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The Bahrain Economic Development Board (Bahrain EDB) has secured over USD 380 million in investment commitments from Singapore-based companies, since the launch of Bahrain EDB office in Singapore in November 2023, across a number of priority sectors, namely financial services, ICT, manufacturing, and tourism.

The Labour Fund (Tamkeen) announced its support for Gulf Singapore Bank (SGB), the digital bank backed by Bahrain’s Sovereign Wealth Fund, Mumtalakat, and privately held investment group Whampoa Group aimed at enhancing the employment of skilled Bahraini professionals in high value positions within the financial services sector and assist the bank in launching its operations in Bahrain.

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The Deputy King, His Royal Highness Prince Salman bin Hamad Al Khalifa, met today with the Chairman of Singapore Gulf Bank (SGB), Edmund Lee, at Gudaibiya Palace.

Singapore Gulf Bank (SGB), the digital bank backed by Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, and privately-held investment group Whampoa Group, today announced, on the sidelines of Gateway Gulf 2024, the launch of its corporate banking services.

SINGAPORE Gulf Bank (SGB) has appointed former Goldman Sachs executive Ali AlShamma as chief financial officer and ex-Sygnum executive Elaine Leong as chief operating officer, the bank announced in a media statement on Wednesday (Oct 2).

Bahrain Mumtalakat Holding Company (Mumtalakat), the Sovereign Wealth Fund of the Kingdom of Bahrain, alongside its strategic partner Whampoa Group, a privately-held investment group headquartered in Singapore, announced today that Mumtalakat will be investing in Singapore Gulf Bank (SGB), a new digital bank backed and founded by Whampoa.