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Bahrain’s trade with Britain reaches $1.33bln

British Ambassador Roddy Drummond said he was looking for stronger engagements with Bahrain covering trade, security and culture   By Staff Writer, Gulf Daily News   Bahrain - Bilateral trade between Bahrain and the UK reached about £1.1 billion (2018-March 2019), according to latest figures revealed yesterday. British Ambassador Roddy Drummond said he was looking for … Continued

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Bahrain EDB appoints Khalid Humaidan as new Chief Executive

September 11th, 2019 – The Bahrain Economic Development Board (EDB) is pleased to announce the joining of Khalid Humaidan as Chief Executive, effective immediately. Mr Humaidan will be responsible for leading the EDB in attracting further investments into the Kingdom that will contribute to the generation of employment opportunities. Prior to joining the EDB, Mr … Continued

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Rain takes crypto trading by storm

Rain's cryptocurrency trading platform shows Bahrain's thriving tech ecosystem in action Bahrain established itself as a leading banking centre many years ago, with a financial services sector that continues to exist on the cutting edge. Rain had been operating in the Regulatory Sandbox of the Central Bank of Bahrain, an ideal testbed for new FinTech … Continued

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56 Indian firms in talks to invest in Bahrain ahead of Modi’s visit

By Avinash Saxena, Gulf Daily News AS many as 56 Indian businesses are in talks with Bahraini authorities to explore prospects of their foray into the kingdom, it has emerged. Bilateral economic relations and co-investment across financial services, ICT and start-ups sectors were expected to get a boost as a result of Indian Prime Minister … Continued

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Life on cloud Amazon

Few will have heard of it, or know its value, but Amazon Web Services is one-half of one of the world's largest companies, Amazon.com Vogels believes the expansion of AWS’s cloud operations in Bahrain will benefit the entire region Twenty laps to go in the Hungarian Grand Prix, and World Champion Lewis Hamilton pits for … Continued

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Cryptocurrency regulation: the best of both worlds

Caught between two extremes Cryptocurrencies are still very much an emerging phenomenon, often with unclear legal status. Depending on the country, digital currencies can be either loosely regulated or banned altogether – without a great deal in between. Traditionally, cryptocurrency companies have been forced to choose between major but expensive financial centres like London, or … Continued

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BD3m Miyar Food Factory eyeing international market

By Avinash Saxena, Gulf Daily News MANAMA: Ground has been broken on a BD3 million food factory that wants to take Bahraini halwa to international markets. Miyar Food Factory, promoted by the owners of Jamal Showaiter Sweets Company, will produce, process and package a wide range of household food products including Bahraini traditional halwa, Arabic … Continued

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Bahrain ‘can lead region in artificial intelligence’

AI is one of the most talked-about emerging technology in recent years By Staff Writer, Gulf Daily News Bahrain has the potential to become a centre for the development of Artificial Intelligence (AI) in the region, according to a top expert. AI, which is basically the simulation of human intelligence processes by machines, is one of … Continued

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Amazon Web Services launches Middle East Region in Bahrain

AWS customers in the region include Careem, Emirates NBD, Flydubai and Virgin Middle East Amazon Web Services has announced the opening of the AWS Middle East Region out of Bahrain, which the company says will allow companies, educational institutions and governments to run their applications and serve end-users from data centres located in the region. … Continued

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