Latest news with #Lumofy
Daily Tribune
26-05-2025
- Business
- Daily Tribune
Zain Bahrain joins hands with Lumofy
Zain Bahrain, a leading technology and telecom provider in the Kingdom, has announced a strategic partnership with Lumofy, a Bahrain-based AI-powered talent management platform, to provide advanced learning opportunities for its employees. Zain Bahrain employees will gain access to an extensive digital library of more than 100,000 training courses through this initiative, covering a variety of topics such as Customer Excellence, Negotiation, Big Data Analytics, and Strategic Planning. The partnership reflects Zain Bahrain's commitment to empowering its employees and their growth by creating a culture of continuous development. By using Lumofy's AI-powered platform, Zain can understand what skills employees need and personalize training programs to improve the impact of its development initiatives. Mohammed Zainalabedin, Zain Bahrain's Managing Director, commented: 'It's part of our ongoing efforts to enhance employee capabilities and create a supportive environment for sustainable development, boosting performance and strengthening employees' efficiency and readiness to navigate the evolving digital market. We are proud to collaborate with a Bahrain-based platform specialized in learning and development, confident that this step will have positive impact on our teams.' Ahmed Faraj, Founder and CEO of Lumofy, said: 'We're proud to partner with Zain Bahrain to adopt a smarter, more strategic approach to upskilling employees. This collaboration aims to build a comprehensive training and development experience, powered by Lumofy's advanced tools and aligned with Zain's business goals and future talent needs.'
Trade Arabia
25-05-2025
- Business
- Trade Arabia
Zain Bahrain signs up Lumofy to upskill its employees
Zain Bahrain, a leading technology and telecom provider in the Kingdom, has sealed a strategic deal with Lumofy, a Bahrain-based AI-powered talent management platform, to provide advanced learning opportunities for its employees. As per the deal, Zain Bahrain employees will gain access to an extensive digital library of more than 100,000 training courses through this initiative, covering a variety of topics such as Customer Excellence, Negotiation, Big Data Analytics, and Strategic Planning. The partnership reflects Zain Bahrain's commitment to empowering its employees and their growth by creating a culture of continuous development. By using Lumofy's AI-powered platform, Zain can understand what skills employees need and personalize training programs to improve the impact of its development initiatives, it stated. Mohammed Zainalabedin, Zain Bahrain's Managing Director, said: "Our partnership with Lumofy is a strategic step towards delivering a holistic development experience that supports the professional and personal growth of our employees." "It's part of our ongoing efforts to enhance employee capabilities and create a supportive environment for sustainable development, boosting performance and strengthening employees' efficiency and readiness to navigate the evolving digital market," remarked Zainalabedin. "We are proud to collaborate with a Bahrain-based platform specialized in learning and development, confident that this step will have positive impact on our teams," he stated. Ahmed Faraj, the Founder and CEO of Lumofy, said: "We're proud to partner with Zain Bahrain to adopt a smarter, more strategic approach to upskilling employees."
Biz Bahrain
21-04-2025
- Business
- Biz Bahrain
Mumtalakat Sponsors the Second Edition of the 'Startup of the Year' Competition in Collaboration with Tamkeen
Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, in partnership with the Labour Fund (Tamkeen) announces its sponsorship of the 'Startup of the Year' competition for the second consecutive year, following the successful launch of the competition's inaugural edition. As part of this collaboration, Mumtalakat will conduct a comprehensive feasibility study of winning companies from last year's StartUp Bahrain Pitch events. Based on this assessment, Mumtalakat will select one or more companies deserving of the esteemed title of 'Startup of the Year' and invest in them via direct capital injections, subject to a predetermined set of pre-approved terms and conditions, in light of this evaluation. Commenting on this occasion, His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Mumtalakat, said, 'We are pleased to collaborate again with the Labour Fund (Tamkeen) through the Startup Bahrain platform for the opportunity to identify innovative and pioneering startups locally. Following the success of last year's inaugural edition of the competition, in which 'Lumofy' and 'Early Riser' were announced as winners, Mumtalakat will provide the necessary support to help this year's winners achieve growth and success'. 'This aligns with Mumtalakat's ongoing efforts to support the national economy by investing locally in innovative and promising projects that will generate employment opportunities, promote economic diversification, and enhance the role of public and private sector partnerships in the Kingdom,' he added. Tamkeen Chief Executive, Her Excellency Ms. Maha Abdulhameed Mofeez, expressed her enthusiasm to collaborate once again with Mumtalakat within this strategic initiative that aims to enhance entrepreneurship in the Kingdom and create a supportive and nurturing ecosystem for entrepreneurs in Bahrain. She added, 'The Startup Bahrain Pitch initiative was launched to address the challenges faced by startups in obtaining the necessary funding to expand their projects. This initiative has also contributed to equipping many entrepreneurs with the skills required to present their projects to attract potential investors with at the hands of entrepreneurship experts and specialists. We are proud of the innovative Bahraini startups that have achieved their funding goals and expanded their projects through this initiative and look forward to the participation of more entrepreneurs in this year's second edition.' This collaboration underscores Mumtalakat and Tamkeen's commitment to fostering innovation, nurturing the spirit of entrepreneurship, and contributing to achieving economic diversification in the Kingdom by leveraging their respective expertise and resources within the 'Team Bahrain' to create an empowering environment for startups to thrive, grow, and contribute to enhancing national economic growth. More than 100 entrepreneurs have gained valuable experience through the training program, which emphasises investment strategies, business expansion, and project development, with 82 entrepreneurs successfully qualifying for the pitch events since the StartUp Bahrain Pitch initiative's inception. The Labour Fund (Tamkeen) provides a variety of programs designed to support diverse enterprises and strengthen the private sector's role as a key driver of economic growth in the Kingdom. In addition, Tamkeen offers employment and career development initiatives aimed at positioning Bahraini talent as the preferred choice for employment.
