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Why digitalisation has helped Bahraini banks escape the brunt of Covid-19

By: David Ndichy Source: Gulf Business © 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED. A relatively advanced digital infrastructure has done well to cushion Bahraini banks from the impact of Covid-19. Bahrain is home to the region’s first hyper-scale data centre, was one of the first countries in the world to roll out nationwide commercial 5G, … Continued

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Central Bank of Bahrain Launches Tokenization Service for Contactless Payment

The Central Bank of Bahrain, in cooperation with the Benefit Company, retail banks and Bahrain Facilities Company, announced the launch of a coding service for operating the encryption feature for contactless payment for smartphones running the Android system. This feature allows payments to be made digitally via POS devices using a smartphone. This service is … Continued

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GCC cities dominate top ranks in financial attractiveness index

Manama ranked first in the world Manama – August 19 2020: Every single GCC member was represented in the top 20 most financially attractive cities in the world, according to AIRINC’s latest Global 150 Cities Index. The index ranks 150 of the top global locations according to financial attractiveness and lifestyle attractiveness. It combines local … Continued

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The Economist x Bahrain EDB | The Region’s Digital Transformation

The GCC is at an inflection point. Recent decades have seen governments and businesses throughout the region increasingly embrace advanced digital technologies as a source of future growth. If successful, their efforts could help drive the region’s ambitious diversification plans. Key challenges persist. A regional digital skills shortage, a lack of economic integration between GCC … Continued

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Bahrain and Sharjah among world’s top 5 start-up hubs – New Report

Bahrain’s response to COVID-19 praised in study Bahrain now in top 10 Africa and MENA countries for early-stage funding, according to study Manama, July 5, 2020: The GCC’s Bahrain and Sharjah are among the world’s top five fastest-growing ecosystems with fewer than 1,000 start-ups, according to The Global Start-up Ecosystem Report 2020. The major study, … Continued

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Bahrain Maintains 2nd Place among Arab countries in UN eGovernment Development Index 2020

The Kingdom of Bahrain maintained its second place ranking among Arab countries in the eGovernment Development Index 2020 ranking it among the very high categories, which was formulated based on the results of a 2020 United Nations eGovernment Survey. The index and its accompanying report, launched on Friday, 10th July, 2020 by the United Nations … Continued

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UAE and Bahrain rise in world’s top 100 startup destinations ranking

Manama, June 18 2020: The UAE and Bahrain have ranked among the 100 top destinations for startups around the world, according to a new study by StartupBlink. The research firm’s annual Startup Ecosystem Rankings Report calculates a score for each country based on tens of thousands of data points gathered from more than 50,000 members … Continued

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Bahrain becomes 1st country in MENA to ratify United Nations treaty on electronic communications

Manama, June 14 2020: Bahrain has become the first country in MENA to ratify a key United Nations convention on electronic communications, helping to enable a new wave of digital business across the region and enhance investor protections. The United Nations Convention on the Use of Electronic Communications in International Contracts (2005) aims to enhance … Continued

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Saaya Health: Covid sputs growth as several Global Brands sign deals

21st May, 2020 Saaya Health Tech, a Bahraini based Digital EAP company providing Mental Health Access to employees using its PaaS model has seen a boom in its usage post-Covid19. In the months since February alone, they have signed deals with the billion-dollar Bayer Pharma of Germany and also the Chemical behemoth Engro Corp of … Continued

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