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The Kingdom of Bahrain is taking steady and promising steps to enhance the business environment in international indexes

In a discussion panel jointly organised by the Kingdom of Bahrain and the World Bank The Kingdom of Bahrain is taking steady and promising steps to enhance the business environment in international indexes ** December, 2019: In a discussion panel that was attended by officials from the World Bank and where light was casted on … Continued

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NBB Takes the Lead as the First Bank in the MENA Region to Launch Open Banking Solutions

Manama – 3 December, 2019 – National Bank of Bahrain (NBB) has set a significant benchmark in the region’s financial sector by becoming the first Bank in Bahrain and the Middle East and North Africa to launch Open Banking solutions. The Bank’s new ‘Aggregator’ service was revealed during an exclusive media gathering at Capital Club, … Continued

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Al Salam Bank-Bahrain and MSA Capital (China) to Launch $50 million MEC Ventures Positioning Bahrain as MENA’s Gateway to the Digital Silk Road

Al Salam Bank-Bahrain and MSA Capital (China) to Launch $50 million MEC Ventures Positioning Bahrain as MENA’s Gateway to the Digital Silk Road Guangzhou, November 20th – Al Salam Bank-Bahrain (“ASBB”) has partnered with China-based MSA Capital (“MSA”) to launch Al Salam-MSA Bahrain Fund I, I.L.P. (“MEC Ventures”), a US$50 million venture capital fund which … Continued

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Bahrain ranked first in MENA by Islamic Finance Development Indicator for seventh consecutive year

Research by the Islamic Development Bank and Refinitiv puts Kingdom in the lead regionally and second globally Seventh consecutive first-place ranking based on robust and supportive regulation and increases in number of Islamic Banking Assets and number of institutions offering Islamic Finance Continued success comes despite backdrop of slowing growth in the Islamic Banking sector … Continued

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Bahrain Readies for $320BN Middle East AI Boom with WEF Future Tech Workshop

WEF workshop help to build global framework for Artificial Intelligence procurement Events brought together government and entrepreneurs to develop future roadmap Experts from PwC predict a $320 billion AI boom in the Middle East by 2030 Manama, Wednesday November 6 – The World Economic Forum’s Centre for the Fourth Industrial Revolution Network has hosted a … Continued

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Bahrain to fast-track setup process for global startups

Lisbon – 29 October 2019: The Bahrain Economic Development Board (EDB) – the investment promotion agency for the Kingdom of Bahrain in partnership with Web Summit - announced today a fast-track setup process for startups globally looking to take advantage of the business environment and startup ecosystem in Bahrain. The initiative will also enable startups … Continued

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The World Bank recognises Bahrain among the top 10 most improved economies in the world

FDI grows from $65 million in 2015 to $1515 million in 2018   MANAMA, 25 October 2019 – Bahrain has been ranked among the top-10 most improved economies in the world in this year’s Doing Business 2020 report, up 19 places to 43rd place since last year in the World Bank’s assessment of 190 countries. The … Continued

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Rallye Du Maroc: Peterhansel wins the FIA World Cup for Cross Country Rallies

October 9, 2019 -    Second place for Carlos Sainz in Morocco Kuba Przygonski finishes third The Rallye du Maroc provided a dramatic finale to this season’s World Cup, and it was the MINI John Cooper Works Buggy crew of Stéphane and Andrea Peterhansel (FRA/GER) who were left celebrating the title in the FIA World … Continued

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Bahrain and Kerala sign MoU for cooperation in FinTech, ICT & IoT Startups

Bahrain and Kerala government agencies to cooperate on knowledge exchange, best practice and delegation visits to boost FinTech, IoT and ICT innovation Other areas of collaboration include education programmes, innovation projects and startup development and support Dubai, 9 October 2019: The Bahrain Economic Development Board (EDB), the investment promotion agency for the Kingdom of Bahrain, … Continued

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