Bahrain

  • ‘Jeans for Refugees’ initiative comes to GCC

    Jeans For Refugees by Johny Dar is being exhibited in the Moda Mall, Bahrain and sold to raise funds for the International Rescue Committee.
    Dar’s historic collection of hand-painted jeans, donated by celebrities including Jad Choueiri, Randeep Hooda, Hrithik Roshan, Cyrine Abdel Nour and Samira Said, will be available for purchase online throughout the holy month of Ramadan and the Eid holidays.

  • AFS FinTech Forum Highlights Need for Innovative Banking Solutions

    Bankers, regulators and FinTech experts from around the world had a very successful meeting at the 1st AFS Middle East and Africa FinTech Forum, held in Bahrain under the patronage of the Central Bank of Bahrain and supported by Bank ABC and Bahrain Economic Development Board. The event was also sponsored by Visa, GBM and ai Corp.

  • AL WAHA FUND OF FUNDS INVESTS 50% OF FUND AS IT HITS 1st ANNIVERSARY

    The $100 million Bahrain-based Al Waha Fund of Funds, launched on April 30th, 2018 with the aim of driving greater venture capital investment across the MENA region, has celebrated its first anniversary by announcing that in just 12 months it has already invested 50% of its $100m fund. Al Waha has invested in five funds from across the region and beyond including UAE-based BECO Capital, famous for being an early investor in Careem, Middle East Venture Partners (Bahrain, Dubai, Beirut and US), 500 Startups (global, with regional presence in Bahrain, Riyadh and Dubai), and European fund manager Finch Capital.

  • Arabian Auction accomplishes a new achievement in the 3rd Public Auction in Bahrain

    Arabian Auction has announced that it has achieved a new prominent accomplishment during the 3rd Public Auction for distinguished vehicle number plates, which was organized yesterday at Manama in Bahrain for Mazad, the company that falls under Mumtalakat Holding Company.

  • arabot named one of the 100 Arab Start-ups Shaping the Fourth Industrial Revolution

    arabot, the regional pioneer for intelligent bots, has been named one of the 100 Arab start-ups which are shaping the Fourth Industrial Revolution (4IR) in the MENA region. The company was selected by the World Economic Forum (WEF) and Bahrain Economic Development Board from nearly 400 applicants hailing from 17 countries across the Middle East.

  • AspenTech CEO Antonio Pietri to Speak at Middle East Process Engineering Conference (MEPEC) 2017

    Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced that Antonio Pietri, President and CEO, AspenTech will keynote at MEPEC 2017, the premier industry conference for Middle East process manufacturers and service providers, on “Driving Sustainable Growth.”

  • Bahrain aiming to roll-out commercial 5G by June

    The Minister of Transportation and Telecommunications, Kamal bin Ahmed Mohammed has announced that preparations for the rollout of 5G networks in the Kingdom of Bahrain are complete and anticipates that Bahrain will be one of the first countries globally to provide commercial 5G services by June 2019, pending availability of consumer handsets and equipment.

  • Bahrain Economic Development Board announces the launch of Beehive Bahrain Limited W.L.L.

    The Economic Development Board of Bahrain (EDB) and Beehive today announced the launch of Beehive, a debt-based crowdfunding platform, in Bahrain which will open up new funding avenues for SMEs and help drive innovation across the Kingdom and region.

  • Bahrain Partners with China’s Hebei Region to Establish Business Ties

    A senior delegation Bahrain led by the Capital Governor His Excellency Sheikh Hisham bin Abdulrahman Al Khalifa, under the aegis of the Bahrain Economic Development Board (EDB) today met with Xu Qin, Governor of Hebei and a number of local government officials and business leaders in Shijiazhuang.

  • Bahrain signs eight landmark agreements to deepen economic ties with Shenzhen

    This week, a senior delegation from the Kingdom of Bahrain led by the Capital Governor HE Sheikh Hisham Bin Abdulrahman Al Khalifa and organised by the Bahrain Economic Development Board (EDB) visited Shenzhen to discuss opportunities to strengthen cooperation. They met with Mr Ai Xuefeng, Vice Mayor of Shenzhen and a number of local government officials and business leaders at the Bahrain – Shenzhen Business Forum and the China High-Tech Fair.

  • Bahrain tops World Bank Index for Human Capital in MENA Region

    The World Bank last week announced its inaugural Human Capital Index, with Bahrain coming in the lead for the MENA region. Focusing on health and education, the Index measures how productive a child born today will be by the time they turn 18, where the Kingdom’s score increased by 6% since the research project started in 2012.

  • Bahrain tourism industry to reach US$1 billion by 2020

    The tourism industry in the Kingdom of Bahrain is growing rapidly and is expected to reach US$1 billion by 2020, according to figures released ahead of Arabian Travel Market 2017, which takes place at the Dubai World Trade Centre April 24-27.

  • Bahrain Welcomes First Proptech Concept Estater

    Fast becoming one of the most attractive technology hubs in the Middle East, Bahrain has marked a new milestone with the entry of its first property technology (proptech) company, Estater. Estater joins a thriving cadre of businesses benefiting from Bahrain’s advanced ICT infrastructure.

  • Bahrain’s financial services sector presents 35% cost advantage over regional neighbours

    A KPMG report, ‘Cost of doing business in Bahrain – Financial Services’, has revealed Bahrain as the most cost effective place in the Gulf to set up and do business in the Financial Services sector, with companies enjoying up to 35% cost savings compared with the rest of the region.

  • Bahrain’s Real GDP Records 2.4% growth in Q2

    Bahrain’s headline real growth rate increased sharply in the second quarter of 2018 to an annual rate of 2.4%. The data published in the Bahrain Economic Quarterly Report (BEQ), produced by the Bahrain Economic Development Board (EDB), shows a significant acceleration of growth from the previous quarter. This rebound was underpinned by both the normalisation of oil production and markedly faster non-oil growth.

  • BatelcoPresented with Best Sophos Partner in Bahrain Award by Bulwark during GITEX 2017

    Batelco,Bahrain’s leading digital solutions provider has been presented withthe award for Best Sophos Partner in Bahrain, at GITEX 2017 by Bulwark, the regional distributor for Sophos products.GITEX is the biggest annual ICT event in the MENA region, currently taking place at Dubai’s World Trade Centre.

  • Brazil posts robust trade with Arab region as imports grow 27 percent & export share rises to 15.4 percent during first half of 2017

    The Arab-Brazil Chamber of Commerce (ABCC) Brazil has announced that Brazilian average daily exports to the Arab region continue to soar, reporting a robust performance during the first half of 2017. Brazil’s total export market share in the Arab region rose to 15.4 per cent during the first half of 2017, in comparison with the total export market share recorded in 2016. Main exports included sugar, iron ore, beef, sports hunting equipment, car engines and chassis, automobiles, soybeans, poultry, coffee beans, precious and semi-precious stones, and cast-iron pipes. Saudi Arabia, the UAE, Algeria, Egypt, Oman and Bahrain were the largest importers of these goods.

  • Digital Innovation Boosts Middle East’s USD 650 Million Startup Market

    As the Middle East and North Africa’s startup market nears USD 650 million, global social entrepreneurship organization Ashoka, global technology company SAP, and members of the World Economic Forum’s Global Shapers Community have joined forces to drive dialogue and action with social entrepreneurs during the recent Global Entrepreneurship Week 2018 in Bahrain.

  • Dusit International continues Middle East expansion with first hotel in Bahrain

    Thailand-based, global hospitality company Dusit International has signed a hotel management agreement with Al Manzil Hospitality Group to operate the dusitD2 Seef Bahrain, a contemporary leisure and business hotel, scheduled to open in Manama, the country’s modern capital, next year.

  • Dusit International continues Middle East expansion with second property in Bahrain

    Thailand-based, global hospitality company Dusit International has signed a hotel management agreement with Dar Al-Huda Hotel Apartments S.P.C to operate Dusit Resort and Spa Lagoona Beach, an upper upscale beachfront hotel, resort and serviced residence, in Al Budaiya on the northwest coast of Bahrain Island.