Bahrain

With an aim to expand through the Middle East and work with diverse regulators, the co-founders hope to further their vision of mass adoption of crypto assets in the region.

Given his enterprise's focus, Almoayed likens the accelerated digital adoption the region saw in 2020 as having been a wake-up call for businesses and industries that had ignored this shift in the past.

VCs investing in the region have been right to be cautious so far, but now it's time for them to show a little Middle Eastern boldness of their own.

Catalyzed by the ongoing COVID-19 pandemic, something more radical than even the unprecedented consumer uptake of financial technologies is taking place in the GCC fintech space.

The app allows patients to speak to doctors via video consultations for non-urgent medical advice, get lab tests delivered, and receive prescriptions as well.

"In many ways, for the VC world, the pandemic is business as usual. Innovation never sleeps, and neither does the money that funds it."

The contest is to be held over a three-week period from May 12 to May 31 and encourages Arab youth to provide technically innovative and implementable solutions to the current challenges.

Economies hitherto almost entirely reliant on a single commodity are now boasting burgeoning and increasingly thriving tech ecosystems. But in many ways, we are still behind the curve.

While some might view regulations as a hindrance to innovation and creativity, in many cases, it actually supports entrepreneurs and startups to be able to innovate, create, and market their products and solutions in a legally and regulatory supportive environment.

Arab countries have begun to recognize that gender parity is both an economic and strategic imperative.

If you've ever dreamt of owning your own chocolate factory, this entrepreneur is sure to spark some envy in you.

One in three tech startups in the Arab world are run by women, significantly higher than in Silicon Valley, where female businesses only comprise 17%of the total.

The Senior Vice-President and Head of Development Services at Bahrain Development Bank -who is also the Fund Manager at Al Waha Fund of Funds- on how her country's initiatives are enabling not just its own but the region's entrepreneurial ecosystem

Bigger and better than before, the second edition of the event, running from March 6-7, 2019, is expected to host 3,000+ startups, investors, and businesses.

Existing investors Tenmou, Pinnacle, and 500 Startups also took part in this round, and with this, the total funds raised by Eat are now at US$3.4 million.

Bahrain Development Bank (BDB) has successfully closed its US$100 million venture capital "fund of funds" to support startups in Bahrain and across the MENA region.

The Bahrain Development Bank (BDB) has kicked off the US$100 million venture capital fund of funds to support startups in Bahrain.

On the sidelines of Unbound Bahrain, key players in Bahrain's ecosystem have their say.

Held at the Shaikh Ebrahim Center for Culture and Research, the conference gathered 400 attendees and more than 150 startups around the world.

Bahrain wants more from its financial technology sector, and it's stepping up.

The Bahrain-based Annada made quite an impression when it launched in 2011 offering scarves featuring original artwork by two regional artists, and co-founders (and sisters) Nada and Noor Alawi have since proved themselves to more than just a flash in the pan.