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September 30, 2018

We Remit volunteer Jona de Cuia chats with Joslyn Pimentero, a domestic helper, at the financial Central district in Hong Kong, China September 2, 2018.

REUTERS/Bobby Yip

BY FANNY POTKIN AND Venus Wu

JAKARTA/HONG KONG (Reuters) - For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services.

B...

September 27, 2018

MANAMA,

The Islamic Financial Services Board (IFSB) and Bahrain Institute of Banking and Finance (BIBF) have announced the speakers’ line-up for the third joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series, which will be held on October 17 and 18 in Manama, Bahrain. 

The programme with the theme “FinTech, RegTech and Islamic Finance” will focus on the role of FinTech...

September 26, 2018

Bahrain Association of Banks (BAB) announced National Bank of Bahrain, Al Baraka Banking Group, Venture Capital Bank and Gulf International Bank as Strategic Partners for its upcoming Annual Forum focusing on “FinTech: Opportunities & Challenges”.

The Forum will be held on 31 October 2018 at the Gulf Hotel under the auspices of the Central Bank of Bahrain and expects to attract mo...

September 26, 2018

Are we heading towards the golden era of Bahrain’s startup ecosystem? Well, that very well might be the case as the Kingdom’s Economic Development Board (EDB) continues to draw a record number of investments from all around the world. According to new statistics released by the Bahrain EDB, the Kingdom has witnessed a 138% year-on-year surge in Foreign Direct Investment (FDI) dur...

September 26, 2018

جعفر: نحرص على تقديم أفضل تجربة مصرفية لعملائنا وتسهيل نجاح أعمالهم 

الوزان:  سنقدم من خلال شراكتنا مع ««الوطني» حلول دفع مالية رائدة 

انطلاقا من حرصه الدائم على توفير خدمات جديدة للعملاء، أعلن بنك الكويت الوطني عن شراكته الجديدة مع شركة تاب بيمنتس «Tap Payments» لخدمات الدفع عبر الإنترنت والتي تشمل مواقع التواصل الاجتماعي، حيث ستوفر الاتفاقية خدمات دفع إلكترونية سري...

September 26, 2018

The main entrance of Bahrain FinTech Bay office is seen in Bahrain Bay. (Reuters)

Bahrain EDB has attracted a record number of investment as businesses from around the world continues to look to Bahrain to access the opportunities in the $1.5tn Gulf economy.

According to Bahrain Economic Development Board (Bahrain EDB), in the first nine months of 2018, FDI inflows increased by 138...

September 25, 2018

MANAMA: New payment technologies like BenefitPay are helping small, virtual and home-based businesses compete in today’s fintech-focused business environment, the chief executive of Bahrain’s national electronic wallet operator has said.

“We are pleased that more small and home-based businesses, such as Instagram businesses in Bahrain are also taking advantage of the easy BenefitP...

September 24, 2018

Mr Ghazal, left, and Mr Al Saati at the signing

Through its ‘TAM Here’ self-service payment kiosks located across Bahrain, PIE has developed a service allowing Talabat drivers to deposit the cash they collect from deliveries, said a statement.

The newly-added service will make the cash collection process more efficient for Talabat and help optimise operations for more traceable cas...

September 20, 2018

Maqta Gateway and Abu Dhabi Global Market have signed an MOU to collaborate on innovation projects, technologies and knowledge transfer. Credit: Abu Dhabi Global Market

Abu Dhabi Ports subsidiary Maqta Gateway and Abu Dhabi Global Market have partnered to launch a creative platform for FinTech innovator firms to develop and test new solutions.

The Memorandum of Understanding (MoU)...

September 20, 2018

  • Chinese tech companies are recognizing that Bahrain is a great hub for e-commerce, said Simon Galpin of the Bahrain Economic Development Board.

  • The Gulf state has been building a digital economy in an effort to reduce reliance on oil revenues.

  • More international companies are setting up shop in the kingdom, Galpin said at the World Economic Forum in Tianjin.

The K...

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