Al Awadhi Advocates for Expanding Bahraini Presence in Gulf Cybersecurity Market

Mr. Yaqoob Al Awadhi, Technical Expert and CEO of NGN, a leading Bahrain IT and IoT integration and Managed Cyber Security Company, emphasized that Bahrain’s top position in of the 2024 Global Cybersecurity Index (GCI), earning a “Tier 1 – Classification” is a significant boost to the country’s reputation as a leading cybersecurity hub.

“This prestigious recognition highlights Bahrain’s prominence in international cybersecurity metrics. Leveraging this global reputation is essential for promoting Bahraini companies and expanding their service offerings in the Gulf market, which holds significant potential. For instance, Saudi Arabia’s cybersecurity market alone is valued at $3.54 billion.” Commented Mr. Al Awadhi.

“The cybersecurity sector offers Bahraini companies’ valuable opportunities to grow and launch new products and services. The dynamic digital environment in Bahrain promotes innovation, supports entrepreneurship and investment, enhances local content, and builds specialized national talent to meet cybersecurity needs. This approach strengthens the sector within the Kingdom, maximizes its potential, and contributes to sustainable development, while ensuring a secure and reliable Bahraini cyberspace.”

Mr. Al Awadhi emphasized the kingdom’s significant investment in developing cybersecurity talent through training programs and internationally recognized certifications. This approach not only enhances employment opportunities for individuals but also equips them with valuable skills, making Bahrain a leading global model in building cybersecurity expertise.

 “Bahrain’s achievements in improving institutional compliance with cybersecurity standards add to the nation’s impressive track record. This progress aligns with Vision 2030 goals and supports the growth of the cybersecurity sector, which is expected to expand at an annual rate of 14.2% in the Middle East over the next five years.”

Furthermore, Mr. Al Awadhi highlighted that Bahraini institutions are actively adopting top practices for network and information security. This shift is driven by digital transformation, increased reliance on e-government services, and the growing use of online financial transactions. The cybersecurity industry, valued at over $222.6 billion in 2023, is projected to reach $403 billion by 2027, with a compound annual growth rate of 12.5%.

The CEO of NGN affirmed that the company is utilizing its expertise and international partnerships to educate Bahraini institutions about cyber resilience, ensuring that cybersecurity is integrated into all aspects of their operations. This effort is essential as Bahrain continues to invest in emerging technologies and navigate global cybersecurity challenges.

Scroll to Top