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UAE and Bahrain rise in world’s top 100 startup destinations ranking

Manama, June 18 2020: The UAE and Bahrain have ranked among the 100 top destinations for startups around the world, according to a new study by StartupBlink. The research firm’s annual Startup Ecosystem Rankings Report calculates a score for each country based on tens of thousands of data points gathered from more than 50,000 members … Continued

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Bahrain becomes 1st country in MENA to ratify United Nations treaty on electronic communications

Manama, June 14 2020: Bahrain has become the first country in MENA to ratify a key United Nations convention on electronic communications, helping to enable a new wave of digital business across the region and enhance investor protections. The United Nations Convention on the Use of Electronic Communications in International Contracts (2005) aims to enhance … Continued

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Saaya Health: Covid sputs growth as several Global Brands sign deals

21st May, 2020 Saaya Health Tech, a Bahraini based Digital EAP company providing Mental Health Access to employees using its PaaS model has seen a boom in its usage post-Covid19. In the months since February alone, they have signed deals with the billion-dollar Bayer Pharma of Germany and also the Chemical behemoth Engro Corp of … Continued

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Bahrain and Portugal enter proactive initiative to support startups globally during COVID-19

Manama, Bahrain and Faro, Portugal. 4 May 2020: The Bahrain Economic Development Board (EDB) – the Kingdom’s investment promotion agency – has entered into a proactive initiative with GrowIN Portugal, a platform that helps entrepreneurs incorporate, fund, expand and move their startups to Portugal. The agreement will serve to promote cooperation between the two organisations, particularly with regard … Continued

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The Italian Trade Agency (ICE) to open an office in Bahrain

Rome, Italy. 5th February 2020: The Italian Trade Agency (ICE) today announced the opening of an office in Bahrain after signing an agreement with the Bahrain Economic Development Board (EDB), on the sidelines of an official delegation visit to the Italian Republic, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, … Continued

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Standard Chartered partners with Bahrain FinTech Bay to foster fintech innovation in the Kingdom

Manama - Bahrain – Standard Chartered and Bahrain Fintech Bay announced a strategic partnership to support Bahrain’s fintech sector and industry, in line with the Kingdom’s Vision 2030. Standard Chartered and Bahrain FinTech Bay will work together to offer thought-leadership and mentorship programs to the growing fintech industry and share innovative market expertise and solutions to … Continued

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Bahrain partners with the World Economic Forum to launch ‘Closing the Skills Gap’ accelerator

Davos, January 27, 2020 – The Bahrain Economic Development Board (EDB) – the Kingdom’s investment promotion agency – has partnered with the World Economic Forum (WEF) to launch an innovative new accelerator, aimed at increasing employability and preparedness for the future of work among the current and next generation workforce. The announcement was made at … Continued

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BAHRAIN AND KARNATAKA SIGN MEMORANDUM OF UNDERSTANDING PROMOTING COOPERATION IN FINTECH, AI, IOT AND CYBER-SECURITY

Davos – 24 January, 2020: The Bahrain Economic Development Board (EDB) – the Kingdom’s investment promotion agency – and the Department of Information Technology; Biotechnology; and Science & Technology, Government of Karnataka, have signed a Memorandum of Understanding (MoU) to promote cooperation in AI, FinTech and other emerging technologies while fostering innovation and startup growth. … Continued

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Bahrain JCW X-raid team victorious at the 2020 edition of the Dakar Rally with Carlos Sainz in the driver’s seat

RIYADH, January 17th, 2020 – The Bahrain X-raid team has claimed victory at the Middle East’s first Dakar Rally. The route of Dakar 2020, hosted by Saudi Arabia, traveled through vast expanses of the largest country in the Middle East. 550 drivers from 62 nations faced a total of 7,500 km, with the Bahrain X-raid … Continued

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