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Bahrain and FinTech Consortium launch the largest dedicated FinTech hub in the Middle East and Africa

Manama, 5 November 2017: The Bahrain Economic Development Board (“EDB”) and FinTech Consortium (“FTC”) announced today the launch of “Bahrain FinTech Bay” (“BFB”), the largest dedicated FinTech hub in the Middle East and Africa. The new hub aims to further the development and acceleration of Fintech firms as well as the interaction between investors, entrepreneurs, … Continued

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StartUp Bahrain Week returns with more support for founders than ever

Manama, Bahrain – Under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander, Chairman of the Economic Development Board (EDB), StartUp Bahrain Week, the community-led festival of startup events, returned to Bahrain for the second time from 3-10 March. Startup delegations were able to attend a … Continued

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Bahrain Economic Development Board announces the launch of Beehive Bahrain Limited W.L.L.

– Launch will unlock new opportunities for start-up’s and investors in Bahrain and across the region – Manama, Bahrain, 4 March 2019: The Economic Development Board of Bahrain (EDB) and Beehive today announced the launch of Beehive, a debt-based crowdfunding platform, in Bahrain which will open up new funding avenues for SMEs and help drive … Continued

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Shari’a compliant cryptocurrency exchange ‘Rain’ graduates CBB Regulatory Sandbox, licensure looming

Middle East focused exchange Rain has been operating within the regulatory sandbox of the Central Bank of Bahrain (CBB) since December 2017 and announcing their graduation today Rain is a cryptocurrency exchange that is now Shari’a compliant (certified by Shariyah Review Bureau) The company is targeting a 2019 launch rain.bhRain, a Bahrain based cryptocurrency exchange, … Continued

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Middle East’s biggest innovation festival Unbound returns to Bahrain

Anchor event of StartUp Bahrain Week draws over 75 speakers and 3,000 delegates from across the region and around the world Features innovative topics including building a sustainable tech ecosystem, the growing FinTech industry, artificial intelligence, sustainability, venture capital and blockchainBAHRAIN, 20 February 2019 – World-renowned innovation festival Unbound will return to Bahrain on March … Continued

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StartUp Bahrain Week draws innovators and investors to leading entrepreneurial forums

Week-long events provide insights into business-friendly Bahrain as regional centre for startups   Highlights Bahrain’s dynamic diversification drive towards a digital economy  Manama, Bahrain: 18 February 2019 – Under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander, Chairman of the Bahrain  Economic Development Board (EDB), … Continued

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Middle East’s FinTech revolution to be showcased in Bahrain

Financial and technology sectors converge for a week of events, conferences and workshops promoting the dynamic FinTech industry  Global tech innovator and Apple Computers co-founder Steve Wozniak headlines The GCC Financial Forum on 26-27 February, co-hosted by Euromoney Conferences   Manama, Bahrain: 11 February 2019 – Bahrain’s central role in the rapidly developing world of … Continued

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Infrastructure and construction underpin continuity in Bahrain’s non-oil growth

Diversification stimulates non-oil sector expansion 2.4% year-on-year in Q3 of 2018 led by construction sector Exports of local origin products up by 9% year-on-year January-NovemberManama, 5th February 2019: Bahrain’s highly-diversified economy continues to show steady growth, where the third quarter of 2018 saw this driven yet again by the non-oil sector. The review of the Kingdom’s … Continued

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Bahrain Creates History as First Nation to Enact UNCITRAL Model Law on Electronic Transferable Records

– New wave of legislations includes Electronic Communications and Transactions Law – – Ground-breaking reforms to bridge trade and finance seamlessly, strengthen Bahrain’s digital economy – In a global first, Bahrain has enacted the Model Law on Electronic Transferable Records (MLETR), developed by the United Nations Commission on International Trade Law (UNCITRAL). The move is … Continued

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Bahrain Economic Development Board Attracts Investments Worth BHD314 Million in 2018

The Bahrain Economic Development Board (EDB), an investment promotion agency with overall responsibility for attracting investment into the Kingdom, attracted 92 companies and investments worth BHD314 million (US$830 million) in 2018. These achievements were announced at the annual EDB Reception that was attended by strategic partners from both the public and private sectors and more … Continued

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