Bahrain will host 18th Arab Businessmen and Investors Conference from 11-13 November 2019
Student Applications for the Arab Entrepreneurship Rally are now open.
The Kingdom of Bahrain has been chosen to host the 18th Arab Businessmen and Investors Conference (ABIC) and the 3rd edition of the World Entrepreneurs Investment Forum 2019 (WEIF 2019) from 11th to 13th November 2019.
The events will be held held simultaneously during those three days under the slogan “4th Industrial Revolution: Shaping the future - Digital disruptions for a better tomorrow”, representing an Arab economic and investment gathering that will lead drive investment in entrepreneurship and innovation in the digital revolution in the Arab world.
Having said that, the third edition of the World Entrepreneurs Investment Forum 2019 (WEIF 2019) will be held under the main theme of “Achieving the Sustainable Development Goals through Entrepreneurship & Innovation”, but with special focus on “Investing in the 4th Industrial Revolution in a Digital Economy”.
“The 4th Industrial Revolution has made paradigm changes in the way society and businesses have been functioning and is about more than just technology-driven incremental change. It is an opportunity to help varied stakeholders, including leaders, policy-makers and the general population from all income groups and nations, to harness converging technologies in order to create an inclusive, human-centered future. The real opportunity is to look beyond technology and find ways to enable the greatest number of people to positively impact their families, organizations and communities.
Both events will serve to highlight the opportunities and challenges of the fourth Industrial Revolution to key stakeholders from the private and public sectors, emphasising the need to move ahead and align with innovations which are driving major breakthroughs across many industries and sectors across the world.
One of the key spotlights of the 18th ABIC 2019 is the Arab Entrepreneurship Rally — a competition invites all Arab university students to showcase their unique business idea and tech innovation that will make a positive impact on society, and turn them into start-up enterprises, which will contribute to their own economic benefit.
Speaking about Bahrain being chosen to host these events, Sonya Mohamed Abdulla Janahi, Board Member of Bahrain Chamber of Commerce & Industry, said, “Bahrain is a leading example of a business-friendly nation with no free zone restrictions, 100% foreign ownership for a majority of activities and low operating costs. As the first GCC nation to move away from its dependence on oil, Bahrain is today the region’s most diversified and sustainable economy and leading financial hub.”
The events have been organised and supported by the Bahrain Chamber of Commerce and Industry (BCCI), Union of Arab Chambers, Arab League, The Arab Investment and Export Credit Guarantee Corporation and the United Nations Industrial Development Organisation (UNIDO ITPO Bahrain); and is set to attract 1500 participants from across the globe, representing a variety of expertise including key policy decision-makers, regulators, business investors, entrepreneurs, and global influencers.
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