
The Middle East needs a technological revolution. Start-ups can lead the way
Data centres could be the Gulf’s new refineries. But the region must put the right support systems, regulations and access to funding in place, writes Khalid Rumaihi.
The Bahrain Economic Development Board (EDB) is a dynamic public agency with responsibility for attracting inward investment into Bahrain focusing on target economic sectors in which the country offers significant strengths. Key areas include manufacturing, information and communication technologies (ICT), and logistics and transport services. The financial services sector in Bahrain is particularly strong and the EDB supports the continuing growth of the banking industry and key sub-sectors, including Islamic finance, wealth management, asset management, and insurance and re-insurance.
Data centres could be the Gulf’s new refineries. But the region must put the right support systems, regulations and access to funding in place, writes Khalid Rumaihi.
Governments should lead by example, cut red tape and push the boundaries of what's possible in order to ensure the responsible flow of data, writes Khalid Rumaihi.
Governments have been forced to accelerate reforms.
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