logo
BIBF seals tech pact

BIBF seals tech pact

Daily Tribune6 hours ago

TDT | Manama
The Bahrain Institute of Banking and Finance (BIBF) has teamed up with digital transformation leader INFINITEWARE in a strategic push to expand high-impact training and consultancy offerings aimed at preparing Bahrain's workforce for the future economy.
Signed on Wednesday, the Memorandum of Understanding (MoU) will see both parties jointly develop advanced learning programmes in artificial intelligence, software engineering and digital transformation, alongside tailored consulting services for corporate clients.
Digital Edge
The move aligns with Bahrain's broader ambitions to foster a digital knowledge-based economy by equipping nationals with in-demand tech skills. BIBF CEO Dr Ahmed AlShaikh described the collaboration as a reflection of a shared vision to build a future-ready workforce.
'This partnership empowers our local talent with the digital capabilities needed in today's labour market,' said Dr AlShaikh. 'It directly supports national development goals for a robust digital economy.'
Market Impact
INFINITEWARE, led by CEO Ameen Altajer, will leverage BIBF's institutional reach to offer bespoke learning experiences and impactful consultancy.
'We are proud to collaborate with BIBF, a respected institution in human capital development,' Altajer said. 'This partnership allows us to deliver market-driven solutions that truly address business needs.'
Tech Partnerships
The agre ement further strengthens BIBF's strategic direction in forming alliances with cutting-edge technology leaders. It also reinforces the institute's reputation as a regional and international training powerhouse, having served professionals in 64 countries since its establishment in 1981.
BIBF's portfolio spans sectors including banking, Islamic finance, insurance, executive education and project management, now with a growing emphasis on digital transformation.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

BIBF seals tech pact
BIBF seals tech pact

Daily Tribune

time6 hours ago

  • Daily Tribune

BIBF seals tech pact

TDT | Manama The Bahrain Institute of Banking and Finance (BIBF) has teamed up with digital transformation leader INFINITEWARE in a strategic push to expand high-impact training and consultancy offerings aimed at preparing Bahrain's workforce for the future economy. Signed on Wednesday, the Memorandum of Understanding (MoU) will see both parties jointly develop advanced learning programmes in artificial intelligence, software engineering and digital transformation, alongside tailored consulting services for corporate clients. Digital Edge The move aligns with Bahrain's broader ambitions to foster a digital knowledge-based economy by equipping nationals with in-demand tech skills. BIBF CEO Dr Ahmed AlShaikh described the collaboration as a reflection of a shared vision to build a future-ready workforce. 'This partnership empowers our local talent with the digital capabilities needed in today's labour market,' said Dr AlShaikh. 'It directly supports national development goals for a robust digital economy.' Market Impact INFINITEWARE, led by CEO Ameen Altajer, will leverage BIBF's institutional reach to offer bespoke learning experiences and impactful consultancy. 'We are proud to collaborate with BIBF, a respected institution in human capital development,' Altajer said. 'This partnership allows us to deliver market-driven solutions that truly address business needs.' Tech Partnerships The agre ement further strengthens BIBF's strategic direction in forming alliances with cutting-edge technology leaders. It also reinforces the institute's reputation as a regional and international training powerhouse, having served professionals in 64 countries since its establishment in 1981. BIBF's portfolio spans sectors including banking, Islamic finance, insurance, executive education and project management, now with a growing emphasis on digital transformation.

Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches
Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches

Daily Tribune

time6 hours ago

  • Daily Tribune

Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches

Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of its new summer promotional campaign for credit cardholders. Running until 20 October, 2025, the campaign features three grand draws offering generous prizes to 50 winners with cash prizes totalling BD 14,000, in addition to 200,000 loyalty points. Customers participating in this exciting campaign will have the chance to win cash prizes and reward points when using their credit cards locally, internationally, or online for a minimum sum of BD300 for local transactions, and BD700 for international or online transactions in foreign currencies excluding Euro. The summer promotional campaign includes cash prizes totalling BD 14,000 for 50 winners, in addition to 200,000 reward points distributed to eligible customers based on their local and international credit card spending. Customers are automatically entered into the draw upon achieving the minimum qualifying spending amount, with one entry for every BD50 spent during the campaign period. Customers who meet all eligibility criteria will also qualify to enter the three draws and win each, giving them a chance to triple their wins during the campaign period. Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated, 'At Al Baraka Islamic Bank, we provide real value to our customers through innovative programs and initiatives that meet their daily needs and offer greater rewards. Our summer credit card campaign is part of this commitment, offering a distinct mix of cash prizes and loyalty points to enhance the customer experience and support their financial goals.' It is important to note that Al Baraka Islamic Bank's credit cards are fully Shari'a-compliant and come with numerous exclusive benefits. These include no salary transfer requirement, no annual fees, and the Al Baraka Rewards Program, which allows points to be redeemed for global travel and accommodation offers, free access to airport lounges worldwide, and other unique perks.

India-UK FTA likely to be signed by July-end
India-UK FTA likely to be signed by July-end

Daily Tribune

time9 hours ago

  • Daily Tribune

India-UK FTA likely to be signed by July-end

TDT | agencies India and the UK are aiming to sign their Free Trade Agreement (FTA) by July-end, as legal teams from both sides work overtime to get the formal text of the pact ready. To give directions to the officials involved in the last mile formalities, commerce secretary Sunil Barthwal and additional secretary L Satya Srinivas will be in London for the next two days. They will also be holding meetings with their counterparts from the UK and UK secretary of state for trade and business Jonathan Reynolds. The visit of the top officials of the Department of Commerce follows the visit of Commerce and Industry Minister Piyush Goyal to the UK last week. Goyal met his counterpart Reynolds and both sides also held a negotiation meeting and reviewed the progress prior to the signing. The Indian legal team is also in London for the legal scrubbing of the text. The conclusion of FTA negotiations between India and the UK was announced on May 6. Earlier officials said that it might take three months to get the text of the FTA ready for signing. After the agreement is signed it will be made public. Then it has to be ratified by both countries before it comes into force. In the UK the ratification is done by the Parliament and this process could take up to a year. For India the ratification of agreements is done by the cabinet. So it could take up to 15 months from now for the FTA to become operational. The FTA will remove taxes on the export of labour-intensive products from India such as leather, footwear and clothing, while making imports of whisky and cars from Britain cheaper. Through the FTA both sides are aiming to double their trade to $ 120 billion by 2030. The pact will also liberalise services trade and make the movement of professionals easier. Along with FTA, the social security agreement or Double Contribution Contributions Convention has also been agreed to. Both sides are now engaged in finalising the Bilateral Investment Treaty (BIT).

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store