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 at Harvard University in Boston in the United States.
The theme of the conference this year was “Arab Visionaries: Claiming Tomorrow”, which aimed at combating discriminatory and reductive imagination surrounding the Arab World that diminishes it to a geography of violence and failure.
During his speech, HE Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board (EDB) highlighted the role of the EDB in helping Bahrain’s economy grow by attracting foreign investments, creating jobs in the local market and working with other government agencies to foster a holistic environment that supports economic expansion, innovation, and diversification.
HE Al Rumaihi also addressed a number of key topics affecting the business community today such as the impact of low oil prices, the need to enable innovation and disruption in our economies, and the importance of establishing an ecosystem that supports the private sector and entrepreneurship to help create opportunities that bring entrepreneurs back and encourage them to stay.
The Arab Conference at Harvard is the largest pan-Arab conference in North America, bringing together nearly 1,300 people of whom 65% are students in the US and 35% are professionals traveling from either the US or the Middle East to discuss key issues with the region’s most prominent politicians, key business public figures, and civil society leaders.
About Bahrain Economic Development Board
The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.
The EDB works with the government and both current and prospective investors to ensure that Bahrain’s investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.
The EDB focuses on several economic sectors that capitalise on Bahrain’s competitive advantages. These sectors include financial services, manufacturing, ICT, tourism, logistics and transport.