Latest news with #AliAlAradi
Biz Bahrain
03-06-2025
- Business
- Biz Bahrain
Bahrain Development Bank Participates in INJAZ Bahrain 2025 Young Entrepreneurs Competition
Bahrain Development Bank (BDB) – the leading bank in supporting small and medium enterprises (SMEs) in the Kingdom of Bahrain, has announced its participation in the 17th edition of the INJAZ Bahrain 2025 Young Entrepreneurs Competition. Scheduled to take place on the 3rd and 4th of June at Crowne Plaza Hotel, the event underscores BDB's ongoing commitment to encouraging youth innovation and promoting an entrepreneurial mindset within the local community. Student teams from schools and universities across the Kingdom are expected to take part in this national platform. The competition offers an interactive educational experience that simulates the process of launching a start-up, providing young Bahrainis with a unique opportunity to develop entrepreneurial skills. Participants will undergo a comprehensive hands-on journey that includes product development, business planning, marketing, and resource management, culminating in presentations before a panel of expert judges from both the public and private sectors. Commenting on the occasion, Ali Al Aradi, Chief Banking Officer at Bahrain Development Bank, stated: 'At Bahrain Development Bank, we take pride in supporting initiatives that invest in the potential of our youth, offering them opportunities for creativity and growth. This competition serves as a living model of the entrepreneurial spirit deeply rooted in our community. Our participation reflects our belief in the power of nurturing promising ideas and turning them into impactful ventures. We also value our partnership with INJAZ Bahrain, which plays a pivotal role in shaping a new generation of leaders and innovators capable of driving the future of the national economy.' BDB's involvement in this initiative reinforces its dedication to empower the younger generation and help them to transform their ideas into real-world projects with meaningful economic and social impact. Ali Al Aradi will also serve as a member of the judging panel for INJAZ Bahrain 2025 Young Entrepreneurs Competition, highlighting the bank's executive-level support for initiatives aimed at building youth capabilities and preparing them to enter the business world with confidence and competence. This participation further underscores BDB's broader role in fostering human capital development and skill-building, in parallel with offering innovative financial solutions to small and medium enterprises. Through strategic collaborations such as this, BDB continues to strengthen its position as a financial institution that believes investing in human resources is key to achieving long-term sustainable economic growth.
Biz Bahrain
20-05-2025
- Business
- Biz Bahrain
BDB Launches Rewards Campaign for New Current Account Holders
Bahrain Development Bank (BDB), the Kingdom's leading financial institution supporting small and medium-sized enterprises (SMEs), has launched a new campaign that rewards entrepreneurs for opening current accounts. The initiative underscores BDB's continued efforts to simplify banking access and enhance financial inclusion for the SME sector. As part of the campaign, five customers who open their BDB current accounts between 18th and 31st May 2025 will be awarded a cash prize of BHD 500 each. Winners will be selected through a draw conducted under the supervision of the Ministry of Industry and Commerce. This initiative forms part of BDB's broader strategy to deliver accessible and flexible banking services that align with the operational needs of SMEs. Customers opening current accounts during the campaign period will also benefit from the tijara platform, which is Bahrain's first end-to-end digital banking solution built exclusively for SMEs. It empowers entrepreneurs with streamlined account management, seamless transactions, and dedicated features that simplify business banking. Commenting on the occasion, Mr. Ali Al Aradi, Chief Banking Officer of BDB said, 'As a key enabler of entrepreneurial growth in the Kingdom, we remain steadfast in our mission to provide SMEs with agile financial solutions that serve their evolving needs. This campaign highlights our ongoing commitment to financial empowerment and aligns with Bahrain's Vision 2030, which aims to diversify the economy and foster digital innovation.' BDB continues to play a vital role in strengthening Bahrain's SME ecosystem through its comprehensive suite of offerings that include tailored financing products, specialised advisory services, and innovative banking solutions. The Bank also seeks to expand strategic partnerships with public and private sector entities that ensure business sustainability and contribute to long-term economic progress.
