Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announces that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). This landmark achievement for Binance represents its first license as a crypto-asset provider in The Cooperation Council for the Arab States of the Gulf (GCC) and demonstrates […]
The Kingdom of Bahrain ranked 15th overall among the world’s most competitive emerging markets and fifth in the area of business fundamentals, according to the 2022 Agility Emerging Markets Logistics Index. The Index ranks 50 countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers, and distributors. It […]
According to the 2022 Index of Economic Freedom published by the Heritage Foundation, Bahrain ranked first in MENA for financial, investment, and trade freedom. Amongst MENA countries, Bahrain ranked 4th for overall economic freedom. According to the report, Bahrain’s “overall investment framework remains transparent, and foreign and domestic investors are treated equally. The financial system […]
The GCC-based fintech company, Tap Payments, has launched its Bahrain hub in 2020. Over the past year, the company has onboarded around 30,000 new merchants across the region. This is a result of the company’s innovative solutions that can cater to regional and international players looking to break into the GCC booming e-commerce market, currently […]
Bahrain real estate transactions reach US$2.8 billion compared to some US$1.9 billion in 2020 Bahrain’s real estate transactions value rose by 46% in 2021, to US$2.8 billion (1,046,162,080 BHD), compared to US$1.9 billion (717,436,872 BHD) in 2020, according to figures released by Bahrain’s Survey and Land Registration Board. The total real estate transactions hit 26,136 […]
The Bahrain Economic Development Board (Bahrain EDB) has signed a Memorandum of Understanding (MOU) with the Japan External Trade Organization in Dubai (JETRO Dubai). This new partnership will further strengthen relations between the Kingdom of Bahrain and Japan, resulting in a stronger partnership, and one helps to highlight Bahrain as an investment destination for Japanese companies. The signing ceremony was held on December 12th 2021, at the Bahrain Pavilion at EXPO 2020 Dubai, followed by speeches and […]
Bahrain has ranked fourth in the world and second in MENA for Islamic finance development according to the 2021 Islamic Finance Development Indicator – IFDI 2021 by Refinitiv, a London Stock Exchange Group (LSEG) business, the world’s leading provider of intelligent information for businesses and professionals. The Islamic Finance Development Indicator (IFDI), which provides a […]
• Copper tube manufacturer eyes $1 billion of exports over next five years from Gulf logistics hub• Bahrain’s FTAs and access to $1.4 trillion GCC market help firm to capitalise on growing demand for copper tubing Copper tube manufacturer Mueller Middle East (MME) exceeded $100 million in global exports from its base in Bahrain and […]
