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Q2 net profit fell by 18% to $637 million.

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Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

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BFB, The Family Office sign partnership

BFB and The Family Office sign strategic partnerships.
  • BFB said that it will also explore the development of innovative digital investment solutions aligned with market trends.
  • Bader Sater, CEO of Bahrain FinTech Bay. "Our combined strengths will lead to the creation of cutting-edge digital investment offerings that cater to the market's evolving needs." 

Manama, Bahrain — Bahrain FinTech Bay (BFB), a fintech ecosystem builder, and The Family Office, a GCC-based wealth management company have announced a strategic partnership under which BFB will leverage its expertise in digital innovation to collaborate closely with The Family Office to enhance its existing digital products.

BFB said that it will also explore the development of innovative digital investment solutions aligned with market trends, utilizing The Family Office’s fintech lab as a collaborative hub.

Bader Sater, CEO of Bahrain FinTech Bay. “Our combined strengths will lead to the creation of cutting-edge digital investment offerings that cater to the market’s evolving needs.” 

Abdulmohsin AlOmran, Founder and CEO of The Family Office, “Through this collaboration, we will leverage BFB’s extensive resources and network to innovate and refine our digital products, ensuring secure and robust solutions for our clients.”