Zain Bahrain discloses Q1 2024 financials, revealing a 25.3% decline in net profit but a 7.4% revenue surge, driven by innovative data solutions. Despite challenges like start-up costs for its Fintech subsidiary, the telecom giant launches Bede, a Shariah-compliant Fintech Mobile App, and upgrades its 4G network for improved user experiences.
Bahrain National Insurance Company (bni) has signed an MoU with Nasmaakum, a sign language mobile app developed by Invita. This partnership aims to provide real-time sign language interpretation services, enhancing accessibility for individuals who communicate primarily through sign language.
Batelco, Bahrain’s leading telecommunications company, has launched Internet Protocol Version 6 (IPv6) to meet the increasing demand for IoT and digital products. This move from IPv4, which has a limited number of IP addresses, to IPv6 with its nearly limitless addresses, is set to improve internet efficiency, security, and network performance in Bahrain.
Bahrain’s Telecommunications Regulatory Authority (TRA) has achieved a significant milestone by being elected as the Vice Chair of the International…
Arab Financial Services (AFS) recently met with a Belgian economic delegation in Bahrain to discuss potential fintech and financial service partnerships, emphasizing Bahrain’s role as a key hub in the payments ecosystem.
Bahrain’s iGA met with Saudi Arabia’s Digital Government Authority during the GCC eGovernment Ministerial Committee meeting, discussing collaborative digital transformation initiatives.
Bahrain’s Crown Prince has issued Edict (102) of 2023, which approves the Sixth National Telecommunications Plan. The plan, set for a three-year term, aims to advance the Kingdom’s telecommunications framework, ensuring progressive development in line with modern technologies and services.
Resecurity, a global cybersecurity leader, has expanded its reach by opening a new office in Manama, Bahrain, with the support of the Bahrain Economic Development Board. This strategic move aims to serve the GCC market more effectively and includes the launch of a technology hub to train graduates in cybersecurity. Bahrain’s advanced digital policies and infrastructure offer an ideal environment for Resecurity’s growth and commitment to providing cutting-edge cybersecurity solutions.
Bahrain’s Transportation and Telecommunications Minister Mohammed Al Kaabi met with ITU’s BDT Director Dr. Cosmas Zavazava during the RDF-ARB 2023, highlighting the country’s efforts to bolster telecom sector development through international cooperation.
Bahrain Islamic Bank (BisB) has partnered with telecom services group STC to implement initiatives supporting small and medium-sized enterprises (SMEs) in Bahrain. BisB offers digital banking services and aims to provide innovative solutions for SMEs and corporate customers through this collaboration. STC Bahrain’s Chief Business Officer expressed their commitment to empowering SMEs and contributing to Bahrain’s Economic Vision 2030.
