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ICD-Thomson Reuters report names Bahrain most developed Islamic finance market in the GCC

September 04, 2014 ​Manama: For the second year in a row, Bahrain has been named the GCC’s leading Islamic finance market and second out of 92 countries worldwide, according to the ICD-Thomson Reuters Islamic Finance Development Indicator (IFDI).   As well as being highly ranked in terms of the Kingdom’s commitment to research and [...]

Public and Private sector leaders gather in Bahrain for Conference on project and infrastructure finance

February 03, 2014 ​Conference to focus on current issues and reducing involvement from European Banks   Manama, Kingdom of Bahrain: Public and private sector leaders from across the region will gather today in Bahrain for the MEED Project & Infrastructure Finance Conference. Sponsored by the Ministry of Finance and the Bahrain Economic Development Board [...]

Islamic finance reinterpreted at Global forum

June 14, 2016 ​ A who’s who of the world’s top Islamic finance figures convened at the Four Seasons Hotel Bahrain Bay on 3rd - 4th May to tackle the theme of “Rethinking Values of Sustainable Growth”, at the General Council for Islamic Banks and Financial Institutions (CIBAFI) Global Forum.   Held under the [...]

The Economic Development Board on Euro Finance Week in Frankfurt:“Bahrain is the hub of the MENA region”

November 23, 2014 ​Manama, Economic Development Board, 23rd November 2014: Officials from the Economic Development Board are in Frankfurt/Main this week to attend the annual Frankfurt Euro Finance Week 2014. Dr Jarmo Kotilaine, Chief Economist at EDB is one of the MENA experts giving a keynote address on Bahrain’s role as the hub of [...]

Islamic Finance & Banking

Bahrain ranked first in MENA by Islamic Finance Development Indicator for seventh consecutive year

Research by the Islamic Development Bank and Refinitiv puts Kingdom in the lead regionally and second globally Seventh consecutive first-place ranking based on robust and supportive regulation and increases in number of Islamic Banking Assets and number of institutions offering Islamic Finance Continued success comes despite backdrop of slowing growth in the Islamic Banking sector […]

Bahrain ranked in world’s top five Islamic finance economies by the Islamic Development Bank

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 […]

Joint Partnership Announced Between EDB and the ICD to Support SMEs in the Fast Growing Islamic Finance Sector

July 09, 2014 ​ Manama: The Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector arm of the Islamic Development Bank (IDB), signed a Memorandum of Understanding (MOU) today to promote SME growth in Bahrain by providing support, Sharia compliant products, and training. Under [...]

Bahrain Regional Leader in Islamic Finance Development

– Bahrain maintains second place in global ranking for fifth year in a row – – ICT Development Index acknowledge Bahrain’s ICT strong sector and its support to financial services growth, ranking Bahrain first in the MENA region once again – Manama, Bahrain – 14 January 2018: Bahrain has ranked second globally and first in […]

Bahrain Participates in Innovate Finance Global Summit 2018

– Delegation of senior government and private sector leaders hold high-level talks with investors – Manama, 20 March 2017: The Bahrain Economic Development Board (EDB) participated in the Innovate Finance Global Summit in London, UK, on 19-20 March, convening a senior delegation to showcase investment opportunities in Bahrain’s financial services sector and position the Kingdom […]

Why Bahrain can become a major hub for finance and technology

Reposted from Arabian Business Through careful planning and bold regulatory reforms, Bahrain is poised to become a major hub for finance, technology and innovation, according to a new report by the Milken Institute. However it added that Bahrain needs to continue its efforts to overcome challenges and achieve the objectives laid out in the kingdom’s […]

Region’s leading personal finance comparison platform is now live in Bahrain

STARTUP MGZN, 2019, the region’s leading personal finance comparison platform has officially launched operations in Bahrain. Not only was Souqalmal one of the first companies to be granted an e-broker license by the Central Bank of Bahrain (CBB) back in June, it has now become the first aggregator to introduce insurance comparison services in the […]

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