Bahrain is the complete package for technology and innovation
Bahrain is a gateway to the Gulf Cooperation Council region offering direct access to Saudi Arabia and other regional markets. Global IT companies choose Bahrain as a hub due to the availability of talent, cost competitiveness, ownership structure and strategic location.
Cloud traffic is growing faster in MENA than anywhere else in the world at 41% year over year. As the first Gulf country to adopt a nation-wide ‘cloud-first’ policy, Bahrain is ideally placed to take advantage of the ICT opportunities this trend is creating in areas such as business services outsourcing, cybersecurity, digital entertainment, gaming and e-commerce.
Bahrain offers internet bandwidth to connect to regional nodes in MENA, Europe, the Americas, Asia, and Australia. With strong market conditions created by high mobile penetration, the roll-out of commercial 5G and a business-friendly regulatory environment, Bahrain offers an ideal testbed for communication technology companies looking to take advantage of a region undergoing rapid digital transformation and technological advances.
Business-friendly regulatory framework
Bahrain offers foreign investors in the ICT sector 100% business ownership
Bahrain also offers 0% tax (corporate and personal tax), making it the most liberal tax regime in the gulf
Superior internet and networking capabilities
Submarine fiber optics systems
Terrestrial dark fiber systems
in Network Infrastructure & Internet Users (% of households with internet) based on The 2021 Inclusive Internet Index issued by Facebook & The Economist
In terms of a Well-developed and general infrastructure, based on The Global Innovation Index 2021 issued by WIPO
As a pioneer within the region, Bahrain is ready for more ICT and communication technology companies and help them prosper.
As a pioneer within the region, Bahrain is ready for more ICT and communication technology companies and prepared to help them prosper.
Access to the market
Bahrain lies at the heart of the Arabian Gulf, providing fast and efficient access to the USD 3.7 trillion MENA market and to large neighbouring economies like Saudi Arabia.
The total value of the ICT market in the Middle East totalled USD 160bn in 2020 (Gartner). As such, the region presents various information and communication technology opportunities in a range of different sectors including:
Cloud (datacenter & software as a service)
Annual growth rate of cloud data center traffic by 2024.
According to a 2020 study by the Ponemon Institute and IBM Security, the average cost of a data breach incident incurred per company in the Middle East is $6.93 million USD, well above the global average, presenting opportunities for Cybersecurity firms.
The MENA cybersecurity market is expected to grow at CAGR of 7.92% during the forecast period of 2021 – 2026.
Gaming & Digital media
estimated size of the GCC gaming industry, expected to reach 1.5% of global gaming market revenue by 2025
The Middle East Gaming Market is expected to grow at a CAGR of 12.1% during the forecast period of 2021-2026
Ecommerce Sales in MENA are expected to reach $48.6 billion by 2022
48% of internet users in the Middle East shop online.
MENA is home to over 190 Shared Services Centres
GCC outsourcing market growing at 41% to USD 1.86bn by 2021
Source: Cost of doing business in Bahrain, ICT Report 2020 (KPMG)
Ready-to-go commercial office spaces at:
Bahrain Financial Harbor
Bahrain World Trade Center
Al Moayyed Tower
Hub for human capital
Whether you are starting a business or developing a product, the right people are the key. A hub for qualified people with exceptional talent, Bahrain ranks 2nd among Arab countries in the 2020 World Bank Human Capital Index. Our digitally-native nation also ranks 1st among GCC in computer programming talents, based on the ITU Report on the digital trends in the Arab Region. Globally, Bahrain ranks 1st in Female Digital Skills Training & STEM Education Plan, based on 2021 Facebook & The Economist Internet Inclusive Report.
Bahrain offers ICT and communication technology companies a ready-made talent pool from which to build diverse and talented teams.
As a result of Bahrain’s liberal business environment and visa system, companies are able to hire teams of local and international staff to better serve their regional clients.
Tamkeen, a semi-government organisation bolstering the private sector, offers salary and training subsidiaries as well as grants to cover other costs such as equipment, IT infrastructure, and marketing.
Bahrain ranks 1st globally for digital literacy (based on the 2021 Inclusive Internet Index)
Discover Bahrain’s strengths, sector by sector
Bahrain offers an ideal location for ICT and other communication technology companies to access the fast-growing Middle East and GCC markets across key sectors. From cloud computing companies to digital entertainment enterprises and internet security providers, Bahrain offers plenty of room to grow.
Join a powerful network in Bahrain that includes these information and communication technology companies.
Currently, the cost of living in Bahrain is 23% lower compared to GCC countries (KPMG). Bahrain also ranks 5th globally for the best places to live and work by the HSBC Expat Survey 2019, and ranks 1st globally in Reaching Potential and Work/Life Balance.
A compilation of ICT sector resources and data to download and read at your convenience.
An overview and factsheet of the ICT sector in Bahrain, outlining how Bahrain has emerged as a leading location for IT business and communication technology opportunities.
An in-depth look at the advantages of Bahrain’s ICT sector, including high demand for mobile data, applications and services; widespread regional internet use; and a strong ICT ecosystem.
An in-depth look at why Sabre, a company offering airline and hotel software, data, mobile and distribution solutions, chose to base its regional headquarters in Bahrain.
Meet the team
We at Bahrain EDB are excited to help you begin or grow your venture in Bahrain in the information and communications technology industry.