Manama, Bahrain: Waqfe, a leading Bahrain based Fintech solutions provider, recently signed a collaboration agreement with the Bahrain Association of Banks. The collaboration will enable 40 talented Bahrainis to acquire skills in the financial services industry through a structured internship program.

Being the latest initiative in the series of innovations launched by Waqfe, the program offers unique career acceleration opportunities, such as internships, scholarships, vocational training, and job placements. The program is supported by a growing network of corporates from Bahrain and the MENA region and the agreement with BAB lends further credence to the rising popularity of the internship program.

Based on the agreement, Waqfe will be placing 40 Bahraini interns with Bahrain Association of Banks. Through these internships, young Bahrainis will benefit from real-life work experiences that will give them the chance to develop their professional skills and competencies, which in turn will assist them in the development of their career.

Ms. Fatima AlAlawi, the Chief Business Officer of Waqfe, and Dr. Waheed Al-Qassim, the Chief Executive Officer of Bahrain Association of Banks signed the agreement in the presence of Mr. Osama Al Khajah, the Board Advisor of Waqfe.

Speaking on the occasion, Dr. Waheed Al-Qassim, said: “We are delighted to be partnering with Waqfe for this internship program which gives our youths a head start in their career. I am confident the interns will be able to reap great benefits it provides, as it will equip them for the challenges they will have to face in a high-performance work environment.”

Ms. Fatima Al Alawi added: “The program brings together the academia and the profession using digital technologies. The agreement with BAB is absolutely essential in order to prepare our youths for their careers in a field that is at the heart of Bahrain’s historical strengths and its future, as defined by the 2030 roadmap.”

Over 400 career opportunities for young and talented Bahraini’s have already been created through the program. Gaining immense support from a number of corporates and institutions across industries throughout the region. Waqfe’s Internship Program will be using the support to create over 5,000 new opportunities for young Bahrainis to advance their careers by 2020.

Commenting on agreement, Mr. Osama Al Khajah said: “The program is rewriting the social contract between our young leaders and other stakeholders such as corporates, financial institutions and households. The “millennials” and “Gen Z” are the future. It is a unique opportunity for corporates and financial institutions to get a head start by embedding themselves early into this emerging ecosystem.”


About Waqfe:

Waqfe is a fintech firm that solves key problems for banks going digital. Built on disruptive technologies like open banking APIs, mobility, and AI, the mobile platform allows banks to go digital quickly and economically. Banks working with Waqfe create the best customer experiences and use their newfound agility and greater understanding of customer to go from follower to formidable leaders. The internship program is a next-generation digital engagement platform, by Waqfe. It is a unique in the way that it creates emotionally engaged customers with greater lifetime value. 

About Bahrain Association of Banks (BAB):

BAB was established by a Ministerial decree in 1979 and is registered under the Central Bank of Bahrain in 2010. BAB brings together banking institutions of all sizes and charters in the Kingdom of Bahrain and works towards enhancing the Kingdom’s image as the financial hub of the Middle East.

For Press Enquiries:
Mr. Mohammad Asif
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© Press Release 2018

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