Bahrain Fintech Bay Partners with Qatar Financial Center

Bahrain Fintech Bay Partners with Qatar Financial Center

A Memorandum of Understanding (MOU) has been signed between Bahrain FinTech Bay (BFB) and the Qatar Financial Center Authority (QFCA), ushering in a new era of collaboration in the fintech

The post Bahrain Fintech Bay Partners with Qatar Financial Center appeared first on Fintechnews Middle East.A Memorandum of Understanding (MOU) has been signed between Bahrain FinTech Bay (BFB) and the Qatar Financial Center Authority (QFCA), ushering in a new era of collaboration in the fintech sector across the region. T

his agreement establishes a comprehensive framework for cooperation aimed at supporting the growth and development of startup networks and facilitating knowledge exchange between the two parties.

The MOU between BFB and QFCA signifies a mutual commitment to provide support for startups exploring business opportunities within each other’s territories. Key aspects of the agreement include the provision of co-working space access in Bahrain and Qatar for startups from BFB and QFCA during their business trips. This arrangement will ensure smooth operations and networking opportunities for startups on the move.

Further, both organizations have agreed to assist startups with their expansion plans into Bahrain and Qatar, respectively. This will be achieved by leveraging their extensive networks and local market insights. Additionally, BFB and QFCA have expressed