Bahrain is proactively courting over 50 financial services companies, nearly half of which specialize in crypto and investment management. Leveraging its zero-tax environment and full foreign ownership policies, the kingdom has already attracted major names like Binance and Crypto.com. This push is part of a larger Gulf-wide trend, as regional hubs—including Dubai, Abu Dhabi, and Riyadh—compete to become dominant players in financial services, particularly digital and crypto-related segments. 

Source: FNLondon