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Tag Archives: venture

Bahrain-based GIB gains retail banking licence for digital venture

Gulf International Bank (GIB) said on Wednesday it had been granted a retail banking licence in Bahrain by the kingdom’s central bank for its digital venture called Meem. GIB is licenced by Bahrain’s central bank, headquartered in Bahrain and owned by the governments of the six Gulf Cooperation Council countries, with Saudi Arabia’s Public Investment Fund the principle shareholder with …

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Student entrepreneur receives boost for new business venture

Canadian University Dubai (CUD) student, Abzal Assembekov, and his team mates have received a huge boost for their enterprising idea following their recent win at the Dubai Startup Weekend event. Abzal was part of a four-member team of entrepreneurs who took first place at last month’s event with their business proposition ‘Photo Real’, which aims to provide a quality, professional …

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