MPs push for Tamkeen investment in tech

TDT | Manama

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Bahrain must take the lead in a sector reshaping global economies, say lawmakers pushing for Labour Fund (Tamkeen) to invest directly in artificial intelligence businesses.

A proposal before Parliament, set for debate on Tuesday, calls for funding to help firms develop AI applications, build infrastructure, and train Bahrainis in the field.

The motion, submitted by MPs Dr Munir Seroor and Ali Saqer, argues that AI is no longer an emerging trend but a fundamental part of education, technology, finance, and trade. Other countries are already moving fast, and Bahrain must act now to stay competitive.

"Artificial intelligence is taking root across all areas of life," Dr Seroor said. "Governments worldwide are laying strong foundations, and Bahrain should do the same. We have the talent and ambition, but firms need support to develop AI applications and attract expertise to train our people."

Tamkeen, which already funds digital upgrades through schemes like 'Start Your Business' and 'Business Growth,' acknowledges AI’s growing role. The fund’s CEO, Maha Mufeez, highlighted AI’s potential to drive investment and job creation, both locally and internationally.

"The speed of change in artificial intelligence is striking," she said. "Tamkeen continues to support businesses adopting AI tools and expanding training programmes, in line with its role."

Parliament’s Services Committee has unanimously backed the motion, citing public interest as a key reason for approval.