Keeping The Momentum: Bahrain's Key Players On What It'll Take To Invigorate The Startup Scene

May 10, 2018

 

Held in early March of this year, Unbound Bahrain, the first of the global conference series to be hosted in the region, organized by Bahrain Economic Development Board(EDB) and supported by Startup Bahrain, saw a barrage of more than 1,500 participants and over 50 startups in the region heralding for discussions, startup competitions and hackathons to stir up Bahrain (and the MENA’s) ecosystem. Though it bears similarities with its neighboring Gulf countries, it’s unjust to generalize the whole region as one when each market and nation differs, and, as Bahrain does, rises on its own merit.

 

One such example is the country’s fintech scene- in 2017, the Central Bank of Bahrain (CBB) announced new regulations for a regulatory sandbox to allow fintech startups to test and experiment their concepts, prov