Tagged: bahrain economic development board

Asian Countries like Bahrain and India Continue to Develop Financial Infrastructure to Support Payments Processing and other Fintech Services

Dalal Buhejji, the Director of Business Development, Financial Services at the Bahrain Economic Development Board, has noted that there are currently around 400 financial institutions based in Bahrain. Buhejji pointed out that these companies are offered a “stable, predictable and proven” regulatory and business environment… Read More

Bahrain and Saudi Capital of Riyadh Named as Top Fintech Ecosystems to Watch Closely: Report

The Kingdom of Bahrain and Saudi Arabia’s capital city Riyadh were recently chosen as the top Fintech ecosystems to watch closely, according to a report from research organization Startup Genome. The researchers at Startup Genome analyzed the economies and deal activities of several different countries…. Read More

UK Fintech Fasset Will be Tokenizing Hard Assets via Blockchain Tech as Part of Bahrain’s Fintech Sandbox Program

UK-based Fintech firm Fasset, a provider of blockchain-based solutions for the financing of sustainable infrastructure, has reportedly been approved or authorized to test out its software which tokenizes hard assets. The project is part of Bahrain’s Fintech regulatory sandbox program. The permit was issued by… Read More

Fintech: Bahrain’s Banking Industry Remains Focused on Adopting Innovative Financial Technologies, According to Local Investment Professional

David Parker, co-chief investment officer at the Bahrain Economic Development Board (an organization responsible for attracting inward investment into the Kingdom for key areas such as technology development and supporting the local financial and banking industry), recently confirmed that the country aims to position itself… Read More

Abu Dhabi Global Market Announces New Fintech Cooperation Agreement With Bahrain

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced on Monday it has entered into a fintech cooperation agreement with the Bahrain Economic Development Board (EDB). The organization noted that the agreement marks a significant first in the MENA region. Notably, with the new… Read More

Bahrain Signs Fintech Partnership with Singapore

The Bahrain Economic Development Board (EDB), Singapore Fintech Consortium (SFC), and the Dubai-asset management firm Trucial Investment Partners have partnered to create a new FinTech environment. This new agreement is a part of a wider partnership aiming to make Bahrain the region’s Fintech powerhouse. Khalid Al Rumaihi,… Read More

Bahrain Economic Development Board Announces Agreement With Singapore Fintech Consortium & Truical Investment Partners

The Bahrain Economic Development Board (EDB) announced on Wednesday it has formed a partnership with Singapore Fintech Consortium (SFC) and Truical Investment Partners to develop a fintech ecosystem and regulatory frame for the kingdom. According to EDB, the partnership aims to transform Bahrain into the… Read More

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