Flat6Labs and the Technology and Business Society hosted a panel session titled ‘Challenges to E-Commerce in Bahrain and How to Overcome Them.’ The virtual event addressed fundamental issues faced by E-Commerce businesses in the Kingdom and discussed potential solutions to them.

The panel consisted of experienced entrepreneurs and experts who shared their knowledge on running an e-commerce platform, addressing customer expectations, and constantly developing their business to be in line with global trends in this sector. The panel was led by speakers Khalid Ali Salem the Founder and Managing Director of BCGCM Business Consultancy, Hussain Haji the Founder of Dalooni, Saleh Sharif the founder of Beanboat, and was moderated by Noor Bahman, the Communications Officer of Flat6Labs for Bahrain.

Mishal Alhellow, chairman of the Technology & Business Society (TBS), commented: we thank Flat6Labs for Collaborating with us in organizing this webinar. It is crucial to discuss the challenges of e-commerce at a national level and engage with various businesses from different sectors to understand some businesses’ issues. As the government has declared its intention to capitalize on the digital economy, it’s essential to accelerate our efforts in developing a national e-commerce framework. E-commerce can contribute to our GDP by exporting services/products within the region and globally, to achieve this goal, we need to facilitate vital elements within the e-commerce ecosystem, such as logistics, shipments, regulations, and payments.

Commenting on the discussion, Saleh Abbas, the Managing Director of Flat6Labs for Bahrain said: ‘We are excited to partner with the Technology and Business Society and plan to continue creating content with the goal of initiating conversations on key topics surrounding the challenges faced by founders in the startup ecosystem with the aim to support them and raise awareness of possible solutions.’

The panel discussion covered the main challenges to E-Commerce businesses in the country such as competition, consumer satisfaction, product quality management, logistics, regulations, and more. Over 45 participants attended the session and engaged with the topic by asking questions and sharing their experiences. Among the attendees were existing players in the E-Commerce field, aspiring entrepreneurs as well as individuals interested in learning more about this sector.

Flat6Labs is the MENA region’s leading seed and early-stage venture capital firm, currently running the most renowned startup programs in the region.

Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming their institutional co-founders.

Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A-stages. Alongside the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, help them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates.

Launched and headquartered in Cairo in 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets.

Technology and Business Society (TBS) is a Bahraini society specialized in providing technology solutions to medium and large enterprise in vital sectors of Bahrain economy, with a future vision to position the kingdom as a regional leader in Technology Industry also to allied technology industry in Bahrain with vision 2030. TBS was founded and licensed by the Ministry of Labour and Social Development, of the kingdom of Bahrain, in September 2012.