Batelco inks MoU with Bahrain Development Bank

Telco and bank to collaborate to support ICT entrepreneurship
Rashid Abdulla and Nedhal Al Aujan sign the agreement.
Rashid Abdulla and Nedhal Al Aujan sign the agreement.

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Bahraini operator Batelco and Bahrain Development Bank (BDB), have signed a Memorandum of Understanding to explore ways to support local ICT entrepreneurship initiatives.

Rashid Abdulla, CEO, Batelco Bahrain, said: “The BDB is well known for its support and efforts to encourage entrepreneurs who are striving to evolve their innovative projects and initiatives.”

Nedhal Al Aujan, CEO of BDB, added that the agreement will serve as a tool to support youth projects and “innovative excellence” in the telecoms and information technology sector.

“Through this agreement, we will be providing additional programmes and support to entrepreneurs through the establishment of new projects within the information and telecommunication technologies domain as well as further development of existing projects,” he said.
 

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