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Bahrain FinTech Bay Launches MENA Innovation Academy to Drive FinTech Talent

Rasmal Press RoombyRasmal Press Room
October 14, 2024
in FinTech
0
Bahrain FinTech Bay Launches MENA Innovation Academy
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  • Bahrain FinTech Bay (BFB) launches the MENA Innovation Academy (MENA-IA) to cultivate fintech expertise and career readiness across the MENA region.
  • MENA-IA is established in partnership with the Reboot Coding Institute (Reboot01) to offer cutting-edge training and academic programs.
  • The academy collaborates with top global universities to provide a diverse range of courses in fintech, insurtech, digital transformation, and more.
  • The inaugural program, certified by the University of California, Berkeley, focuses on Artificial Intelligence in FinTech and begins on 18 November.

Bahrain FinTech Bay (BFB), a leading hub for financial technology innovation, proudly announces the inception of the MENA Innovation Academy (MENA-IA). This initiative is dedicated to cultivating talent, fostering fintech expertise, nurturing an innovation mindset, and enhancing career readiness within financial organizations across the MENA region.

MENA-IA will be established in partnership with the Reboot Coding Institute (Reboot01), a leading academic and training institution renowned for its cutting-edge programs and industry-aligned curriculum. This collaboration ensures that the academy will deliver top-tier education and training by leveraging the combined expertise of BFB and Reboot01.

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In partnership with top global universities, the academy will bring unparalleled expertise and academic excellence to its programs. These partnerships will enable the academy to offer a diverse range of courses and programs, including fintech, insurtech, regtech, digital transformation, strategy and leadership, and technical courses.

This comprehensive approach is a key differentiator in the collaboration between BFB and Reboot01, ensuring that participants gain both broad industry knowledge and deep technical skills.

The inaugural program of the academy will be led by the University of California, Berkeley (UCB), and its esteemed Berkeley-AMENA Entrepreneurship and Development (Berkeley-AMENA) to bring unparalleled expertise to the academy.

UCB is recognized as a global leader in research around artificial intelligence, machine learning, and big data, particularly in areas related to finance, financial analytics, and fintech. UCB will deliver and certify the course on Artificial Intelligence in FinTech, which is set to begin on 18 November.

This 8-week program is tailored for non-technical professionals to upskill and learn applied uses of generative AI tools for financial institutions. With applications now open, interested participants are encouraged to register through the mena-ia.com. Utilizing a hybrid delivery model, spaces are limited to 50 participants, ensuring an engaging and focused learning experience.

This offering is just one of the many programs planned for the year. The MENA Innovation Academy is committed to delivering a diverse range of courses and workshops, catering to the evolving needs of professionals in the financial and technology sectors. With a robust curriculum and a focus on practical, real-world applications, the academy aims to be a cornerstone of professional development in the region.


Quote from Bader Sater, CEO of Bahrain FinTech Bay:

“Developing fintech talent has always been at the core of Bahrain FinTech Bay’s mission. For years, we have dedicated ourselves to nurturing the next generation of fintech leaders. We are now excited to take this commitment to a new level by scaling our efforts into a full-fledged Academy. The MENA Innovation Academy represents a significant milestone in our journey to empower professionals across the region with the skills and knowledge needed to excel in the dynamic fintech landscape.”

Yanal Jallad, Managing Director of Reboot Coding Institute, “At Reboot, we are proud to be at the forefront of Bahrain’s tech education landscape, developing talent to meet the demands of the rapidly evolving digital economy. This partnership with Bahrain FinTech Bay marks a pivotal moment for us as we expand into the fintech space. The MENA Innovation Academy will play a key role in shaping the future of fintech in the Kingdom, aligning with Bahrain’s strategic vision of driving innovation and growth across industries.”

Dariush Zahedi, Director at AMENA Center for Entrepreneurship & Development, University of California, Berkeley, “We are excited to collaborate with the MENA Innovation Academy to deliver this cutting-edge course on AI in FinTech. AI and Generative AI are rapidly transforming the financial services industry, and through this hands-on, project-based workshop, participants will gain the essential skills for addressing real-world financial challenges using advanced AI tools. This collaboration reflects our commitment to fostering innovation and equipping professionals with the expertise to navigate the future of FinTech.”

About MENA Innovation Academy:

The MENA Innovation Academy, operated by Bahrain FinTech Bay and Reboot Coding Institute, is an initiative aimed at cultivating talent, fostering fintech expertise, cultivating innovation mindset, and enhancing career readiness within financial organizations across the MENA region.


Follow us on Instagram, LinkedIn, and Twitter for startup & business news and inspiring stories of MENA businesses, entrepreneurs, startups, innovators, investors, and change-makers.

To report any issue or error in the story, please email us editor [at] rasmal [dot] com.

Last Updated on October 14, 2024 by Safiya K

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Rasmal Press Room brings you press releases and updates from a wide array of startups, businesses and tech industries in the MENA region. This section features content directly from industry leaders and organizations, providing our readers with up-to-date information on the latest news and trends. Please note that these articles are sourced externally and may not represent Rasmal's editorial perspective.

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