Latest news with #BoutrosKlink
Daily Tribune
11-04-2025
- Business
- Daily Tribune
Standard Chartered Bahrain's Women in Tech programme returns
Standard Chartered Bahrain, in partnership with Bahrain FinTech Bay (BFB), announced the sixth cohort of its 'SC Women in Tech' incubation programme in Bahrain, which will officially commence and open for applications on April 22. This marks the sixth anniversary of supporting female entrepreneurs in Bahrain. The programme was launched in collaboration with the Central Bank of Bahrain (CBB), the Labour Fund 'Tamkeen', Supreme Council for Women (SCW), and the United Nations Industrial Development Organization Investment and Technology Promotion Office, in Bahrain (UNIDO ITPO Bahrain), and Innovate for Bahrain (I4BH). The ceremony was attended by several dignitaries, including Dr. Boutros Klink, Bahrain CEO, Standard Chartered; Afnan Rashid Al-Zayani, Board Member, Supreme Council for Women; Suzy Al Zeerah, Chief Operating Officer, Bahrain Fintech Bay; Maryam Rahimi, Associate Director, Enterprise Programs and Partnerships Development at Tamkeen; and Ameer Abu Baker, National Investment Promotion Expert, UNIDO ITPO Bahrain, along with other senior officials and stakeholders. Support female entrepreneurs The Women in Tech Bahrain Incubation Program aims to offer valuable guidance and support to female entrepreneurs in Bahrain, enabling them to expand and prosper. To date, the programme has supported over 50 local startups through mentorship, with 19 startups receiving prize money totaling over USD 305,000. The programme aims to assist 10 businesses led by women through an intensive eight-week incubation period. Winners of the programme will receive prize money, with first-place winners receiving USD 35,000, second-place winners receiving USD 25,000, and third-place winners receiving USD 15,000. Additionally, all winning teams will be granted a 3-month residency at Bahrain FinTech Bay. The event also featured the announcement of a strategic collaboration between QuickDine, a startup that took part in the fifth edition of the Women in Tech Program, and Payment International Enterprise (PIE), a leading Bahrain-based fintech company.
Biz Bahrain
11-04-2025
- Business
- Biz Bahrain
Standard Chartered Bahrain, in partnership with Bahrain FinTech Bay, Announce the Sixth Cohort of Women in Tech Bahrain Incubation Programme
Standard Chartered Bahrain, in partnership with Bahrain FinTech Bay (BFB), announced the sixth cohort of its 'SC Women in Tech' incubation programme in Bahrain, which will officially commence and open for applications on April 22, 2025. This marks the sixth anniversary of supporting female entrepreneurs in Bahrain. The programme was launched in collaboration with the Central Bank of Bahrain (CBB), the Labour Fund 'Tamkeen', Supreme Council for Women (SCW), and the United Nations Industrial Development Organization Investment and Technology Promotion Office, in Bahrain (UNIDO ITPO Bahrain), and Innovate for Bahrain (I4BH). The ceremony was attended by several dignitaries, including Dr. Boutros Klink, Bahrain CEO, Standard Chartered; Ms. Afnan Rashid Al-Zayani, Board Member, Supreme Council for Women; Ms. Suzy Al Zeerah, Chief Operating Officer, Bahrain Fintech Bay; Ms. Maryam Rahimi, Associate Director, Enterprise Programs and Partnerships Development at Tamkeen; and Mr. Ameer Abu Baker, National Investment Promotion Expert, UNIDO ITPO Bahrain, along with other senior officials and stakeholders. The Women in Tech Bahrain Incubation Program aims to offer valuable guidance and support to female entrepreneurs in Bahrain, enabling them to expand and prosper. To date, the programme has supported over 50 local startups through mentorship, with 19 startups receiving prize money totaling over USD 305,000. The programme aims to assist 10 businesses led by women through an intensive eight-week incubation period. Participants will benefit from access to workshops, industry experts, and an alumni community, enabling them to refine their business strategies and capitalise on opportunities in the current business environment. Winners of the programme will receive prize money, with first-place winners receiving USD 35,000, second-place winners receiving USD 25,000, and third-place winners receiving USD 15,000. Additionally, all winning teams will be granted a 3-month residency at Bahrain FinTech Bay. The event also featured the announcement of a strategic collaboration between QuickDine, a startup that took part in the fifth edition of the Women in Tech Program, and Payment International Enterprise (PIE), a leading Bahrain-based fintech company. The collaboration is set to enhance QuickDine's operational efficiency by integrating advanced payment solutions, thereby offering customers secure and diverse payment methods.
Zawya
10-04-2025
- Business
- Zawya
Standard Chartered Bahrain announce the sixth cohort of Women in Tech Bahrain Incubation Programme
Manama, Bahrain – Standard Chartered Bahrain, in partnership with Bahrain FinTech Bay (BFB), announced the sixth cohort of its 'SC Women in Tech' incubation programme in Bahrain, which will officially commence and open for applications on April 22, 2025. This marks the sixth anniversary of supporting female entrepreneurs in Bahrain. The programme was launched in collaboration with the Central Bank of Bahrain (CBB), the Labour Fund 'Tamkeen', Supreme Council for Women (SCW), and the United Nations Industrial Development Organization Investment and Technology Promotion Office, in Bahrain (UNIDO ITPO Bahrain), and Innovate for Bahrain (I4BH). The ceremony was attended by several dignitaries, including Dr. Boutros Klink, Bahrain CEO, Standard Chartered; Ms. Afnan Rashid Al-Zayani, Board Member, Supreme Council for Women; Ms. Suzy Al Zeerah, Chief Operating Officer, Bahrain Fintech Bay; Ms. Maryam Rahimi, Associate Director, Enterprise Programs and Partnerships Development at Tamkeen; and Mr. Ameer Abu Baker, National Investment Promotion Expert, UNIDO ITPO Bahrain, along with other senior officials and stakeholders. The Women in Tech Bahrain Incubation Program aims to offer valuable guidance and support to female entrepreneurs in Bahrain, enabling them to expand and prosper. To date, the programme has supported over 50 local startups through mentorship, with 19 startups receiving prize money totaling over USD 305,000. The programme aims to assist 10 businesses led by women through an intensive eight-week incubation period. Participants will benefit from access to workshops, industry experts, and an alumni community, enabling them to refine their business strategies and capitalise on opportunities in the current business environment. Winners of the programme will receive prize money, with first-place winners receiving USD 35,000, second-place winners receiving USD 25,000, and third-place winners receiving USD 15,000. Additionally, all winning teams will be granted a 3-month residency at Bahrain FinTech Bay. The event also featured the announcement of a strategic collaboration between QuickDine, a startup that took part in the fifth edition of the Women in Tech Program, and Payment International Enterprise (PIE), a leading Bahrain-based fintech company. The collaboration is set to enhance QuickDine's operational efficiency by integrating advanced payment solutions, thereby offering customers secure and diverse payment methods. -Ends- For further information please contact: Noora Al Nusuf Head of Corporate Affairs and Brand & Marketing Bahrain & Middle East (ex-UAE) Standard Chartered Bank Email: About Standard Chartered We are a leading international banking group, with a presence in 53 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges. For more stories and expert opinions please visit Insights at Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.
Daily Tribune
05-02-2025
- Business
- Daily Tribune
NBB launches Sustainable Finance framework for ESG commitments
The National Bank of Bahrain (NBB) has unveiled its Sustainable Finance Framework, a comprehensive guide linking the Bank's financing initiatives to its Environmental, Social, and Governance (ESG) strategy. Developed in collaboration with Standard Chartered Bank Bahrain as the Sustainability Structuring Advisor, the framework adheres to the International Capital Market Association's (ICMA) Green and Social Bond Principles and the Loan Market Association's (LMA) Green and Social Loan Principles. It has also been validated through a Second Party Opinion (SPO) issued by ISS Corporate Solutions. The framework establishes a structured approach for the National Bank of Bahrain to evaluate parameters in the financing of sustainable projects, such as renewable energy, clean transportation, green buildings and employment generation management, amongst others. These projects are supported by the framework across four main components which are use of proceeds to define clear criteria for the allocation of funds towards sustainable projects, project evaluation and selection that implements a rigorous process to identify impactful projects, management of proceeds which documents NBB's approach to ensuring appropriate use of proceeds, and reporting to ensure transparency and accountability in fund utilisation. Commenting on the occasion, Usman Ahmed, Group Chief Executive Officer of NBB said, 'The introduction of our Sustainability Finance Framework marks a significant milestone in NBB's sustainability journey. This initiative reflects our relentless pursuit of positive environmental and social impact in alignment with both national and global sustainability goals. By integrating sustainability into our financing practices, we aim to empower clients to achieve their ESG objectives and contribute to building a resilient and equitable future for generations to come.' Dr. Boutros Klink, Chief Executive Officer of Standard Chartered Bank Bahrain added, 'We are delighted to have built on our strong relationship with the National Bank of Bahrain (NBB) and our support for the Kingdom's sustainability ambitions by assisting in creating NBB's Sustainable Finance Framework. We commend NBB for leading the way among financial institutions in setting ambitious emission reduction targets. Standard Chartered Bank is committed to supporting our clients across our dynamic footprint as they venture into the sustainable finance market and proud to have been part of Bahrain's economic growth for more than 100 years.' As part of its broader ESG strategy, NBB's framework integrates mechanisms for environmental and social risk assessment to promote transparency and accountability in sustainability initiatives. By embedding ESG considerations into its financing activities, the Bank seeks to encourage stakeholders to mitigate risks, capitalise on opportunities in responsible finance, and allocate resources to impactful projects. With strong collaborations with industry peers, regulators, and investors, the Bank reinforces its position as a key catalyst furthering the Kingdom's enduring vision of a more inclusive and sustainable financial ecosystem.
Biz Bahrain
05-02-2025
- Business
- Biz Bahrain
NBB Launches its Sustainable Finance Framework to Advance ESG Commitments
The National Bank of Bahrain (NBB) has unveiled its Sustainable Finance Framework, a comprehensive guide linking the Bank's financing initiatives to its Environmental, Social, and Governance (ESG) strategy. Developed in collaboration with Standard Chartered Bank Bahrain as the Sustainability Structuring Advisor, the framework adheres to the International Capital Market Association's (ICMA) Green and Social Bond Principles and the Loan Market Association's (LMA) Green and Social Loan Principles. It has also been validated through a Second Party Opinion (SPO) issued by ISS Corporate Solutions. The framework establishes a structured approach for the National Bank of Bahrain to evaluate parameters in the financing of sustainable projects, such as renewable energy, clean transportation, green buildings and employment generation management, amongst others. These projects are supported by the framework across four main components which are use of proceeds to define clear criteria for the allocation of funds towards sustainable projects, project evaluation and selection that implements a rigorous process to identify impactful projects, management of proceeds which documents NBB's approach to ensuring appropriate use of proceeds, and reporting to ensure transparency and accountability in fund utilisation. Commenting on the occasion, Usman Ahmed, Group Chief Executive Officer of NBB said, 'The introduction of our Sustainability Finance Framework marks a significant milestone in NBB's sustainability journey. This initiative reflects our relentless pursuit of positive environmental and social impact in alignment with both national and global sustainability goals. By integrating sustainability into our financing practices, we aim to empower clients to achieve their ESG objectives and contribute to building a resilient and equitable future for generations to come.' Dr. Boutros Klink, Chief Executive Officer of Standard Chartered Bank Bahrain added, 'We are delighted to have built on our strong relationship with the National Bank of Bahrain (NBB) and our support for the Kingdom's sustainability ambitions by assisting in creating NBB's Sustainable Finance Framework. We commend NBB for leading the way among financial institutions in setting ambitious emission reduction targets. Standard Chartered Bank is committed to supporting our clients across our dynamic footprint as they venture into the sustainable finance market and proud to have been part of Bahrain's economic growth for more than 100 years.' As part of its broader ESG strategy, NBB's framework integrates mechanisms for environmental and social risk assessment to promote transparency and accountability in sustainability initiatives. By embedding ESG considerations into its financing activities, the Bank seeks to encourage stakeholders to mitigate risks, capitalise on opportunities in responsible finance, and allocate resources to impactful projects. With strong collaborations with industry peers, regulators, and investors, the Bank reinforces its position as a key catalyst furthering the Kingdom's enduring vision of a more inclusive and sustainable financial ecosystem.
