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News and Press Releases


Citi launches tech hub in Bahrain to develop its digital platforms
Citi (C.N) launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the aim of employ
Sep 27, 20211 min read


Avana expands into Saudi Arabia with new services
Avana Companies, a leading ESG lending and investment platform, has announced its expansion into Saudi Arabia.
Sep 22, 20212 min read


Shorooq Partners launches new office in Bahrain with support of $100m Al Waha Fund of Funds
Al Waha Fund of Funds’ support central to Shorooq Partners’ decision to open in Manama UAE-headquartered Shorooq Partners has launched a...
Sep 21, 20212 min read


Bahrain’s Investcorp acquires British fintech MIR Limited
Bahrain-based Investcorp Technology Partners (ITP) has acquired all of the business and assets of UK-based fintech MIR Limited, for an...
Sep 13, 20212 min read


Bahrain’s Cashless Payments Surged by 65% In August
New data from the Central Bank of Bahrain (CBB) has revealed how the number of POS and eCommerce transactions in the country sky-rocketed by
Sep 8, 20212 min read


Sinnad joins Mastercard Fintech Express programme
Sinnad, a fully owned subsidiary of The Benefit Company has joined Mastercard’s Fintech Express accelerator programme in Bahrain in a...
Aug 23, 20212 min read


BENEFIT to power RuPay acceptance at ATMs and POS across Bahrain
NPCI International Payments Ltd has collaborated with BENEFIT, Bahrain’s innovator and a leading company in FinTech and electronic...
Aug 5, 20212 min read


Bahrain EDB: Why UK Fintechs Should Build Their Future Foundations in the Sand
The UK is a beacon in the financial services industry and has for a long time led the way in innovation and progress. The country regards...
Jul 28, 20213 min read


Mastercard Partners with Eazy Financial Services to expand digital offering for SMEs and Merchants
Mastercard has partnered with Bahraini fintech & Payment service provider Eazy Financial Services to provide SMEs and micro merchants with d
Jun 30, 20212 min read


Trading volumes in Bahrain's cryptocurrency platform Rain cross $1bn mark
Volumes grew 20-fold during the first half of this year, the company says Bahrain’s Rain Management enables customers to buy sell, and...
Jun 28, 20212 min read
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