26 Sep 2022

Al Doseri Law Breaks Ground with Pioneering FinTech Accelerator Studio in the Middle East

Led by Founding Partner, Saad Jaber Al Doseri, Al Doseri Law cements its position as FinTech experts through its incorporation of HP Spring Studio (Bahrain) WLL, the first FinTech accelerator studio in the Middle East. The studio was launched in partnership with UK Based Hambro Perks Ltd and Bahrain-based Al Waha Fund of Funds. HP Spring Studio aims to work alongside remarkable entrepreneurs to co-found high-growth FinTech start-ups.

The Firm drew on its FinTech expertise to provide exceptional legal counsel to HP Spring Studio, illustrating its close ties with the industry. Partners Ronald Langat and Saad Al Doseri were the key legal advisors to HP Spring Studio, assisted by associate Maryam Al Hashemi.

Founding partner Saad Al Doseri said: “Bahrain has always been a pioneering environment in providing a roof for new projects and start-ups, and its ideal geographical location has always been an attractive investment opportunity for many entrepreneurs. The legal framework enjoyed by the kingdom tempts many well-known regional and international organizations to invest in the Kingdom of Bahrain. Indeed, it was a heart-warming experience for Al Doseri Law to cooperate in the establishment of the first FinTech accelerator studio in the Middle East, which took place in the Kingdom of Bahrain.”

HP Spring Studio was launched to accelerate the start-up ecosystem, maximize growth opportunities in Bahrain and drive innovation. The accelerator also aims to collaborate with educational organizations by creating high-skilled start-up jobs, as well as providing on-the-job training and upskilling to develop local talents. HP Spring Studio will also help attract, relocate, and retain top talents whilst attracting capital inflows to Bahraini start-ups.

News of this has also been published in Gulf Daily News Online here.

Our Services

Our banking and finance team has developed an extensive track record over the past decade in providing specialised legal services and advice of the highest quality to Bahrain’s banking and financial sector.

As a premier insolvency team in Bahrain, we specialise in representing every type of stakeholder in connection with insolvency matters.

Our firm provides specialist contentious and non-contentious advice covering the local and international construction market.

Our corporate team has extensive corporate and commercial expertise, having developed very close working relationships with key Bahraini regulators and decision makers in this field, as well as with prominent law firms across the region and beyond.

Our employment team helps clients to steer through the sophisticated landscape of local laws that govern the employer/employee relationship.

The strength of our dispute resolution team is internationally renowned and we have significant experience in the local Bahrain courts at every level.

Our team advises on a full spectrum of telecoms and technology matters. We are specialists in the telecoms and technology sectors.