Bahrainthismonth.com January 2025 35 The Labour Fund (Tamkeen) announced its support for ARRAY, a leading provider of Artificial Intelligence (AI), enterprise software engineering and cloud solutions, a portfolio company of Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain. Tamkeen will support the company through its various support programmes, including employment support, training support and enterprise support. Labour Fund (Tamkeen) Chief Executive, Maha Abdulhameed Mofeez, states: “ARRAY will provide around 120 jobs for local talent within the Information and Communications Technology sector, along with ongoing training programmes to hone their skills in this field. This support is in line with the objectives of the National Labour Market Plan (2023–2026).” This support aligns with Tamkeen’s 2024 strategic priorities under three pillars: increasing economic participation through employment opportunities for new market entrants, expanding career development opportunities available to the Bahraini workforce, and further developing the private sector by supporting enterprises to drive impact and sustainable development in the economy. ARRAY Innovation CEO, Alaa Saeed, adds: “ARRAY is committed to building cutting-edge digital solutions for our clients from Bahrain, and in doing so providing 1,000 highly skilled jobs for Bahrainis over the coming years. We are very grateful to Tamkeen for initially supporting our first batch of 120 Bahraini hires going forward. We are very encouraged by the demand for our software engineering and artificial intelligence capabilities and are growing quickly.” BEYON CYBER BEGINS OPERATIONS IN SAUDI ARABIA YOUSUF AL MULLA APPOINTED AS ACTING MANAGING DIRECTOR OF INOVEST 120 BAHRAINIS TO BE HIRED BY AI PROVIDER ARRAY INNOVATION Beyon Cyber, part of the Beyon Group, announced its official launch in the Kingdom of Saudi Arabia, elevating its presence in the Middle East’s cybersecurity market. The strategic move was unveiled during the highly anticipated Black Hat Middle East and Africa (MEA), which took place in Riyadh with the annual gathering of the global cybersecurity elite attracting more than 40,000 cybersecurity professionals and featuring over 450 exhibitors. Beyon Cyber leveraged Black Hat’s global platform to showcase two new revolutionary products, Intel X and Integrated Defense Platform, designed and developed in-house by Beyon Cyber’s R&D team. The products, which are industry-first solutions address some of the most pressing challenges in cybersecurity, offering enhanced protection, real-time threat detection and proactive defense mechanisms. Beyon Cyber CEO Dr. Shaikh Khalid bin Daij Al Khalifa says: “Saudi Arabia’s rapid digital transformation has created a critical need for advanced cybersecurity solutions. Our expansion into this key market reflects our commitment to delivering localised, world-class protection, empowering organisations to innovate securely in an increasingly complex threat landscape.” The Bahraini company Inovest has announced the appointment of Dr. Yousuf AlMulla as its Acting Managing Director, entrusting him with the responsibility of contributing to the formulation and execution of the company’s strategic vision. In his new role, Dr. AlMulla will oversee the implementation of Inovest’s expansion and growth plans while strengthening its presence in the financial and investment sectors locally, regionally and internationally. Dr. AlMulla brings a wealth of experience to his new position, having held prominent leadership roles in leading companies such as Mada’in Properties and Sharjah Islamic Bank, and holds a Doctorate in Business Administration from the University of Administrative Sciences in Malaysia, further underscoring his qualifications and expertise. business bites
RkJQdWJsaXNoZXIy Mjk0MTkxMQ==