Bahrain: The challenge of staying competitive

  • Date: 23-Jan-2020
  • Source: Wamda
  • Sector:Technology
  • Country:Bahrain
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Bahrain: The challenge of staying competitive

The number of firms in the private sector has increased by 50 per cent alongside a 30 per cent rise in the number of jobs in the private sector according to data from the Labour Market Regulatory Authority.. Fuelling the growth has been Bahrain's geographic position and its proximity to Saudi Arabia.. We have very close proximity to the largest market in the Middle East [Saudi Arabia].. What we try to do in Bahrain, is to focus on incentives and benefits that are provided to startups setting up in the country.. The Amazon impact has been huge, it gives testament to the strong ICT infrastructure in Bahrain, the connectiveness with other data centres globally, it gives testament of the eagerness of the government to move to the cloud.. At EDB, we handhold startups and accelerators throughout the whole process of registration, ensuring they come out of it with meaningful relationships and introduce them to key decision makers..