Manama, October 5 (BNA): Emphasizing the importance of representing the Kingdom of Bahrain in major international events, a number of strategic partners from the startup ecosystem in the Kingdom will join the Labor Fund (Tamkeen) at the Bahrain pavilion at the upcoming GITEX exhibition. 2022. The exhibition is scheduled to start on Monday 10 October at the Dubai World Trade Center and will last for five days until 14 October. Tamkeen sponsors the Bahrain Pavilion with the participation of 30 Bahraini small and medium-sized companies and start-ups in the information and communication technology sector. Bahrain’s participation is organized in cooperation with the Bahrain Association of Technology Companies (BTECH).
The Bahraini delegation will include representatives from Tamkeen, the Information and eGovernment Authority, the Bahrain Economic Development Board, the Bahrain Development Bank and the Hope Fund. This participation highlights the Kingdom’s commitment to supporting the ecosystem of local startups in all economic sectors, especially the information and communication technology sector, which contributes effectively to driving economic growth by creating job opportunities for local talent. This participation will also provide opportunities to attract international investments by meeting with global technology companies and exchanging knowledge and experience.
On this occasion, Ms. Maha Moviz, Acting CEO of the Labor Fund (Tamkeen), affirmed Tamkeen’s commitment to maintain continuous cooperation with the relevant government institutions that represent the Bahrain team in line with national priorities to achieve the objectives of the Economic Recovery Plan. Which leads to a greater impact on the national economy. She said: “It is our priority to represent the Kingdom of Bahrain at prestigious international events such as the annual GITEX which attracts some of the largest ICT companies from around the world. By sponsoring the Bahrain pavilion, we will support startups and SMEs from the local ICT sector and enable them to Enhance its performance and explore opportunities for growth and expansion, allowing it to promote its services and compete in regional and international markets.”
She added: “The Bahrain pavilion will also host a Bahrain delegation that will represent the Kingdom during the event and exchange Bahrain’s experience in developing and supporting the ICT sector, in addition to communicating with international experts in the field of ICT and bringing back a wealth of knowledge that can benefit in the development and growth of this sector. High potential in Bahrain
For his part, the CEO of the Information and eGovernment Authority, Mohammed Ali Al-Qaed, praised Tamkeen’s support for the Bahrain pavilion at GITEX 2022 and the role of the Bahrain Technology Companies Association in facilitating this participation. He stressed that the Information and eGovernment Authority’s participation is in line with its commitment to achieving the leadership’s vision and implementing the government’s action plan initiatives that aim to enhance the Kingdom of Bahrain’s participation in international events and strengthen relations with relevant authorities in various sectors.
Furthermore, Mr. Al Qaed expressed his pride in the Information and eGovernment Authority’s participation in this global technological event that provides opportunities for the Kingdom of Bahrain to showcase its latest initiatives in digital transformation, while providing a platform for the Information and eGovernment Authority to showcase its experience in digitization. Providing digital services and electronic solutions and benefiting from the latest technological developments, and how this contributes to advancing the economic development in the Kingdom.
Commenting on this, Mosab Abdullah, Executive Director – Investment Development (ICT) at Bahrain Economic Development Board said: “The ICT sector remains at the forefront of government interest in line with the economic recovery plan, and we are excited about that. Participation in the upcoming edition From Gitex.The event embodies the perfect opportunity for us to meet key players from the sector to showcase Bahrain’s competitive advantages from our skilled national workforce, modern digital infrastructure, and business thinking environment.”
On her part, Ms. Dalal Al-Qais, Group CEO of Bahrain Development Bank (BDB), said: “The participation of the Kingdom of Bahrain in GITEX this year is of special importance because it comes after a period of hiatus. Specialized international exhibitions as a result of the Covid-19 pandemic. The exhibition provides an opportunity Good to see the latest products and advanced technology projects from all over the world.” Al-Qais also confirmed that the participation of the Bahrain Development Bank in the delegation of the Kingdom of Bahrain will focus on providing “Tijara”, a digital platform supported by the Bahrain Development Bank, that provides smart, efficient, fast and convenient banking solutions for small and medium-sized companies, which the bank will launch before the end. This year as part of the bank’s digital transformation journey. This participation also reflects the spirit of partnership and cooperation between all parties participating in the delegation and working in an integrated manner to present the experiences and success stories of small and medium companies in the Kingdom of Bahrain in the ICT sector. The exhibition also provides a great opportunity to discuss joint investments between Bahraini entrepreneurs and their global counterparts. In addition to enhancing the entrepreneurial environment in the Kingdom through the participation of entities supporting the entrepreneurship sector in this unique platform offered by Gitex.
Commenting on their participation, Ms. Fajr Al-Bachachi, General Manager of Al-Amal Enterprises, said: “We are excited to partner with Tamkeen to participate in GITEX 2022 as part of the Bahrain Pavilion to showcase our expertise in supporting entrepreneurship in the Kingdom. The Beban TV Show, the first entrepreneurial program in Bahrain, was launched. It allows entrepreneurs to turn to regional investors for business and investment opportunities. After expanding the offer to the UAE, GITEX provides a platform to attract regional companies to participate in the upcoming season of Beban for the opportunity to receive strategic business and equity investment opportunities.”
Bahraini SMEs and startups will participate in the exhibition along with 1,400 international companies that will showcase the latest developments in topics such as the metaverse, web 3.0, blockchain, video games, cloud computing, financial technology and other technical topics. The exhibition is expected to attract more than 100,000 visitors from all over the world.
GITEX 2022 will also host a number of events and talks that will facilitate knowledge exchange and allow participants to gain knowledge and experience that they can draw on to develop their own businesses. The Bahrain pavilion will host a panel discussion that will showcase the Kingdom’s experience in the field of financial technology and the impact of adopting digital solutions on both the public and private sectors.
M