Amid the global spread of COVID-19, whole ecosystems have been forced to evolve more in a matter of weeks than they have in years – perhaps none greater than the financial sector. The global economy has gone into a tailspin, with markets collapsing and indices such as the S&P500 incurring monthly declines measured in double … Continued
With one of the most diverse workforces in the region, Bahrain believes strongly in putting equality first – from the classroom to the boardroom. According to the most recent figures, some 60% of computer science students at the University of Bahrain were women, and also accounted for 33.2% of managerial positions in the financial sector. … Continued
Last week a group of some 50 investors, entrepreneurs, VCs and academics convened in the Kingdom of Bahrain. All were Kauffman Fellows, a network that spans 46 countries around the globe, representing well over 500 venture firms and organisations. Over a series of engaging panel discussions, key figures from Bahrain’s thriving FinTech ecosystem shared their … Continued
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.
How can challenging traditional business models and offering greater choice help break down barriers in FinTech? Our very own Dalal Buhejji, Senior Manager of Financial Services, shares her thoughts.
Our second annual Fintastic Bahrain Week succeeded in showcasing Bahrain as a regional hub for FinTech. However, although the week’s short-term success is important, it’s the long-term success of the FinTech sector in the Middle East that is far more significant. Here are a few insights we can draw after an action-packed week.