Manama, December 17th: The Bahrain Economic Development Board (EDB) has announced the appointment of Mr. Iain Lindsay as an advisor to the Board. Mr. Lindsay brings a wealth of experience, having worked as a British diplomat for 40 years, with experience in Europe, the Middle East and the Far East, serving most recently as the British Ambassador […]
Research by Refinitiv and the Islamic Corporation for the Development of the Private Sector (ICD) puts Bahrain in the lead in MENA and third place globally Eighth consecutive first-place ranking for Bahrain based on robust and supportive regulation and increases in number of Islamic Banking Assets Manama, December 15 – Bahrain ranked in the world’s […]
Manama, Kingdom of Bahrain (November 29, 2020) – Braxtone Corporate Services, a subsidiary of Braxtone Group, today announced the official graduation of their Motor Claims Recovery Platform “TASWEYA” from the Regulatory Sandbox of the Central Bank of Bahrain, CBB. TASWEYA provides insurance companies with an easy to use and secure market-wide centralized platform to manage […]
Trade between two Kingdoms hit $2.17bn during the first three quarters of 2020 Saudi Arabia is one of Bahrain’s key trading partners, with both nations connected by bridge Manama, October 22, 2020: Non-oil trade between Saudi Arabia and Bahrain increased 43 percent to US$688.4 million during the third quarter of 2020 compared to US$481 million […]
Trade between two Kingdoms hits $262.9m in June, highest since pandemic struck region Saudi Arabia is one of Bahrain’s key trading partners, with both nations connected by bridge Bahrain’s overall trade for the year-half reached US$10.4 billion globally Manama, September 30, 2020: Trade between Saudi Arabia and Bahrain has returned to levels not seen since […]
Trade between two countries hits $139.6 m in June, highest since pandemic struck region Bahrain’s trade for the year-half reached US$10.4 billion globally – only 2% down on 2019 Manama, September 30, 2020: Trade between the UAE and Bahrain has returned to levels not seen since before the COVID-19 pandemic, with new figures revealing US$936 […]
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 […]
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 […]
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 […]
