Bahrain has witnessed a remarkable growth in investments directed to technology projects in the local market since the beginning of this year, in a move that the government is betting on in the context of programs to digitize the economy.
The EDB attracted $295 million in investments in the ICT sector, out of a total direct investment of $1.4 billion during the first nine months of 2023.
Investments have flowed into 14 local and international projects and will create more than 1,600 jobs in the ICT sector within three years. Manama has approved a package of laws, which will strengthen its position at the forefront of countries that provide the best services and infrastructure in the field of communications and information technology.
Source (Al-Arab Newspaper of London, Edited)
