Binance awarded crypto-asset service provider license in the Kingdom of Bahrain

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 […]

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Bahrain among top 15 markets worldwide in the Agility Emerging Markets Logistics Index

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 […]

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Bahrain ranks 1st in MENA for financial, investment, and trade freedom according to the Heritage Foundation Index

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 […]

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Tap Payments grows client base by 60% in a year as global firms seek to tap into Gulf’s $29bn e-commerce boom

GCC-based fintech, launches in Bahrain to expand its regional operational hubs in the MENA region. Enables 80% of the region’s consumer payments through highly adopted country specific local payment networks with a unified relationship, technology and clearing process. Resolves the challenges of the region’s fragmented payment networks so international players may unlock the true potential […]

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Bahrain’s real estate transactions jump 46% in 2021

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 […]

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Bahrain EDB and Japan External Trade Organization sign MoU to promote direct investments

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 […]

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Bahrain Ranks Fourth Globally and Second in MENA for Islamic Finance Development Indicator

Bahrain also ranks first globally in Islamic finance regulation Value of Sukuk issued in Bahrain increased by 40% to USD5.3 BN, and Net Asset Value of Islamic Funds increased by 142% to reach $27 MN Bahrain has ranked fourth in the world and second in MENA for Islamic finance development according to the 2021 Islamic […]

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Mueller Middle East exceeds $100m in annual exports from Bahrain trading hub

• 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 […]

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