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Bipex to host PropTech hackathon in December

MANAMA, October 11, 2019

The Bahrain International Property Exhibition (Bipex) has joined hands with Bahrain FinTech Bay, the region's largest FinTech hub, to launch the PropTech hackathon for university students and industry experts within the real estate market.

The move is aimed at stimulating cutting edge solutions to solve real world challenges faced by today’s leading real estate companies in the region.

This initiative will gather essential real estate stakeholders formulating complex challenges within the industry. The event will also encourage individuals to develop prototype solutions through a series of specialized mentorship sessions addressed by some of the experts, advisors and real – estate regulators.

The 12th Edition of the Bahrain International Exhibition (BIPEX) is officially launched with a revamped brand identity and strategic direction.

The three-day event will highlight innovation and digital solutions for the real estate sector in the Mena region.

Bipex will be held from December 7 to 9 at the Bahrain International Exhibition & Convention center under the patronage of Shaikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister of the Kingdom of Bahrain.

The PropTech hackathon will run for three consecutive days at the end of which students will present their final ideas to a judging panel comprised of some of the industry experts, said the event organisers.

Participants will be assigned to formulate their teams, assign different roles and start brainstorming. They will then be exposed to a one-on- one mentorship sessions various knowledge partners assisting them in completing their final pitches. The final stage include the students pitching  their innovative solutions for the opportunity to win 3 cash prizes, they stated.

Bipex Chairman Mohd Al Sayed said: "Our partnership with the Bahrain FinTech Bay is inline with our 2019 Edition, and its new strategic direction. We have always emphasized that Bipex is a platform to exchange and promote ideas, in addition to showcasing the prime real estate developments in Bahrain."

"The PropTech Hackathon will be an opportunity to involve real estate industry experts and the youth to share their solutions and strategies for the future. We have a commitment towards innovation and stregthninig the ecosystem tied to Vision 2030," he noted.

Bahrain FinTech Bay CEO Khalid Saad said: "We are delighted to partner with Bipex to launch Bahrain’s first PropTech challenge. Industries including real estate are rapidly transforming as the pace of technological development increases."

"The challenge aims to be the platform where different stakeholders in the real estate and technology industries exchange knowledge, ideas and collaboratively address industry challenges," he added.-TradeArabia News Service




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