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Almas Nexus Announces MoU Signing with the Bahrain Economic Development Board

Agreement aims to enhance cooperation in the field of fintech innovation Almas’ platform will be made available to wealth advisors and institutions in Bahrain as well as across the GCC, Europe and AsiaMANAMA and LONDON, 27 November 2017: Almas Nexus (“Almas”), a next-generation alternative investments fintech company that is focused on providing investors with a global … Continued

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Bahrain’s non-oil sector expands 4.7% in the first half of 2017

Strong performance from the private sector led by Hotels & Restaurants, Social & Personal Services and Financial Services   Growth momentum remains well ahead of the regional normManama, 20 November 2017: Growth in the non-oil sector of Bahrain’s economy reached an annual pace of 4.7% in the first half of 2017, ahead of the 4.0% non-oil … Continued

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Khalid Al Rumaihi Addresses the Alumni at Arab Conference at Harvard

Manama, Bahrain – 15th November 2017: HE Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board (EDB) delivered keynote remarks during the 11th edition of the ‘Arab Conference at Harvard’, which was organized by the Harvard Arab Alumni Association along with the Harvard Business School MENA club and took place earlier this week … Continued

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INTRATOOL GROUP launches GCC hub in Bahrain

Manama, November 09, 2017: INTRATOOL GROUP, a leading provider of engineering, technological and manufacturing services, has today launched the GCC operations branch of its service subsidiary. INTRA Services Company LLC specialises in critical and emergency services for the oil and gas industry, petrochemical, industrial and energy sectors. INTRATOOL is a prominent Russian services company to … Continued

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Leading Logistics Provider Opens New USD 20million Joint Venture Facility in Bahrain

Investment to support the expansion of regional operations in the chemical and petrochemical marketsManama, Bahrain – 8 November 2017: nogaholding, the investment and business development arm of National Oil and Gas Authority (NOGA), and Schmidt Heilbronn has today inaugurated its new joint venture facility, Schmidt Logistics Bahrain. The US 20million facility will create around 100 … Continued

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Bahrain and FinTech Consortium launch the largest dedicated FinTech hub in the Middle East and Africa

Manama, 5 November 2017: The Bahrain Economic Development Board (“EDB”) and FinTech Consortium (“FTC”) announced today the launch of “Bahrain FinTech Bay” (“BFB”), the largest dedicated FinTech hub in the Middle East and Africa. The new hub aims to further the development and acceleration of Fintech firms as well as the interaction between investors, entrepreneurs, … Continued

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Bahrain EDB attracts over $200mn of Manufacturing & Logistics Investment to date in 2017

– Incentives by BIIP and Bahrain Logistics Zone attract strategic projects by international companies –  A diverse range of investments expected to create more than 1,000 jobs over three years –  Manama, 18th October 2017: More than US$200million worth of investment into Bahrain’s manufacturing and logistics sector was attracted in the first half of this … Continued

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Bahrain EDB signs deal with Italian Business Association

Deal aims to boost cooperation between Bahrain and Italy across a range of sectorsManama – 13 October 2017: The Bahrain Economic Development Board (EDB) today signed an MOU with Confindustria Assafrica & Mediterraneo in the Italian capital, Rome. The MOU aims to boost cooperation between Bahrain and Italy in several sectors key to the Bahraini … Continued

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Bahrain Delegation Takes Part in the First Italian-Arab Business Forum in Milan

High-level delegation to promote business opportunities for Italian businessesManama – 12 October 2017: A high-level Bahraini business delegation today took part in the First Italian-Arab Business Forum in Milan as part of a roadshow in Italy, which runs from 11th – 13th October 2017. The Bahrain Economic Development Board (EDB) is organising the visit as … Continued

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