October 2, 2019

Manama, Oct.2 (BNA): The Central Bank of Bahrain (CBB) has won a key award for its initiatives in the area of Financial Technology (Fintech). The Most Innovative Fintech Regulator Of The Year was conferred by Fintech Galaxy, a digital crowdfunding platform, during FinX 2019, a Fintech event held on 2 October 2019 in Dubai, UAE. 

The Award recognizes the regulation entity that is a...

December 12, 2018

Manama, Dec. 11 (BNA): The Central Bank of Bahrain (CBB) announced that Tarabut Gateway, a subsidiary of Almoayed Technologies, was the first company to complete the Regulatory Sandbox stage successfully and received the CBB’s in-principle confirmation under the Open Banking regulatory framework.

The announcement was made at a ceremony held at the Bahrain FinTech Bay to mark this...

April 6, 2018

Manama, Apr. 5 (BNA): His Royal Highness Prince Andrew, Duke of York, this evening paid a visit to Bahrain FinTech Bay (BFB), where he was welcomed by Governor of Central Bank of Bahrain, Rasheed Mohammed Al Mi’raj. 

HRH Prince Andrew was briefed on the BFB departments, which is the largest financial technology center in the Middle East and Africa. He also listened to an overvie...

March 21, 2018

Manama, Mar. 21 (BNA): The Benefit Company and Eazy Financial Services signed a strategic partnership to introduce the MENA region’s first Biometric Payment Network. Mr. Abdul Wahed Al Janahi, CEO of The Benefit Company and Mr. Khaled Al Ahli, CE of Eazy financial signed the partnership in the presence of HE Khalid Al Rumaihi, CE of the Bahrain Economic Development Board and Mr....

March 17, 2018

Manama, Mar. 17 (BNA): Bahrain Islamic Bank (BisB) recently held a business meeting with "BENEFIT" at the company's headquarters in Manama. The meeting was attended by the Chief Executive Officer of BisB, Hassan Jarrar, the Chief Executive Officer of BENEFIT, Abdulwahed Al-Janahi, along with senior officials from both parties.

The meeting highlighted strategic future plans in di...

February 27, 2018

Manama, Feb. 27 (BNA): Al Baraka Banking Group (B.S.C) has announced its partnership with Bahrain FinTech Bay, the largest FinTech Hub in the MENA region. 

The Group has recently announced the launch of world’s first Islamic FinTech consortium "ALGO" along with its partners, Kuwait Finance House (Bahrain) and Bahrain Development Bank. That is in addition to number of FinTech acti...

February 11, 2018

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and Chairman of the Economic Development Board (EDB) today chaired a meeting of the EDB board.  

During the meeting, HRH the Crown Prince drew attention to the EDB's range of achievements in 2017. His Royal Highness noted that, in working alongside public and private sector par...

January 15, 2018

Manama, Jan. 15 (BNA): The Central Bank of Bahrain ("CBB") said it has authorized three Regulatory Sandbox applications, namely Wahed Inc., BitArabia and Belfrics, allowing them to test their Financial Technology ("Fintech") solutions in the Kingdom of Bahrain.

Bahrain is an established financial center and Fintech hub of the region. Hence, the CBB has made a decision to initiate...

January 5, 2018

Manama, Jan.5 (BNA) – Central Bank of Bahrain (CBB) Governor Rasheed Mohammed Al-Maraj has been named the Middle East Central Bank Governor of the Year award for 2018 by The US Banker, an offshoot of the Financial Times.

Council of Representatives Speaker Ahmed bin Ibrahim Al-Mulla sent a cable of congratulations to Al-Maraj, hailing the directives of the wise leadership and the G...

December 19, 2017

Manama, Dec. 19 (BNA): Bahrain will host the most innovative startups in the Gulf Cooperation Council (GCC) region.

As part of part of Bahrain Startups Week2018, the two-day event will take place at BIC on March 7-8 organized by "unbound global innovation festivals" in association with Bahrain Economic Development Board (EDB) and supported by "Bahrain Startups." 

The event is ex...

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