BENEFIT sponsors Gulf University's Innovation and Sustainable Technology Solutions Competition
BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the 'Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT's active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT's active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition's supervisory committee. Her upcoming participation reflects BENEFIT's forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, 'We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT's enduring commitment to fostering innovation and nurturing the potential of Bahrain's youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.'
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, 'We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.'
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
For more information,
Aisha Buhiji
Administrator, PR & Corporate Communication
ayshab@benefit.bh www.benefit.bh
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fintech News ME
20 hours ago
- Fintech News ME
BENEFIT Launches Fourth Edition of Masar Fintech Internship Programme
BENEFIT, a company in Bahrain's fintech and electronic financial transactions sector, has announced the launch of the fourth edition of its annual fintech internship programme, Masar. The initiative is aimed at providing Bahraini youth with practical experience and skills development opportunities in the fintech field. This year's edition of Masar will support 40 selected participants, offering them the chance to gain industry exposure, enhance their problem-solving capabilities, and engage with ongoing developments in Bahrain's digital economy. Open to Bahraini university students and members of the BENEFIT team, the programme is intended to foster inclusive talent development. It combines advanced training in emerging financial technologies with hands-on workshops, allowing participants to work on real-world projects under the supervision of experienced professionals. Salah Al Awadhi, Chief Human Resources Officer at BENEFIT, stated: 'This initiative underscores our ongoing efforts to support national talent by equipping young Bahrainis with the skills needed to navigate the fintech sector. We recognise the importance of investing in human capital to ensure long-term development.' He added that the programme is structured to develop a generation of skilled individuals prepared to meet the shifting demands of the fintech industry. Through its emphasis on experiential learning and applied knowledge, Masar aims to prepare participants to contribute meaningfully to Bahrain's Vision 2030 and its broader ambitions for a knowledge-based economy.
Zawya
2 days ago
- Zawya
BENEFIT launches fourth edition of FinTech Internship Program ‘MASAR'
Manama, Bahrain – BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has officially announced the launch of the fourth edition of its annual FinTech Internship Program 'Masar'. This strategic program is designed to cultivate the potential of Bahraini youth by equipping them with hands-on experience, and skills development in the FinTech sector. Aimed at empowering 40 aspiring Bahraini trainees, Masar serves as a gateway into the FinTech ecosystem, offering participants the opportunity to gain real-world exposure, sharpen their innovative thinking, and actively contribute to advancing the Kingdom's digital economy. The fourth edition of Masar is open to all talented Bahraini university students, as well as members of the BENEFIT family, reflecting the program's commitment to inclusive national talent development. Aligned with the highest industry standards, it offers advanced training in emerging financial technologies alongside hands-on workshops, enabling participants to work on real-world projects under the guidance of experienced professionals at BENEFIT. Mr. Salah Al Awadhi, Chief Human Resources Officer, commented, 'We are pleased to launch the fourth edition of the Masar program, building on the strong foundation and success of its previous cycles. This initiative reflects our commitment to advancing national talent and equipping Bahraini youth with the specialised skills required to thrive in the FinTech sector—an increasingly vital pillar of the digital economy. We firmly believe that investing in human capital is fundamental to sustainable progress, and we are confident in the ability of Bahraini youth to play a leading role in shaping the Kingdom's digital future.' Mr. Al Awadhi affirmed that the latest edition of Masar is designed to advance the development of a highly skilled, innovation-driven generation equipped to meet the evolving needs of the FinTech sector. By emphasising experiential learning and critical problem-solving, the program empowers participants to apply their academic knowledge in practical settings. It serves as a vital platform for preparing future FinTech leaders who will contribute to Bahrain's Vision 2030 and the broader goal of fostering a resilient, knowledge-based economy.
Zawya
2 days ago
- Zawya
Bahrain Bourse, Benefit launch eIPO service on BenefitPay
Bahrain - Benefit, the kingdom's innovator and leading company in fintech and electronic financial transactions service, has signed a strategic co-operation agreement with Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, to launch eIPO Service (electronic initial public offering service) on BenefitPay. This initiative marks a significant advancement in streamlining investor access to public share offerings on the Bahrain Bourse, said a statement from Benefit. The new feature within the BenefitPay application, expected to be launched in Q4, will provide a fully integrated digital platform that enables users to subscribe to IPOs listed on the Bahrain Bourse. With its intuitive and user-friendly interface, the service will ensure a smooth end-to-end experience - from registration through to payment - while offering detailed and up-to-date information on available public offerings. This enhancement aims to provide retail investors with streamlined access to investment opportunities, improving both accessibility and overall user convenience. Shaikh Khalifa bin Ebrahim Al Khalifa, the CEO of Bahrain Bourse and Vice Chairman & Managing Director of Bahrain Clear, said: "We are pleased to collaborate with Benefit - an instrumental force in advancing Bahrain's digital financial infrastructure - to expand the reach of our eIPO services through the BenefitPay platform." "The eIPO service provides a secure, streamlined process for submitting and managing IPO subscription applications. Integrating this service within BenefitPay represents a strategic evolution in our efforts to enhance investor accessibility, simplify the subscription process, and foster greater public participation in capital market opportunities," he stated. Shaikh Khalifa said that the eIPO platform is set to further complement current service offering by Bahrain Clear, and aims to be aligned with the key objective of Financial Services Sector Development Strategy (2022-2026). Benefit CEO Abdulwahed AlJanahi said: "We are pleased to announce this strategic partnership with Bahrain Bourse, which represents a major step forward in advancing digital financial services across the kingdom. By integrating eIPO functionality into BenefitPay, we are enabling individual investors to subscribe to IPOs more efficiently, securely, and transparently." "This service simplifies the subscription process and encourages broader investor participation in IPOs—solidifying Benefit's role as a key enabler of digital transformation within the Bahrain Bourse and the wider financial ecosystem," he stated. AlJanahi said: "This initiative underscores Benefit's ongoing efforts to support the Kingdom of Bahrain's dynamic digital transformation within the banking and financial services sector. We remain dedicated to continuously enhancing the capabilities of the BenefitPay platform by introducing forward-looking features that promote financial inclusion and encourage a more informed and engaged investment community." "We are confident that this collaboration will play a meaningful role in increasing investor participation and further strengthening the capital market ecosystem," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
