How cryptocurrencies can help develop Islamic finance

    At a webinar held in Bahrain on Wednesday, experts have discussed how new digital payment means are facilitating transactions, and how cryptocurrencies can help to develop Islamic finance, The Gulf Daily News reported. A collaboration of Bahrain-based General Council for Islamic Banks and Financial Institutions (Cibafi) and the Islamic Corporation for the Development of the…

    Bahrain’s multimillion-dollar data hub to boost digital transformation of the Arab world

    A new tremendous data center is set to be built in the Kingdom of Bahrain. The multimillion-dollar main hub in Bahrain will serve all member states of the Arab League, promoting collective digital transformation across the Arab world. On Sept. 1, The Arab League’s Arab Federation for Digital Economy (AFDE) signed a memorandum of understanding…