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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.

5 Upcoming Tech Companies in Bahrain to Watch Out For in 2019

Bahrain’s business-friendly environment has already helped attract and nurture many startup businesses, and new startups are establishing themselves all the time. The tech startup industry, in particular, is thriving, helping to grow the Middle East technology sector and generating more jobs every year. Tech businesses new to Bahrain don’t need to navigate the startup process … Continued

Innovating across a nation – a testbed for the future

With Bahrain soon to become one of the first countries in the world to offer commercial 5G services in June this year, we are at the forefront of innovation – not just in pockets or special zones, but spread across our entire country.

Property – the next frontier in digital disruption

With big property players waking up to the potential of technological disruption on their businesses, it has been smaller, more nimble competitors who have led the change. One such disruptor is Estater, makers of a PropTech app which celebrated its entry into Bahrain.

Wozniak set to tackle FinTech phenomenon at The GCC Financial Forum 2019

History has given us some great double-acts. In the business world, few can match the achievements of the duo behind the game-changing tech giant Apple Inc. Steve Jobs and Steve Wozniak founded arguably the most influential and powerful tech company the world has ever seen. Jobs, though often given the majority of the praise for … Continued

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

Electronic commerce, more than any other facet of the economy, holds the potential to transform the GCC in exciting ways over the next few years. Taking into consideration that mobile phone subscriptions have already outpaced population numbers throughout the region – by 2.1 times in Bahrain and the UAE, for instance – it is a … Continued

Leaders converge on Bahrain to redefine FinTech

Fintastic Bahrain Week is just a few weeks away, and you don’t want to miss the impactful agenda that will see finance visionaries from across the globe descend on Bahrain to discuss technologies and innovations that are in the vanguard of redefining the financial services industry. The financial sector across the Gulf finds itself at … Continued

Team Bahrain welcomes 92 global leaders in 2018

The year 2018 marked a special year for us here at the Bahrain Economic Development Board (EDB), one in which we’ve realised record-breaking job creation and direct investment figures. We attracted over USD 830 million in direct investment with 4,772 jobs being added to our economy over the next three years. We have our Team … Continued

Innovation Flows to Bahrain Through the Digital Silk Road

Team Bahrain’s recent trip to China – touring commerce and innovation hubs including Shenzhen, Hangzhou, and Shijiazhuang – only served to deepen my conviction that our partnership has only just begun to fulfil its enormous potential. As China continues to build the Digital Silk Road and support the development of technology leaders, Bahrain represents a natural partner that can nurture the ingenuity of these visionaries and serve as a gateway to a region of 50 million people with a combined spending power of $1.5 trillion.