In June 2017 the Central Bank of Bahrain (CBB) announced plans to develop a regulatory sandbox, establishing Bahrain as a leader in the Middle East’s financial technology (fintech) landscape. The regulatory sandbox is a virtual space and framework that facilitates the development of fintech through safe testing of innovative products, services...
The most recent amendments to Bahrain’s Legislative Decree No. 21 of 2001 promulgating the Commercial Companies Law were ratified in January 2018, and built upon the shareholder-friendly trends of the 2014 and 2015 amendments to the decree.
In Bahrain, 4G mobile data services have been available since 2014, with operators having since upgraded to faster LTE-Advanced (LTE-A) networks. The kingdom is now working on the rollout of 5G networks, which will provide substantially faster download speeds and lower latency, allowing for the emergence of a range of new technologies based...
Bahrain boasts one of the best-developed telecommunications markets in the region, and the authorities are planning for further infrastructure upgrades, including the rollout of an ultra-fast broadband network across the country.
What progress has the government made in digitalising the provision of public services?
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the globe. While the technology is still taking off and its potential is not fully known, many emerging markets are hoping...
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