Bahrain first in GCC to license Starlink

he Telecommunications Regulatory Authority (TRA) has granted US firm SpaceX the licence to offer Starlink satellite and Internet services in Bahrain. The kingdom is the first in the GCC to grant a licence for this service. Starlink is a new and innovative service that uses a network of satellites along the Earth’s orbit in low […]

Tarabut Gateway gets DIFC licence to offer financial services

Tarabut Gateway, a leading open banking platform with offices across Bahrain and the UAE, has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in Dubai International Financial Centre (DIFC). Tarabut Gateway is the region’s first regulated open banking platform that connects a regional network of banks and FinTechs via […]

Cashless transactions increase by 45% in Bahrain

Cashless transactions in Bahrain jumped 45 per cent to BD341.6 million last month when compared with the same month of 2021, reveals data from the Central Bank of Bahrain (CBB). There were nearly 14m point-of-sale (PoS) and e-commerce transactions in Bahrain last month, 73.6pc of them contactless, the banking regulator said. The figures reflect the […]

Deal is signed for Bahrain ID cards delivery

A memorandum of understanding has been signed between the Information and eGovernment Authority (IGA) and the Transportation and Telecommunications Ministry for delivery of identity cards. iGA chief executive Mohammed Al Qaed and Bahrain Post Assistant Under-Secretary Shaikh Bader bin Khalifa Al Khalifa signed the deal yesterday in the presence of officials. “The renewal of the […]