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Rain Opens New Headquarters in Manama Bahrain Under the Patronage of the Governor of the CBB

Manama, Bahrain - Rain, the Middle East and North Africa region's leading crypto asset service provider, has officially opened its new headquarters in Manama, Bahrain, under the patronage and the presence of His Excellency the Governor of the Central Bank of Bahrain Mr. Rasheed bin Mohamed Al Maraj. The opening ceremony was attended by key figures from the kingdom’s financial and commercial sector, most notably HE Mr. Khalid Humaidan - Chief Executive of the Economic Development Board, the board of directors Mr. Talal Al- Zain, Mr. Eyad Sater and Mr. Hasan Haider, the co-founders of the company Mr. Joseph Dallago and Mr. Yehia Badawy, and other esteemed guests from banks, and business partners. The attendance of such respectful and esteemed guests highlights the importance of this step in cementing Rain's position in Bahrain and the wider region.

Rain's strengthening of its presence in Bahrain is part of its wider strategy to establish itself as the leading crypto asset service provider in the Middle East and North Africa region. The move comes at a time when the region is experiencing rapid growth in the FinTech sector, with Bahrain leading the way as a hub for innovation and entrepreneurship.

During the event, Rain's co founder and Mr. CEO Joseph Dallago spoke about the significance of this move, stating, "The opening of our new offices in Bahrain is a testament to our commitment to the region and our belief in the potential of Bahrain's FinTech ecosystem in general, and the crypto assets sector in particular. We are thrilled to be here and look forward to growing our presence in the region."

It was also stated by Mr. Mohamed Khalid Ateeq, General Manager of Rain in Bahrain that: “Rain's new offices, located in the heart of Manama, specifically at the prestigious Bahrain Bay area, will allow the company to better serve its Bahrain-based and regional clients, while also contributing to the growth of the country's FinTech sector. With the opening of these offices, Rain is well-positioned to take advantage of the opportunities presented by Bahrain's supportive regulatory environment and thriving FinTech ecosystem”.

With its focus on innovation, collaboration, and client awareness and satisfaction, Rain is well-positioned to continue its growth trajectory and establish itself as a leader in the region's crypto asset market.


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