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INDUSTRIAL NEWS

Al Tamimi celebrates operations in Bahrain’s FinTech ecosystem

Nov 4, 2019 12:04 PM

Al Tamimi & Company a leading law firm in the Middle East recently celebrated its fifth anniversary of operations in Bahrain s booming FinTech ecosystem in style. Since its establishment in Bahrain in...

Al Tamimi & Company, a leading law firm in the Middle East, recently celebrated its fifth anniversary of operations in Bahrain’s booming FinTech ecosystem in style.

Since its establishment in Bahrain in 2014, and 30 years of operating in the region also celebrated this year, Al Tamimi & Company said it has built a reputation for helping clients navigate and stay at the forefront of business, regulatory and legal developments that impact organisations across industry sectors.

More than 100 clients of Al Tamimi & Company including senior leaders in government, business and finance joined the anniversary celebrations at the Four Seasons Bahrain Bay.

A key highlight of the event was panel discussion with FinTech practitioners and related experts including: Khalid Saad, CEO, FinTech Bay; Shiraz Ali, CEO, Finzo; Gaby El Hakim, chief legal officer, National Bank of Bahrain and Haroun Khwaja, senior associate, Technology Media & Telecommunications, Al Tamimi & Company.

With FinTech and digital transformation more broadly now occupying an important part of corporate agendas in Bahrain, the panel discussion addressed the following themes: “How has Bahrain positioned itself as a hub for FinTech”, “Has Bahrain reached the objectives it set out to achieve in the FinTech space” and “Horizon scanning: What does the future of FinTech look like in Bahrain and what are our predictions”.

The session was moderated by Geoff Cooke of Oxford Business Group.
 
Foutoun Hajjar, partner, head of Office-Bahrain at Al Tamimi & Company, said: “We’re delighted to have marked this important occasion amongst so many of our clients and leaders of Bahrain’s business community and FinTech ecosystem.”

“In light of our role as early supporters and advisors to FinTech start-ups in Bahrain, and our mission to be the leading regional law firm for innovation and technology, we’re delighted to have marked our five years of success in the kingdom by celebrating the strong partnerships we have established with a diverse group of stakeholders in Bahrain’s rapidly developing FinTech and digital ecosystem,” he stated.

Essam Al Tamimi, senior partner, Al Tamimi & Company, pointed out that one of the most crucial aspects to enable a FinTech and technological revolution in the regions is education.

“All stakeholders must be prepared to learn and adapt to the changing environment guided by technological advancement,” stated Al Tamimi.

“Universities and educational institutions in the region must prepare future workforce to cope with the changing practices of business. Training and education is highly prioritised at our firm and we are making efforts to improve our knowledge internally as well as partner with educational institutions in training the future workforce of the region,” he added.-TradeArabia News Service

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