Bahrain readies for $320bn Mideast AI boom
01 December 2019
The World Economic Forum’s (WEF) Centre for the Fourth Industrial Revolution Network has hosted a workshop in Manama, Bahrain, 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 global event, the WEF had 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 three-day workshop 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 within the government of Bahrain, said a top official.
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.”
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