Tagged: dalal buhejji

September 19, 2022 @ 11:42 pm By Omar Faridi  |  

As the first of several other planned announcements to come from the region, OpenNode intends to test a bitcoin payment processing and payouts solution via the Central Bank of Bahrain (CBB’s) Regulatory Sandbox. Bitcoin payments had “been non-existent in the island nation until now, which… Read More

December 27, 2020 @ 4:39 pm By Omar Faridi  |  

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

November 27, 2020 @ 7:04 pm By Omar Faridi  |  

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

September 30, 2020 @ 7:28 am By Omar Faridi  |  

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

August 19, 2020 @ 9:36 am By Omar Faridi  |  

Bahrain introduced its first Open Banking product for the MENA region during December of last year. The central bank of Bahrain is among the first major institutions in the Middle East to propose and create regulations that require the adoption of Open Banking technologies by… Read More

May 21, 2020 @ 11:25 pm By Omar Faridi  |  

  Bahrain’s residents have been using mobile and digital payments platforms a lot more now than they were before the COVID-19 outbreak. Safe distancing measures have been introduced throughout the Kingdom, in order to prevent the further spread of the Coronavirus. There are currently 7,888… Read More