Doha:A Bahraini Parliamentary Division delegation, led by MP Mohammed Yousef Al Maarifi, Deputy Chairman of the Financial and Economic Affairs Committee, participated in the ninth World Investment Forum held in Doha. The delegation was actively involved in workshops and panel discussions under the theme "Investing in the Future."
According to Bahrain News Agency, the delegation, which included MP Hanan Mohammed Fardan, Deputy Chairwoman of the Public Utilities and Environment Committee, and Shura Council member Hisham Hashim Al Qassab, emphasized the necessity of updating legislation to align with advancements in artificial intelligence and digital transformation. They advocated for creating regulatory frameworks that foster innovation, boost investor confidence, and support economic diversification and productivity.
The delegation also discussed the pivotal role of legislative bodies in promoting the responsible use of AI, safeguarding data, enhancing cybersecurity, and improving economic governance. The forum addressed various topics including investment in AI infrastructure, investment promotion and facilitation, global value chain integration, and support for small and medium-sized enterprises and start-ups.
Furthermore, the delegation underscored the importance of sustainable investment, public-private partnerships, green investment, and infrastructure development. They noted that international expertise shared at the forum could significantly contribute to strengthening Bahrain's investment policies and enhancing its status as a favorable business and investment destination.
