Manama: Bahrain Fintech Bay announced today that it has entered into a partnership with the University of California, Berkeley (Berkeley) to establish a GCC-wide training and certification program in the use of artificial intelligence and robotics in finance. The program is intended to promote innovation, build greater workforce capacity, and support the adoption of advanced machine learning technology within financial organizations and the economies of Bahrain and the GCC region.

Commenting on the partnership, Maissan Almaskati, Chairman of Fintech Consortium Middle East and Board Director of Bahrain Fintech Bay said “Berkeley is a distinguished academic institution at the cutting edge of the latest in technological innovation. We are excited about this partnership to specifically develop a training and certification program for the GCC financial industry that applies Berkeley’s expertise in artificial intelligence and machine learning, and look forward to announcing its details soon”

Berkeley 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. 

Greg La Blanc, Lecturer & Distinguished Teaching Fellow at Berkeley’s Haas Business School, and Faculty Director at the Berkeley Fintech Institute  said: “This partnership represents an exciting new chapter in UC Berkeley's continued efforts to foster economic development and inclusion through the development of new technologies. Along with strong faculty in engineering and business, we will leverage the industry expertise of Silicon Valley to create a bridge to entrepreneurs and finance professionals throughout the middle east.”

-ends-

About Bahrain FinTech Bay (“BFB”)

Bahrain FinTech Bay (“BFB”) is the leading FinTech Hub in Middle East, located conveniently in the Arcapita Building, Bahrain. Bahrain FinTech Bay provides a physical hub to incubate insightful, scalable and impactful FinTech initiatives through innovation labs, acceleration programs, curated activities, educational opportunities and collaborative platforms.

Bahrain FinTech Bay partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech startups to bring the full spectrum of financial market participants and stakeholders together.

For more information on Bahrain FinTech Bay visit http://www.bahrainfintechbay.com 

About University of California, Berkeley

The University of California was chartered in 1868 and its flagship campus – envisioned as a "City of Learning" – was established at Berkeley, on San Francisco Bay. Today the world's premier public university and a wellspring of innovation, UC Berkeley occupies a 1,232 acre campus with a sylvan 178-acre central core. It is the oldest of ten university of California campuses.

With its mission of teaching, research, and public service, UC Berkeley, or Cal as it is known to alumni, is one of the world's most distinguished institutions of higher education. It is renowned for the excellence of its faculty and students, the scope of its research and publications, the size and quality of its library collections, and the excellence of its laboratory and educational facilities.

In recognition of broad and deep excellence, respected sources have repeatedly ranked UC Berkeley at or near the top in fields ranging from engineering and the "hard" sciences to the social sciences, arts, and humanities. The National Research Council, in the most recent version of its highly regarded report on U.S. public and private universities, ranked Berkeley number one nationally in the number of campus graduate programs (48 out of 52) among the top 10 in their fields.

Berkeley ranks first nationally in the number of graduate programs in the top 10 in their fields. There are 7 Nobel Laureates, 32 MacArthur Fellows, and 4 Pulitzer Prize winners among its active faculty.

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.