Image courtesy of Economic Development Board of Bahrain Bahrain’s government has made vital steps to encourage entrepreneurship to stimulate its economy. In doing so, it has created a startup-friendly environment, with easy access to funding, long-term visas and a regulatory environment that is responsive to startup needs. One area where it seems to be excelling is in financial technology (fintech) with the establishment of the Bahrain Fintech Bay in 2018. The government-back
Under the patronage of Central Bank of Bahrain and in strategic partnership with the BENEFIT company and the Global Shapers Manama, Bahrain FinTech Bay kicked off the second BENEFIT FinTech Award Hackathon on the 21st of February 2020 — and continued the following day, the 22nd of February 2020 — under the theme of “Open Banking”. The weekend brought together a mix of university students and professionals from different educational backgrounds to build a working prototype —
We are excited to announce the launch of the MENA Financial Inclusion Report 2020. The report provides valuable insight on the current state of financial inclusion in various countries across the MENA region; and highlights the necessary steps that need to be adopted to promote further inclusivity. Click here to download the report 2020.
February 10th, 2020 (Manama, Bahrain) Trust International Insurance and Reinsurance Company B.S.C. (Trust Re), the largest reinsurer in the Middle East has become an international partner of Bahrain FinTech Bay, the leading FinTech Hub in the region. Click here to learn more.