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Microsoft to promote Bahrain as to develop Islamic banking services
Contributed by: G3nu1n3, at 11/23/2004 09:35:00 PM.

The Bahrain Financial Harbour Holding Company on Monday signed a Memorandum of Understanding (MoU) with Microsoft in Bahrain to co-market the IT and Support Services component of the Bahrain Financial Harbour Development, while working together to promote Bahrain as the leading centre for IT and related companies developing applications for Islamic banking services.

The MOU also covers BFH considering applying Microsoft’s Enterprise Solutions in establishing and developing certain IT functions within the upcoming US$ 1.3 billion Bahrain Financial Harbour (BFH), the global financial and business hub in Manama.

The signing ceremony, which was held Monday on the sidelines of the ongoing Middle East Financial Technology Exhibition and Conference (MEFTEC), was attended by Mr. Esam Janahi, Chairman of Bahrain Financial Harbour Holding Company and Mr. Emre Berkin, Chairman of Microsoft Middle East and Africa.

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