bahrain’s partnership with amazon web services wins un award
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Bahrain’s partnership with Amazon Web Services wins UN award

Egypt Today, egypt today

Egypt Today, egypt today Bahrain’s partnership with Amazon Web Services wins UN award

UN’s Investment Promotion Award.
Manama - BNA

The Bahrain Economic Development Board (EDB) has won the United Nations’ Investment Promotion Award for excellence in boosting investment into sectors that will help meet the UN’s Sustainable Development Goals. The award acknowledges EDB’s work with Amazon Web Services that is set to launch its first Middle East ’Region’ in Bahrain in 2019.

The award is yet more recognition of Bahrain’s success in transforming into a digital economy, with the AWS investment a central pillar of efforts to support long-term economic growth and the creation of high quality jobs. The increased availability of cloud computing will help Bahrain and other countries in the region develop emerging sectors, enhance productivity, and support the growth of start-ups. 

Receiving the award at the World Investment Forum in Geneva, H.E. Zayed R. Alzayani, Minister of Industry, Commerce and Tourism, and EDB Board Member said: ‘In line with Vision 2030 the government of Bahrain has launched initiatives in human capital development placing the Kingdom on the right track for growth. Bahrain has become a hub for dozens of value-added projects following long term plans to attract investments for infrastructure projects, the development of legislative frameworks and easing the process for investment in various sectors. 

‘Bahrain is honoured with the recognition of this international award, which is also an addition to our continuous successes that are a result of the vision of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander, and First Deputy Prime Minister’

H.E. Khalid Al Rumaihi, Chief Executive of the EDB commented: ‘Working across the public and private sectors to attract investment is at the heart of our Team Bahrain approach and was crucial in securing AWS’ significant investment. This award is testament to that, and we are immensely proud to have the UN’s Investment Promotion Award recognise many years of hard work by the EDB team.’ 

The collaborative approach to addressing the needs of overseas investors isillustrated by recent regulatory reforms to enable a conducive commercial environment for all sectors, but most notably in technology. For example, improvements have been made to the regulatory environment including updating the bankruptcy law; introducing a data protection law; and the reduction of minimum capital requirements for starting businesses. All important elements for producing a thriving digital economy.

Innovative approaches to encouraging growth is a key focus of the UN’s Sustainability Goals and is illustrated by a number of other initiatives in Bahrain that were highlighted by the award’s judges. These include the adoption of a Government-wide Cloud First policy; and the C5 Cloud Scalerator; a long-term partnership between AWS, the EDB and Tamkeen, Bahrain’s public body for enhancing labour force productivity; which is the region’s only accelerator for start-ups wanting to develop a cloud based commercial strategy.

An additional focus of the UN’s Sustainability Goals is the promotion of high quality education, a factor that runs throughout Bahrain’s efforts to build an economy fit for the future. As part of its investment, AWS has launched its Training and Certification Programme in Bahrain and has received unprecedented levels of response. Over 2,300 young Bahrainis have signed up in the scheme’s first few months, a sign-up rate exceeding both China and India.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bahrain’s partnership with amazon web services wins un award bahrain’s partnership with amazon web services wins un award



GMT 00:19 2012 Sunday ,19 February

Sky extends rugby league contract

GMT 12:34 2012 Tuesday ,07 February

New Kurdish satellite TV station goes on air

GMT 06:29 2014 Sunday ,31 August

Finally, Apple’s iWatch coming in September

GMT 04:51 2017 Thursday ,13 April

Huda Kattan among top 10 beauty influencers

GMT 08:47 2011 Monday ,25 July

Uncle Sam wants psychiatrists

GMT 09:51 2019 Monday ,19 August

Live a frustrating atmosphere in your career

GMT 19:15 2012 Monday ,20 February

Sound of music for Sky News Arabia

GMT 23:28 2012 Saturday ,25 February

Al Jazeera crowned RTS news channel of the year

GMT 09:09 2012 Friday ,13 July

Supreme Court warns Pak prime minister

GMT 19:14 2017 Monday ,06 February

Earthquake Hits Areas in Iran's Khuzestan

GMT 04:45 2017 Monday ,06 February

Chazelle wins top DGA prize for ‘La La Land’

GMT 08:18 2016 Wednesday ,03 February

Syria's war-pummelled textile industry

GMT 21:09 2016 Wednesday ,01 June

Suspected US troops attack Al Shabaab in Somalia

GMT 18:03 2015 Monday ,09 February

GCC assistant secretary-general meets Swiss official

GMT 09:27 2017 Saturday ,30 December

Cyprus president among nine candidates

GMT 02:02 2012 Friday ,10 August

Potato juice treat stomach ulcers

GMT 12:43 2013 Monday ,03 June

Mays Hamdan works on new song

GMT 06:11 2015 Thursday ,22 October

Comedian Chris Rock to host Oscars again

GMT 12:10 2012 Wednesday ,26 September

Marwa\'s plans after finishing film Christmas

GMT 06:23 2012 Friday ,13 April

Happy Feet Two

GMT 13:24 2012 Tuesday ,24 July

LeAnn Rimes in see-through top
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday