BizBahrain Magazine (May-June 2019)

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Government Export Bahrain launch new “Trade Map” online platform Export Bahrain, in partnership with the International Trade Centre, recently announced the launch of its new interactive online platform “Trade Map” at the Global Entrepreneurship Congress 2019. The platform is accessible via Export Bahrain’s website export.bh and will provide Bahraini exporters with trade and market intelligence of over 220 countries and territories and 5,300 products in a relevant and efficient manner. The purpose of this is to allow Bahraini exporters to identify and capture international trade opportunities based on indicators on export performance, international demand, alternative markets and the role of competitors from both a product and country perspective. The platform stems from Export Bahrain’s aim to support and grow local exports, encourage international exporting and ensure that Bahraini companies keep pace with the international market’s products and services. The “Trade Map” platform aims to provide a comprehensive market data overview for exporters by providing monthly, quarterly and yearly trade statistics and figures, value of product units and competition in target markets amongst other features. Export Bahrain works with a variety of local and international partners to provide exporters with promising opportunities in international trade and actively reduce barriers to access world markets. Export Bahrain is one of the most prominent projects launched in November of 2018 that supports the private sector. Export Bahrain aims to promote Bahraini exports and support the Kingdom’s position as a global trading partner by providing value-add services for the development of the exports industry. Further enhancing Investor Relations in Bahrain Bahrain Bourse and the Middle East Investor Relations Association (MEIRA) has launched a new chapter in Bahrain, to further develop and enhance best practices in Investor Relations (IR) across the Kingdom of Bahrain. The MEIRA Bahrain Chapter was formally inaugurated at the signing ceremony of founding members who have recognised their commitment to develop the IR function in the local market. The founding members include ALBA, Bank ABC, Batelco, Ithmaar Holding, National Bank of Bahrain and SICO. Bahrain Bourse will also lead the Chapter represented by MEIRA Bahrain Chapter Head, Marwa AlMaskati. Shaikh Khalifa Bin Ebrahim Al Khalifa, CEO of Bahrain Bourse said, “The establishment of the Bahrain MEIRA Chapter sets the ground for establishing a solid network of IR professionals in Bahrain, and will certainly help in advancing the IR function and promoting international best practices among listed companies in the capital market.” “Bahrain Bourse will play a major role in this initiative to promote best practices in IR. Further, the roll-out of the chapter will also signal to the international investment community our commitment and enhance possibility of inclusion in emerging markets indices,” he added. Andrew Tarbuck, MEIRA Chairman said, “Since MEIRA signed the MOU with Bahrain Bourse in November, we have been working very closely with the exchange to develop a dynamic and committed Chapter in the Kingdom. This is a great milestone for MEIRA and the Bahraini capital markets and represents a unique opportunity to raise awareness of the importance of IR in the Kingdom. We look forward to collaborating with our Chapter Members and with Bahrain Bourse as the Chapter Head to increase the effectiveness and quality of the IR function among the organisations in the Kingdom through our wide range of activities and training programmes.” Members of the MEIRA Bahrain Chapter will now have access to a wealth of IR knowledge from global leaders in the form of specific educational initiatives and will be able to benefit from engaging local events aimed at uniting and advancing the IR community. Traffic Directorate to implement Blockchain Technology for registering Vehicles The General Directorate of Traffic last month offered companies a tender to implement the Blockchain project for the registration of vehicles in Bahrain. It calls concerned companies to offer their bids before the end of May 2019. Interested companies can get more details about the tender through the website of the Tender Board www. tenderboard.gov.bh. The Director-General of Traffic, Col. Shaikh Abdulrahman bin Abdulwahab Al Khalifa asserted the new registration project would reduce the cost, especially in protecting the primary data of vehicles, enhance the efficiency of information management and achieve a higher level of transparency in registering vehicles. He said that the Blockchain project was part of the government approach to offer high-quality services and the utilisation of global technology in regulating the registration of vehicles. The project is part of plans to benefit from modern technology in enhancing services and reinforce the role of the private sector. 44 May-June 2019
UNDER THE PATRONAGE OF HIS MAJESTY KING HAMAD BIN ISA AL KHALIFA, KING OF THE KINGDOM OF BAHRAIN Winner BEST TRADE SHOW OVER 10,000SQM IN THE MIDDLE EAST MESE 2018 AWARDS معرض ومؤتمر البحرين الدولي للدفاع Bahrain International Defence Exhibition & Conference bahrain’s premier international tri-service defence show 28 - 30 October 2019 Bahrain International Exhibition & Convention Centre Gold Sponsor Officially Supported by Bahrain Defence Force Royal Bahrain Air Force Royal Guard Royal Bahrain Naval Force National Guard Ministry of Foreign Affairs Ministry of Information Affairs Media Partner In Conjunction with Knowledge Partner Organised by Middle East Military Alliances & Coalitions
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Page 5 and 6: CONTENTS May - June 2019 28 | Bahra
Page 7 and 8: Ramadan Kareem Experience the taste
Page 9 and 10: ENCHANTING RAMADAN BAHARAT RESTAURA
Page 12 and 13: Main Feature | ICT Sector EXPLORING
Page 14 and 15: Interview | Huawei Ian Li President
Page 16 and 17: Interview | Huawei Showing its grow
Page 18 and 19: Interview | Huawei been dedicating
Page 20 and 21: Interview | CrediMax 20 YEARS OF DY
Page 22 and 23: Interview | CrediMax and credit ris
Page 24 and 25: Interview | Zoho Corp Raj Sablok Pr
Page 26 and 27: Interview | Zoho Corp Shall we go b
Page 28 and 29: Interview | Mohamed Isa BUILDING TH
Page 30 and 31: Spotlight | BIDEC 2019 BIDEC 2019 B
Page 32 and 33: Economic Strategy | Kingdom of Bahr
Page 34 and 35: Property Finder | Real Estate Analy
Page 36 and 37: Property Finder | Real Estate Analy
Page 38 and 39: Business Report | OBG What you need
Page 40 and 41: Expert Opinion | Information Techno
Page 42 and 43: Cybersecurity Solution | CTM360 2 F
Page 44 and 45: Highlights | Government iGA 2018 Fo
Page 48 and 49: Highlights | Banking & Finance CBB
Page 50: Banking & Finance Citi continues to
Page 53 and 54: Telecom Smart Home WiFi solution Ba
Page 56 and 57: Highlights | Real Estate Era Projec
Page 58 and 59: Real Estate Edamah sign an agreemen
Page 60 and 61: Highlights | Technology Wonder News
Page 62 and 63: Technology Huawei P30 series HUAWEI
Page 64 and 65: Highlights | Automotive Ferrari F8
Page 66 and 67: Automotive The All-New RAV4 Bringin
Page 68 and 69: Highlights | Other Business A.I Aca
Page 70 and 71: Other Business CIOCCOLATITALIANI op
Page 72 and 73: Biz Dashboard COMMERCIAL OFFICES FO
Page 74: Listing | Tender Board Bahrain Comp

BizBahrain Magazine (May-June 2019)

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