Manama, Kingdom of Bahrain – 8 October 2026  – SINNAD, a pioneer provider of card processing and digital payment services across the MEA region and a subsidiary of BENEFIT, and Khaleeji Bank, are further developing their partnership through the signing of an agreement that expands the scope of collaboration between both parties.

The agreement was signed on the sidelines of FinTech Forward 2026 in the Kingdom of Bahrain and opens new opportunities for the Bank to leverage SINNAD’s advanced capabilities and technologies to further develop its services and broaden the range of solutions offered to its customers.

The collaboration builds on the existing partnership between the two parties and reflects their shared vision of leveraging advanced technologies to enhance banking services and payment solutions. Through SINNAD’s technical capabilities and specialised expertise, Khaleeji Bank will be able to strengthen its service ecosystem and deliver more diverse and integrated solutions, contributing to an enhanced customer experience and supporting the Bank’s future ambitions.

Commenting on the occasion, Mr Mahmood Al Alwan, Assistant General Manager – Business Development at SINNAD, said: “What distinguishes our partnership with Khaleeji Bank is its ability to continuously evolve and create new areas of collaboration. This expansion builds on what we have developed together and provides an opportunity to deploy a broader range of SINNAD’s capabilities and technologies to support the Bank in advancing its services and achieving its ambitions. We look forward to continuing this partnership and delivering tangible technological value that positively enhances the experience of the Bank’s customers.”

For his part, Mr Ebrahim Khalil Alawadhi, Head of Delivery Channels and Cards at Khaleeji Bank, said: “Expanding our collaboration with SINNAD represents an important step in our ongoing efforts to further develop our banking services and provide more integrated solutions to our customers. We look forward to leveraging SINNAD’s expertise and technological capabilities to enhance the efficiency of our payment services and enrich the customer experience, in support of the Bank’s future direction.”

This agreement represents an important milestone in the partnership between SINNAD and Khaleeji Bank, paving the way for a broader phase of collaboration and the deployment of advanced technologies to expand the range of banking services and solutions, strengthen the Bank’s capabilities, and support its future ambitions.