Biggest single Internet transaction in the Middle East takes place in Bahrain
The Bank of Bahrain and Kuwait (BBK) renewed its commercial registration through an online transaction of unprecedented value, which was conducted on the Website of Ministry of Commerce and Industry (MOC). This Internet transaction is the biggest so far in the Middle East and marks the entry of Bahrain into the big league of next generation economies.
This online transaction is also an important stride in the process of transforming Bahrain government into an eGovernment, one with which members of the public and businesses can reach, communicate and interact with virtually.
This new development indicates promising business opportunities for banks, companies and merchants as well as more cost-effective services for the public. A unified team consisting of representatives of the Ministry of Commerce, BBK and CrediMax has been established to propagate the importance of the use of digital technologies in delivering government and business service in the digital economy.
The Government of Bahrain is also actively working out plans to realize the socio-economic potential and benefits of the Internet economy for our industries and citizens. — (menareport.com)
© 2003 Mena Report (www.menareport.com)