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Singapore FinTech Festival 2019: showcasing Bahrain opportunities

This year's Singapore FinTech Festival came at a time when the Gulf's long-established financial services industry is ripe with digital opportunity. Bahrain has played host to several key developments in the sector, from the licensing of the Middle East's first cryptocurrency trading platform Rain to the roll-out of revolutionary regulations that create a framework for … Continued

World Bank Doing Business 2020: Everything you need to know about Bahrain’s world economy rankings

At a time when major reforms are happening across the Middle East, Bahrain has been placed among the top 10 most-improved economies in the world in the World Bank’s Doing Business 2020 report. Here's everything you need to know about the Kingdom's improved ranking. What is the Doing Business 2020 report? Launched in 2002 by … Continued

Bahrain FinTech Bay’s Educational Programmes

As the first and still largest FinTech hub in the Middle East, Bahrain FinTech Bay (BFB) plays a number of important roles. Perhaps the most crucial of all of these is in education. If Bahrain, indeed any nation, is to remain competitive in an increasingly digital world, it must be able to meet the growing … Continued

How Bahrain powers the cloud to unlock digital transformation for global business

The cloud server is the cutting-edge technology backbone that connects everything from the internet-enabled apps on our phones to governments and big businesses. And while it might not be something that we can physically see, its very existence relies on mass computing power in locations around the world – locations like Bahrain. Amazon Web Services … Continued

AWS Summit Bahrain showcases gender progress and digital transformation

The Amazon Web Services Summit brings together the cloud computing community to connect and learn about AWS solutions. This week’s AWS Summit in Bahrain was the perfect demonstration of the Kingdom’s commitment to strong public-private sector partnerships as well as their achievements in the tech industry.  As part of the Bahrain Tech Week event, thousands … Continued

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 ventures, … Continued

Can the Middle East sustain surprise FDI growth in face of 4IR?

Bucking the global trend Last year, global flows of foreign direct investment (FDI) fell by thirteen percent – to the lowest level since the global financial crisis. As UN Secretary-General Guterres notes in his preface to the latest World Investment Report (WIR) from the UN Conference on Trade and Development (UNCTAD), this sharp drop in … Continued

Reaching out across borders to benefit startups

Cooperation and collaboration are critical success factors for entrepreneurial startups. In a world increasingly tied together by advances in communications technology, it is more and more common to find partners, collaborators, mentors and even entire ecosystems working across borders. So, how can we bring together ecosystems in a way that gives us a multiplier effect, … Continued

Launching the Open Banking Revolution in the Middle East via Fintastic Bahrain

The advent of Open Banking, mandated last year, and set to come into force in June this year, is the latest step in Bahrain’s leadership role in the FinTech sector.

Is the march of technology moving in the right direction?

Last week’s World Economic Forum on the Middle East and North Africa raised the question of how can we guarantee that technology becomes more human-centered and accountable as we move towards the Fourth Industrial Revolution. Our Chief Executive HE Khalid Al Rumaihi explores this further.