrain: National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in … Continued

Bahrain highlights its plans to target InsurTech as part of its FinTech strategy during UK Roadshow

Manama, 14th May 2019: A Bahraini delegation led by His Excellency Rasheed Al Maraj, Governor of the Central Bank of Bahrain (CBB) concluded a successful visit to the UK. The delegation attended the renowned Innovate Finance Global Summit (IFGS), where senior executives from the Central Bank of Bahrain, Bahrain Economic Development Board (EDB), National Bank … Continued

Game of hubs: The battle for the Middle East’s startup capital

Image courtesy of Shutterstock For several years, Dubai, with its strategic location and stability, has been able to establish itself as the hub for the private sector across the Middle East and North Africa (Mena). Boasting superior infrastructure, vibrant cultural and entertainment lifestyle sector, the emirate has been able to attract expatriates from across the … Continued

Jersey and Bahrain sign digital innovation agreement

Jersey and Bahrain have today signed a Memorandum of Understanding to work together to drive digital innovation across both jurisdictions, to encourage more women into the sector, and to assist entrepreneurs to create digital businesses, products and services – with a particular focus on those that will help the finance industry. The MoU has been … Continued

Bahrain and Turkey sign MoU to strengthen start-up collaboration

Manama, 01 May 2019: The Bahrain Economic Development Board (EDB), the investment promotion arm of Kingdom of Bahrain today signed a Memorandum of Understanding (MoU) with the Istanbul Development Agency (IDA) for co-operation on the development of start-up ecosystems in their respective countries. The MoU was signed by Pakiza Abdulrahman, Manager of Business Development – … Continued

Bahraini Business Delegation Signs $2 Billion Worth of Agreements with French Companies

On the side-lines of His Majesty the King’s visit to France Bahraini Business Delegation Signs $2 Billion Worth of Agreements with French Companies Bring the value of ongoing agreements with France up to $4.63billion   Manama/Paris, 29 April 2019: As part of His Majesty King Hamad bin Isa Al Khalifa’s visit to the French Republic, … Continued

Bahraini Business Delegation visits Le Swave FinTech Incubator and signs joint cooperation agreement

During an official trip to France, a Bahraini business delegation visited “Le Swave”, the French FinTech Incubator, which has offices, showrooms and joint workplaces designed to accommodate emerging businesses in the fast-growing world of financial technology. The visit comes on the side-lines of His Majesty King Hamad bin Isa Al Khalifa’s visit to France that … Continued

Wonder News officially launches regional headquarters in Kingdom of Bahrain

Chinese technology group to invest USD50 Million and create 500 jobsManama – Bahrain, 20 April 2019 – Chinese technology group Wonder News announced today the launch of its regional headquarters in Bahrain, which will offer services to GCC clients in the e-commerce and FinTech sectors. Wonder News will invest USD50 million and offer 500 employment … Continued