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Tag Archives: Bahrain

Batelco launches first 5G device in Bahrain

Xiaomi Mi Mix 3 was tested on Batelco’s 5G network by a professional gamer Batelco, a leading digital solutions provider in Bahrain, has launched Xiaomi Mi Mix 3, the first 5G network supported device in the kingdom. The Xiaomi Mi Mix 3 was tested on Batelco’s 5G network by a professional gamer who commented on the speed of the device …

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Mastercard partners with Bahrain FinTech Bay to foster fintech innovation in Bahrain

Technology company to leverage its extensive experience to contribute to the development of Bahrain’s startup sector Manama, Bahrain: Highlighting its commitment to promoting joint efforts in support of Bahrain’s fintech sector, Mastercard, a leading technology company in the global payments industry, today partnered with Bahrain FinTech Bay to support the development of Bahrain’s fintech industry, and the growth of Bahraini …

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Third MEA FinTech forum launched

Central Bank of Bahrain Governor Rasheed Al Maraj yesterday called for developing a practical approach to finding the right balance between enabling innovation and protecting the financial system. Speaking during the third Middle East and Africa FinTech Forum, Al Maraj warned: “We cannot sit idle and not provide the leadership and innovative thinking that this industry needs to grow.” He …

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Bahrain Fintech Bay: RegFact conference hailed a success

The event brought together local and global regulators, policy makers and policy advocates RegFact 2019 was held yesterday at the Diplomat Radisson Blu under the patronage of the Central Bank of Bahrain. The event brought together local and global regulators, policy makers and policy advocates in the regulatory technology industry, and 250 delegates from various financial and governmental sectors in …

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Bahrain’s Investcorp, Coller form $1bln European private equity fund

The deal also includes fresh capital for any follow-on investments and future investments Bahrain-based alternative investment manager Investcorp said on Monday it was forming a $1 billion European private equity portfolio with Coller Capital. Investcorp, founded in 1982, is one of the oldest Middle Eastern private equity houses and is targeting $50 billion of assets under management over the medium …

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Bahrain targets ICT to become fintech hub

Bahrain’s Economic Development Board (EDB) has made the kingdom a data destination for Amazon Bahrain’s Economic Development Board (EDB) has made the kingdom a data destination for Amazon and is now keen to leverage the Kingdom’s telecoms connectivity and IT knowledge pool to become a regional fintech hub, said a top official. Khalid Al Rumaihi, CEO of EDB, was addressing …

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Could Rain from Bahrain be what MENA cryptocurrency traders have been waiting for?

Fledgling cryptocurrency exchange Rain hopes to become the region’s first to achieve full licensure Digital currency exchange Rain is aiming to become the first licensed cryptocurrency exchange in the Gulf Cooperation Council after graduating from Bahrain’s fintech sandbox. The exchange’s founders have been in discussions for two years to try to achieve a stable legal framework for digital currency traders, …

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Huawei gears up for “Huawei Day Bahrain 2018”

H.E. Eng. Kamal bin Ahmed Mohammad, Minister of Transportation and Telecommunications will be the guest of honour as Huawei shines spotlight on 5G, Safe Cities and other digital transformation drivers in Bahrain Manama, Bahrain: Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, will be hosting the “Huawei Day Bahrain 2018” on 02 October …

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Bahrain Tech Week to showcase new opportunities for growth

Bahrain’s Cloud First policy estimated to have saved 90% in government ICT infrastructure expenditure since last year’s event Manama, Bahrain: The Bahrain Economic Development Board (EDB) today announced that the Kingdom will host Bahrain Tech Week from 28 September to 7 October 2018, bringing together technology experts from government, major private-sector entities and startups to explore how digital innovations can …

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Bahrain is about to collaborate with a country to support the FinTech sector, find out who it is

According to the Bahrain Economic Development Board (EDB) Financial Services Executive Director, David Parker, Bahrain is planning on collaborating with Malaysia’s financial sector since both markets are in similar development phases when it comes to the FinTech sector. “We can work on our strengths because Malaysia and Bahrain both have relatively newly implemented policies when it comes to fintech. I …

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