BAHRAIN BRINGS LEADING TALENT TO DUBAI’S GITEX TECHNOLOGY WEEK

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BAHRAIN BRINGS LEADING TALENT TO DUBAI’S GITEX TECHNOLOGY WEEK

Bahrain ICT sector contribute $372 million to the economy
Bahrain ICT companies total turnover in 2012 exceeds $1 billion
 
 
Bahrain’s Economic Development Board (EDB), will bring a delegation of leading Bahraini technology companies to this year’s GITEX Technology Week, comprising a key part of the Bahrain Pavilion.

Alongside Bahrain EDB and Bahrain’s eGovernment Authority, Tamkeen which is responsible for enterprise
development and skills enhancement, will also be present in the Bahrain pavilion alongside a number of SMEs, seeking to raise awareness and gain access to the many industry leaders who will be present at the event.
Bahrain’s progress in the ICT industry is demonstrated by the 2012 UN eGovernment Readiness Survey placing the Kingdom 2nd in the MENA region. The Survey placed Bahrain 36th of 192 countries worldwide in its application of ICT to provide access and inclusion for its citizens. In the Survey, Bahrain outperformed the world average across eReadiness, Web Measure, Infrastructure, Human Capital and e-Participation.

Recent reports indicated that ICT sector spending in the Middle East will reach $192 billion,  while ICT sector in the Kingdom is expected to contribute around $372 million in 2013 due to the growing ICT businesses, in 2012 the total turnover of the ICT sector was over $1 billion and it employs over 3000 Bahrainis . 

Minister of Transportation and Acting Chief Executive of Bahrain EDB, Kamal bin Ahmed, said:
“We are proud to sponsor this year’s GITEX Technology Week and look forward to hosting a delegation of some of the most exciting ICT Companies in the Kingdom at the event’s Bahrain Pavilion.

“The Kingdom has long been regarded as the Gulf’s technological pioneer. With its open and forward-thinking approach, Bahrain has proven to be an ideal testing ground for the introduction of new technologies to the region, and the Kingdom has experienced a fast rate of innovation.

“We aim to be on the map of this $3 trillion industry as the ICT market in Bahrain is expected to grow, and is being driven by the high demand for IT products and services from both the public and private sectors. The growing need for robust IT solutions is also being driven by sizeable eGovernment and eCommerce initiatives, which are aimed at achieving economic diversification.”
 
Running under the theme of “Lets Create, Disrupt and Re-imagine Together”, this edition of GITEX Technology Week is the 33rd edition  of the event and runs from October 20-24.
 
Ends

 
Notes to editors

About The Bahrain Economic Development Board (EDB)

The Bahrain Economic Development Board (EDB) is a dynamic public agency with an overall responsibility for attracting inward investment into Bahrain, and is focusing on target economic sectors in which the Kingdom offers significant strengths.
 
Key areas of focus include manufacturing, ICT, and logistics and transport services as well as other sub-sectors. The Financial Services sector in Bahrain is particularly strong and the EDB supports in the continuing growth of the banking industry and key sub-sectors, including Islamic Finance, Asset Management, Insurance and Re-Insurance.
 
For more information on the Bahrain EDB visit www.bahrainedb.com; for information about Bahrain visit www.bahrain.com 
 
Further information please contact:

Noora Abul, Bahrain Economic Development Board
Tel: +973 17 589 903
Email: internationalmedia@bahrainedb.com