In an op-ed for Arabian Business magazine, Chief Executive of Economic Development Board Khalid Al Rumaihi forecasts 2017 to be a productive year for the Bahraini economy. We at Startup Magazine are excited about these developments and will continue to showcase them.
The key sectors for growth in Bahrain will be seen in the realms of Islamic finance and cloud-based technology. “There are real opportunities as the industry evolves and Bahrain’s expertise in Islamic finance and its culture of innovation mean we are well placed to play a central role in the next phase of the sector’s development.” In the technology field, Amazon Web Services has announced the opening of its first sales office in Bahrain. This decision is also in line with the laughing of the region’s first cloud accelerator, C5 Accelerate, in efforts to see development in cloud-based technology.
“The GCC is at an exciting point in its development as we begin to see the economic transformations taking shape and we look forward to the opportunities it will present”, Al Rumaihi concluded. Indeed, Bahrain will witness tremendous changes, developments, and disruptions in the burgeoning tech startup field.
In an op-ed for Arabian Business magazine, Chief Executive of Economic Development Board Khalid Al Rumaihi forecasts 2017 to be a productive year for the Bahraini economy. We at Startup Magazine are excited about these developments and will continue to showcase them.
The key sectors for growth in Bahrain will be seen in the realms of Islamic finance and cloud-based technology. “There are real opportunities as the industry evolves and Bahrain’s expertise in Islamic finance and its culture of innovation mean we are well placed to play a central role in the next phase of the sector’s development.” In the technology field, Amazon Web Services has announced the opening of its first sales office in Bahrain. This decision is also in line with the laughing of the region’s first cloud accelerator, C5 Accelerate, in efforts to see development in cloud-based technology.
“The GCC is at an exciting point in its development as we begin to see the economic transformations taking shape and we look forward to the opportunities it will present”, Al Rumaihi concluded. Indeed, Bahrain will witness tremendous changes, developments, and disruptions in the burgeoning tech startup field.
Read the rest of the piece here: http://www.arabianbusiness.com/an-opportunity-in-disguise-for-bahrain-658593.html