Central Bank of Bahrain launches a first of its kind fintech platform to drive innovation in the region

FinHub 973 launched in cooperation with the Bahrain Economic Development Board, Bank ABC, ila Bank, BENEFIT, National Bank of Bahrain and Bahrain Islamic Bank FinHub 973 will be powered by Fintech Galaxy’s FinX22 Innovation platform The platform aims to stimulate innovation opportunities, connect financial institutions in Bahrain to fintech startups from across the globe, and […]

Read more

GCC small business ‘boom’ to drive post-COVID economy as commercial registrations soar

Commercial registrations increase 109 percent in Bahrain amid new wave of entrepreneurs 99 percent of businesses in Saudi Arabia are SMEs making 64% of employment The sector contributes 52 percent of non-oil GDP in the UAE and is set to rise to 60 percent Manama, September 13 2020: Experts are predicting a GCC “SME boom” as […]

Read more

Bahrain grants UK FinTech Fasset first-of-its-kind authorisation to test blockchain-based solution for addressing US$ 15 trillion sustainable infrastructure funding gap

Manama, Kingdom of Bahrain —  UK-headquartered FinTech Fasset, a provider of blockchain-powered platforms for the financing of sustainable infrastructure, has received authorisation to test its solutions for the tokenisation of hard assets in Kingdom of Bahrain’s FinTech Regulatory Sandbox. The authorisation, issued by the Central Bank of Bahrain, is the first of its kind in the world. The […]

Read more

World Bank ranks Bahrain and UAE top Arab nations for human capital

Bahrain ranks first among GCC countries for academic achievement in Human Capital Index 2020 Manama, September 28 2020: The World Bank has ranked the UAE and Bahrain as the top destinations in the Arab world to invest in human capital, according to a new report. The Human Capital Index 2020 measures potential productivity in the health […]

Read more

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 salary […]

Read more

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, […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

Load more 9/315
Go to top