Monday, September 21, 2020

BDB Group Supports as Event Partner

Bahrain Development Bank BDB Group was the Event Partner of the MENA Angel Investors Summit 2019 which was organized by Tenmou – Bahrain’s first Business Angels Company.

The summit, part of the Global Entrepreneurship Week (GEW), aimed at providing a platform to empower and connect local and regional startups with investors across the MENA region.

This year, the summit introduced 29 of the best startups from Bahrain and the MENA region innovating in various industries ranging from health-tech and fin-tech to education and logistics.

The main topics discussed during the summit were:  Introduction to being a Business Angel, Investors Education, Forming a Business Angels Network, Outlook and cultural insight from local Business Angels and Opportunities to fund start-up companies.

The program also featured a pitch presentation from Tenmou funded companies and a pitch presentation from high-potential MENA Entrepreneurs looking for funding.

Present from BDB Group were the Chief Executive Officer Mr. Sanjeev Paul, Bahrain Business Incubator Company’s Chairman and Managing Director Shaikh Hesham bin Mohammed Al Khalifa and BDB’s Head of Investment Division Mr. Isa Ahmed Al Doseri.

Mr. Paul stated, “The summit is another example of continued collaboration in our eco-system. The event is a great opportunity for startups, SMEs, and investors to connect and learn from each other’s experiences.

“BDB has 19.9% shares in Tenmou, and it is considered one of our fast growing portfolio companies.  The bank has supported the summit last year as well with financial sponsorship in addition to the participation in the panel discussion.”

Mr. Paul said BDB was playing a vital role in supporting young entrepreneurs through its financial and non-financial services.

“I believe that BDB is more than just a bank.  We are the only institution in the Kingdom that caters for startups and Small and Medium Enterprises, through their life cycle.”

MOST READ

Loan payment deference to help citizens, SMEs

The banks’ response to defer loan payments until the end of the year is a continuation of the initiatives in the financial and economic...

Bahrain marks World Patient Safety Day

Bahrain joins the world in marking the World Patient Safety Day observed on September 17. This year's theme is “Health Worker Safety: A Priority...

Carrefour Bahrain Introduces ‘Click and Collect’: The Latest Innovation for Faster and More Flexible Online Shopping

Carrefour, operated by Majid Al Futtaim in the Kingdom of Bahrain, is introducing Click and Collect, a new service that will give online shoppers...

iGA announces jump in usage of government app & eServices

Government digital transformation efforts are proceeding at breakneck speed, as reflected by the quarterly eServices statistics report, which recorded a 20 fold surge in...

Zain Bahrain introduces Zain Digital Natives Advancement Program for newly recruited Gen Z Bahraini employees

Zain Bahrain, a leading telecommunications operator in the Kingdom of Bahrain, fuelled by the passion to empower Bahraini youth with specific skills, recently announced...

stc Bahrain joins stc Group as the diamond sponsor of Virtual Capacity Middle East

stc Bahrain, a world-class digital enabler, joins stc group Kuwait and KSA as a Diamond sponsor of the virtual Capacity Middle East Conference 2020,...

Declaration Supporting Peace: A historic, brave step aimed to enhance regional security and stability

The declaration supporting peace signed by the Kingdom of Bahrain with the State of Israel is a historic move towards establishing peace in the...

AI Ethics by Dr. Jassim Haji

There global agreement among modern Artificial Intelligence professionals that Artificial Intelligence falls short of human capabilities in some critical sense, even though AI algorithms...

The American University of Bahrain (AUBH) welcomes class of 2024

The American University of Bahrain (AUBH), re-opened its campus in Riffa, following an orientation session for the incoming Class of 2024 students. AUBH Founding...

Interior Minister: valid PCR certificates for entry to Bahrain via causeway

The Interior Minister General Shaikh Rashid bin Abdullah Al Khalifa said that Polymerase chain reaction (PCR) certificates accredited by the Saudi Health Ministry within 72...

Health Minister receives Indian ambassador

Health Minister Faeqa bint Saeed Al Saleh, received Indian Ambassador to Bahrain Piyush Srivastava. The minister praised the historical relations between Bahrain and India in...

HH Khalid bin Hamad congratulates ‘Your Talent at Home’ winners

First Deputy Chairman of the Supreme Council for Youth and Sport (SCYS) and President of Bahrain Olympic Committee (BOC) His Highness Shaikh Khalid bin...

Bahrain exports BD190 Million Worth of Products of National Origins during August 2020

The Information &eGovernment Authority (iGA) issued its foreign trade report of August 2020, encompassing data on the balance of trade, imports, exports (national origin),...

stc Bahrain collaborates with INJAZ Bahrain to host a no. of virtual workshops

stc Bahrain, as a world-class digital enabler partnered with INJAZ Bahrain to host its Virtual Innovation Camp and Virtual Job Shadow workshops, in support...

CBB warns consumers when dealing with personal and banking information

The Central Bank of Bahrain (CBB) called on consumers to be cautious and vigilant when dealing with their personal and banking information. This warning came...