Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
UAE crypto firm first in MENA to receive regulatory sandbox licence
Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
Bahrain conducts first 5G network live demo
VIVA Bahrain has launched the first live and public 5G network demonstration in the kingdom ahead of its deployment at homes and businesses in co-ordination with a number of 5G-enabled devices.
Batelco appoints new chairman
Bahrain Telecommunications Company (Batelco), has announced the appointment of a new Chairman, Shaikh Abdulla bin Khalifa Al Khalifa.
Bahrain sovereign wealth fund reduces IT costs by 50% with AWS
Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister and Chairman of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has recently announced the successful migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.
Huawei prepares Bahrain firms for 5G
Huawei has hosted a series of workshops gathering a lineup of industry leaders and experts in Bahrain. Held under the theme, “Empowered by Innovation, 5G is now,” the workshops were organised in partnership with local carriers and regulator.
Tech Mahindra names new country manager for KSA and Bahrain
Tech Mahindra has announced the appointment of Country Manager, Enterprise – Kingdom of Saudi Arabia and Bahrain.
Region’s first Shariah-compliant digital bank launches in Bahrain
The bank offers a 24/7/365 service model on its innovative mobile app and web banking portal allowing customers to open and manage their accounts, conducting everyday transactions through its online channel, supported by services such as video contact centre, e-mail, web chat and social media.