Bahrain Readies for $320 Bn Middle East AI Boom with WEF Future Tech Workshop

Manama, Bahrain, 6th November 2019: The World Economic Forum’s Centre for the Fourth Industrial Revolution Network has hosted a workshop in Manama to discuss the future of public Artificial Intelligence (AI) procurement, in partnership with the Bahrain Economic Development board and Bahrain’s Information & eGovernment Authority (iGA).

The workshop follows closely on from the WEF Annual Meeting of the New Champions in Dalian, China. During the major global event, the World Economic Forum announced that Bahrain would pilot new guidelines for the procurement of AI in the public sector, produced by WEF’s Centre for the Fourth Industrial Revolution.

The workshop, held between November 5-7, brought together Bahrain government stakeholders, entrepreneurs and experts to identify key opportunities and challenges for the high-tech industry. The sessions also helped to gather evidence and feedback on the guidelines for AI procurement in the public sector and developed a roadmap to advance this goal among the government of Bahrain.

PwC predicted an AI boom in the Middle East, with the sector contributing $320 billion to the region’s economy by 2030 – positioning Bahrain and neighbouring nations as a strategic development “springboard”.

Eddan Katz, Project Lead, AI and Machine Learning of WEF C4IR said, “The readiness of Bahrain’s public sector for the social and economic development anticipated by the dawn of artificial intelligence is impressive. Visionary leadership enabling multidisciplinary coordination across sectors demonstrates how a commitment to responsible innovation can transform how government works and help improve people’s lives.”

Khalid Humaidan, Chief Executive of the Bahrain EDB said, “Bahrain is a world leader when it comes to the testing, governance and regulation of emerging technologies, making it the ideal partner for this World Economic Forum project. Governments around the world may be hesitant to adopt AI systems when faced with complex procurement processes, but by working together we can create a model that truly powers the public sector into the next generation of technology.”

Mohammed Ali Al Qaed, Chief Executive of the iGA said, “Government of Bahrain recognizes the importance of possessing the necessary know-how supported by rules and guidelines for the procurement of AI solutions. The guidelines for public procurement of AI, as determined by the WEF, present us an opportunity to learn and utilize how we should acquire and deploy AI based solutions. They put in place an innovative and reliable method for the procurement process, drawing from the input of experts in the field, and maximizing the benefits of science and technology for our society.”

Hot this week

Hisense India and Toshiba Announce Special Independence Day Offers Across Amazon Great Freedom Festival and Flipkart Freedom Sale

The campaign reflects Hisense India’s commitment to making premium technology more accessible while expanding its retail footprint nationwide.

BITS Pilani’s BITSoM Launches VERTEX: A New AI Venture Factory Bringing Silicon Valley Innovation to India

Over the next three years, the programme aims to graduate 100 AI startups, offering mentorship, enterprise pilots, investor networks, and AI infrastructure.

NTT DATA Launches AI for Insurance to Convert Complex Workflows into Governed, Repeatable AI-delivered Services

Designed for regulated environments, it embeds governance guardrails and human oversight, enabling insurers to deploy AI at enterprise scale.

EMIL Announces ‘Apple Days’ with Up to ₹15,000 Cashback, ₹10,000 Exchange Bonus and No-Cost EMI for Up to 24 Months

Customers can avail up to ₹15,000 cashback, ₹10,000 exchange bonus, and No-Cost EMI options for up to 24 months on Apple products including iPhone, iPad, MacBook, Apple Watch, and AirPods.

Vaaree Raises ₹65 Crore Series A Led by Hero Enterprise and Cap Alpha Ventures

The capital will be used to expand fulfilment centres and strengthen AI-powered styling technology, including VibeCheck, which helps customers visualise and style complete spaces.

Topics

Hisense India and Toshiba Announce Special Independence Day Offers Across Amazon Great Freedom Festival and Flipkart Freedom Sale

The campaign reflects Hisense India’s commitment to making premium technology more accessible while expanding its retail footprint nationwide.

BITS Pilani’s BITSoM Launches VERTEX: A New AI Venture Factory Bringing Silicon Valley Innovation to India

Over the next three years, the programme aims to graduate 100 AI startups, offering mentorship, enterprise pilots, investor networks, and AI infrastructure.

NTT DATA Launches AI for Insurance to Convert Complex Workflows into Governed, Repeatable AI-delivered Services

Designed for regulated environments, it embeds governance guardrails and human oversight, enabling insurers to deploy AI at enterprise scale.

EMIL Announces ‘Apple Days’ with Up to ₹15,000 Cashback, ₹10,000 Exchange Bonus and No-Cost EMI for Up to 24 Months

Customers can avail up to ₹15,000 cashback, ₹10,000 exchange bonus, and No-Cost EMI options for up to 24 months on Apple products including iPhone, iPad, MacBook, Apple Watch, and AirPods.

Vaaree Raises ₹65 Crore Series A Led by Hero Enterprise and Cap Alpha Ventures

The capital will be used to expand fulfilment centres and strengthen AI-powered styling technology, including VibeCheck, which helps customers visualise and style complete spaces.

SSIEL Group Announces the Opening of The Aarlis Hotel Panchkula, a Vignette Collection Hotel by IHG Hotels & Resorts

The launch marks SSIEL’s diversification into luxury hospitality, reinforcing its commitment to world-class destinations and regional economic development.

Equity Intelligence Acquires 3% Stake in 90+ My Tuition App; Company Targets SME Listing and National Expansion

Strategic investment to accelerate AI-powered education innovation and nationwide growth

Insurance Major IIRM Holdings Raises ₹1,500 Million in Strategic Capital Round Led by Carpediem Capital and Sanshi Fund – I

Funding to accelerate expansion, acquisitions, and strengthen leadership in insurance distribution and risk advisory
spot_img

Related Articles

Popular Categories

spot_imgspot_img