Bahrain

Dissecting Fintech Opportunities in Middle East and Africa

Dubai’s special economic zone, the Dubai International Financial Centre (DIFC), has released a new report that explores the opportunities related to fintech in the Middle East and African (MEA) region. The report provides recommendations and guidance for fintech firms looking

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Bahrain’s Central Bank Attempts to Spur Insurtech with Draft Rules on Comparison Sites

The Central Bank of Bahrain (CBB) has just issued draft rules on insurance aggregators; intermediaries with an insurance broker’s license who operate a platform for users to compare insurance prices and facilitates the purchase of them. The idea is that

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Bahrain to Introduce Regulation for Robo-Advisors

The Central Bank of Bahrain has today issued the Directives on “Digital Financial Advice”, better known as robo-advisors to most. This was issued following an industry consultation process. Mr. Khalid Hamad, Executive Director of Banking Supervision,Central Bank of Bahrain said,

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Fintech in Bahrain: A Glimpse of its Regulatory Initiatives

In the Bahrain Fintech Regulations Report 2019 in parts, produced by the Central Bank of Bahrain, we can see that Bahrain’s track record isn’t too shabby when it comes to holistic regulations. Bahrain’s fintech regulations are under the sole purview

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UAE Leads the Digital Banking Scene in Middle East

A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the

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Brett King’s Moven and Almoayed Partner to Transform Digital Banking Across MENA

With the goal of empowering banks in the MENA region to lead the world in digital banking services, Almoayed Technologies, the Kingdom’s first officially confirmed Open Banking AISP/PISP, announced a strategic partnership with Moven Enterprise, the turnkey smart-banking technology platform

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Bahrain Central Banks Draft Rules on Crypto-Asset Platform Operators

The Central Bank of Bahrain (CBB) has issued for consultation, the draft rules on Crypto-asset Platform Operators (CPO) which provides a regulatory framework for the licensing and supervision of crypto-asset services including those provided by a platform operator as a principal,

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First Bahrain Regulatory Sandbox Stage Alumni

The Central Bank of Bahrain (CBB) announced that Tarabut Gateway, a subsidiary of Almoayed Technologies is the first company to successfully complete the Regulatory Sandbox stage and to receive the CBB’s in-principle confirmation under the Open Banking regulatory framework. The

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3 Key Ways Bahrain’s Central Bank is Trying to Woo Fintech Startups

Over the years, Bahrain has become a significant fintech presence in its own right, and seems set on entering a new phase of growth. The region launched its own fintech hub that has housed some amazing projects, and in more

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ADGM Signs MOU with Central Bank of Bahrain to Promote Fintech

Central Bank of Bahrain seems going on partnership spree this as week as they sign yet another MOU with Abu Dhabi Global Market following their earlier partnership agreement with the Monetary Authority Singapore. The agreement was signed in Manama, Bahrain

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