The Digital Cooperation Organisation (DCO), a multilateral organisation dedicated to promoting inclusive digital economy growth and digital prosperity worldwide, has appointed Bahrain to the Presidency.
Mohamed bin Thamer Al Kaabi, Minister of Transportation and Telecommunications, Kingdom of Bahrain, will assume the position of Chairman of the DCO Council. The Ministry of Transportation and Telecommunications (MTT) of Bahrain will oversee the DCO’s strategic direction for the upcoming year and support the execution of key initiatives and programs.
Bahrain has a strong commitment to becoming a leading digital economy in the region and has established numerous projects and initiatives to lay the groundwork for digital growth.
The government has implemented a comprehensive regulatory environment that includes laws on personal data protection, data jurisdiction, intellectual property, and e-Transactions, among others, to support the Kingdom’s digital economy. The country has been ranked in the Very High scoring category of the 2022 United Nations E-Government Development Index (EGDI).
Bahrain has also developed FinTech policies, and its FinTech Bay has demonstrated a strong commitment to driving financial technology innovation in the MENA region. Amazon Web Services has also selected Bahrain as the location for their new hyperscale Cloud Region, which is their first in the Middle East and North Africa.
“Bahrain has put great focus on developing the regulatory framework, policies, and infrastructure that have enabled the Kingdom to establish an efficient and attractive digital ecosystem for businesses,” said Mohamed bin Thamer Al Kaabi, Minister of Transportation and Telecommunications.
“Bahrain is ready to share its expertise and best practices with the Member States of the DCO, to enhance the mission of empowering all nations to build digital economies that drive growth and development.”
Deemah AlYahya, Secretary-General of the DCO, said, “We are very pleased to announce that the Kingdom of Bahrain has been ratified to the Presidency of the DCO for 2023. The leadership of the Kingdom of Bahrain has long understood the potential of technology to advance economic growth, and the necessity of using policy and regulation to enable the framework for the digital economy to flourish and grow. Bahrain was one of the founding nations of the DCO, and now, under the Presidency of Bahrain and the wise Chairmanship of Mohamed bin Thamer Al Kaabi, we look forward to making great progress towards our goal of digital prosperity for all in 2023.”
The ascension of Bahrain to the Presidency of the DCO was ratified during the second DCO General Assembly which took place in Riyadh, Saudi Arabia, on 5th of February.
