Bahrain Fintech Bay Expands Environmental Financial Services to Support Entrepreneurs
Suzy Al Zeerah, Head of Operations at Bahrain Fintech Bay, a platform specializing in compliant digital financial services, stated that her company strongly supports startups and entrepreneurs as part of its overall growth strategy in the Kingdom of Bahrain.
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This was mentioned during a special interview with “Entarab” on the sidelines of the Fintech Forward Summit taking place in the Bahraini capital, Manama, from October 2 to 3.
Al Zeerah emphasized the importance of enhancing Bahrain’s business environment to be more attractive for innovation and development, helping to achieve the goals of Bahrain’s Economic Vision 2030.
She added that the company has expansion plans in the Middle East, Africa, and the Arab region to enhance technological services for entrepreneurs and emerging partnerships through Bahrain, aiming to increase ecosystem-compliant digital activities.
These plans include providing new tools and resources to assist entrepreneurs in achieving their successes.
Bahrain’s Vision
These efforts are part of Bahrain’s ambitious vision to stimulate the digital economy, according to Al Zeerah.
In this context, Al Zeerah confirmed that Bahrain has a strong infrastructure that supports innovation and facilitates startups’ access to global markets.
She noted that the flexible regulatory environment in Bahrain makes it an ideal destination for investments in fintech.
Al Zeerah explained that there are initiatives aimed at making Bahrain a hub for supporting startups in the region, given the talents and opportunities available to empower these important sectors.
She pointed out that the ecosystem in Bahrain provides the necessary support for innovators and entrepreneurs seeking to realize their ambitious ideas.
Support for Youth and Women
Al Zeerah added that through training programs and courses for all segments, whether youth or women in digital finance, as well as organizing events, the targeted goals can be achieved.
She emphasized that education and training play a vital role in empowering entrepreneurs and fostering innovation in the local market.
Moreover, she confirmed that Bahrain aims to enhance collaboration with international partners in fintech, which contributes to expanding the range of services offered and enhances the competitiveness of the Bahraini market.
Strategic partnerships with global companies are considered fundamental steps that allow Bahrain to benefit from the latest trends and technologies in the world of finance and business.
As part of these initiatives, Bahrain aims to attract more startups from around the world, providing greater opportunities for growth and investment.
Al Zeerah noted that Bahrain has a diverse community of entrepreneurs and investors, which enhances its ability to create a stimulating environment for innovation.
She underscored the importance of continuing to support startups and enhance innovation through collaboration and partnership, contributing to sustainable development and strengthening Bahrain’s position as a leading hub in fintech in the region.