Fundraising for startups and new businesses using ‘Convertible Notes’ has been discussed by KPMG and Bahrain’s Economic Development Board (EDB) at a seminar.
Bahrain enjoys a cost advantage of up to 27% in terms of annual operating costs for financial services institutions when compared to its GCC peers, according to KPMG’s “Cost of Doing Business in the GCC” report.
MANAMA, Bahrain, Nov. 1, 2022 /PRNewswire/ Bahrain's investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore Fintech Festival (2-4 November) with the aim to support fintech and financial services companies tap into MENA market through Bahrain. During the first three quarters of 2022, Bahrain EDB has supported nine financial services companies to setup or expand in Bahrain, generating US$72.7 million (BHD27.5 million) in direct investments. The financial services investments are expected to generate over 840 jobs over the next three years. Financial services companies attracted by Bahrain EDB include the leading global blockchain services provider Binance, locally grown open Banking company Spier Technologies, and new regional headquarters for Gulf Insurance Group (GIG). Dalal Buhejji, Executive Director - Business Development for Financial Services at Bahrain EDB, said: "We are delighted to see more and
MANAMA, Bahrain, Nov. 1, 2022 /PRNewswire/ Bahrain's investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore Fintech Festival (2-4 November) with the aim to support fintech and financial services companies tap into MENA market through Bahrain. During the first three quarters of 2022, Bahrain EDB has supported nine financial services companies to setup or expand in Bahrain, generating US$72.7 million (BHD27.5 million) in direct investments. The financial services investments are expected to generate over 840 jobs over the next three years. Financial services companies attracted by Bahrain EDB include the leading global blockchain services provider Binance, locally grown open Banking company Spier Technologies, and new regional headquarters for Gulf Insurance Group (GIG). Dalal Buhejji, Executive Director - Business Development for Financial Services at Bahrain EDB, said: "We are delighted to see more and
/PRNewswire/ Bahrain s investment promotion agency, the Bahrain Economic Development Board (Bahrain EDB), announced its participation in the Singapore.