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Issue 11 - MARCH 2017


Bahrain Bourse & Flat6labs signed

on Tuesday 1


March, 2017 a co-

operation agreement towards joint

action in the field of developing an

entrepreneurship culture in Bah-

rain, specifically in relation to Bah-

rain Bourse’s recently announced

Bahrain Investment Market.

The MoU was signed by Sh. Khal-

ifa bin Ebrahim Al Khalifa, CEO

of Bahrain Bourse, Mrs. Sabah Al

Moayed, Chairperson of Flat6Labs

Bahrain and Mr. Hany El-Sonbaty,

Co-Founder of Flat6Labs at BHB’s

premises during which Mr. Hany

El-Sonbaty rang the bell to com-

mence Tuesday’s trading session.

Under the agreement, both enti-

ties will work together to strength-

en and facilitate the development

of an ecosystem for growth

of companies within Bahrain.

Bahrain Bourse (BHB), through

its Bahrain Investment Market,

understands the needs of a holis-

tic Ecosystem for entrepreneurs

to thrive with accelerator pro-

grams such as Flat6Labs, hereby

facilitating the growth of entre-

preneurs and the high impact

they will have on the economic

growth of the Kingdom of Bahrain.

The Ecosystem will also enable

entrepreneurs to benefit from In-

dustry experts in the form of boot

camps, mentoring and training.

It is worth mentioning that BIM is

one of the initiatives launched by

the Bourse to meet the financing

requirements of the companies.

The launch of the BIM goes

in line with the role played by

Bahrain Bourse to enhance the

Kingdom of Bahrain’s efforts in

supporting the SMEs sector in

a way that will contribute to the

economic growth of Bahrain in

order to create more job oppor-

tunities for the citizens, create

wealth, and increase productivity.

Flat6Labs is a regional startup ac-

celerator program that fosters and

invests in bright and passionate

entrepreneurs with cutting-edge

ideas. They provide seed fund-

ing, strategic mentorship, a cre-

ative workspace, a multitude of

perks, entrepreneurship-focused

business training, and direct-

ly support our startups through

an expansive network of partner

entities, mentors and investors.

They create an environment

where companies are able to

grow their business multiple

folds in a short period of time.