Manama: The Economic Development Board (EDB) is to showcase investment opportunities in Bahrain at the upcoming Gitex Technology Week in Dubai.
The five-day event is being held from October 18 to 22 at the Dubai World Trade Centre with more than 3,600 companies from over 62 countries expected to attend.
This will be the sixth consecutive year of EDB’s participation in the event.
The Bahrain pavilion will showcase a number of the kingdom’s leading information and communications technology (ICT) organisations.
These include Silah Gulf, Abrar Consultancy, Ahlia University, Alnadeem Information Technology, Almoayyed Computers, Aurion Pro Solutions, Azimuth, Computer World, Eehaa Graphics, Etisalcom, i196, Microcentre, Spatial Technology Solutions and Training Plus Institute.
“In the second quarter this year, transportation and communications became Bahrain’s fastest growing sector and now contributes more than seven per cent to the kingdom’s GDP,” EDB chief executive Khalid Al Rumaihi said.
“Bahrain also boasts some of the Middle East’s most liberal and advanced ICT infrastructure and policies and acts as a base for global ICT businesses, such as Huawei, to access the Gulf and wider Middle East market.
“As the leading trade show in the region, Gitex is an ideal platform to showcase the many investment opportunities in Bahrain’s fast-growing ICT sector.”
Transportation and communications grew by 6.7pc year-on-year in the second quarter, faster than any other sector.
Now in its 35th year, Gitex is the region’s leading ICT and technology trade show.
The event will include talks from more than 80 of the world’s leading voices from the tech industry and is expected to attract more than 140,000 visitors.
Bahrain has some of the Middle East’s most liberal and advanced ICT infrastructure and policies, with one of the highest mobile and Internet penetration rates in the region.
The kingdom is also ranked in the top 30 economies globally by the World Economic Forum’s Networked Readiness Index, part of the Global Information Technology Report 2015.
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