Day: January 12, 2021

Bahrain hopes 5G roll-out will attract more tech firms to its shores

Bahrain has completed the roll-out of 5G as part of its strategy to diversify its economy and reduce its reliance on oil and gas.

Two of three mobile operators in the country have now achieved full 5G coverage to its population.

The tiny Middle Eastern island state, with a population of just 1.5 million, wants to attract more tech companies to its shores with the promise of the optimum IT infrastructure and a gateway to the Middle East region.

Bahrain’s telecoms sector attracted more than $2bn investment between 2009 and 2019 as part of its economic diversification and its ICT sector now accounts for nearly 3% of its national gross domestic product.

One of the advantages of Bahrain is its favourable business environment. It offers a tried-and-tested legal and regulatory environment and has minimal restrictions on foreign ownership.

Bahrain also has a respected financial services sector with more than four

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