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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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Delegation Organised a Business Forum attended by 100 Indian Investors

– Bahraini Economic Delegation Concludes Promotional Visit to India –Manama: December 5, 2018 – Bahrain’s economic delegation concluded its official visit to the Republic of India, organised by the Bahrain Economic Development Board (EDB) this week to promote investment opportunities in the Kingdom of Bahrain. The delegation’s activities were centred in Mumbai, India. The Bahraini delegation … Continued

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Steve Wozniak to Speak at Annual GCC Financial Forum

– Conference to run from 26 to 27 February 2019 – – Landmark event to discuss the disruption of finance in the region and around the world – Manama, 3 December 2018: Steve Wozniak, co-founder of Apple, has been announced as the keynote speaker of the eighth annual GCC Financial Forum. Co-hosted by Euromoney and the Bahrain … Continued

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Bahrain Economic Development Board Signs MoU with Maharashtra Government to cooperate in FinTech

Mumbai, December 4, 2018: The Economic Development Board (EDB), the investment promotion arm of the Kingdom of Bahrain today signed a Memorandum of Understanding (MoU) with the Maharashtra Government to provide a framework for co-operation between the two authorities to promote FinTech in their respective markets. A senior delegation led by Dr Simon Galpin, Managing Director, … Continued

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Bahrain establishes friendly cooperation with Hangzhou to explore opportunities in cross-border commerce

– Three additional MOUs signed at the Bahrain – Zhejiang Business Forum in Hangzhou –   HANGZHOU, ZHEJIANG, NOVEMBER 20, 2018 –  A senior delegation from the Kingdom of Bahrain organised by the Bahrain Economic Development Board (EDB) met with Mr. ZHANG Zexi, Vice Chairman of Zhejiang Provincial Political Consultative Committee and a number of … Continued

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Bahrain signs eight landmark agreements to deepen economic ties with Shenzhen

SHENZHEN, NOVEMBER 17, 2018 – This week, a senior delegation from the Kingdom of Bahrain led by the Capital Governor HE Sheikh Hisham Bin Abdulrahman Al Khalifa and organised by the Bahrain Economic Development Board (EDB) visited Shenzhen to discuss opportunities to strengthen cooperation. They met with Mr Ai Xuefeng, Vice Mayor of Shenzhen and … Continued

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Bahrain Surges as Welcoming Business Destination in 2018 HSBC Expat Explorer

– Annual global survey influences business leader decision-making about relocation and business set up by evaluating perceptions across key indicators. – – Bahrain’s global ranking improves from nine to five. – – Economic indicators, including career opportunities, local economics and personal finance drive Bahrain to number one ranking for expat satisfaction in MENA. – Manama, … Continued

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Bahrain Delegation to visit China to fortify economic and trade ties between the two nations

Manama, 11 November 2018: A high-level Bahrain business delegation will land in China this week on a visit organized by the Bahrain Economic Development Board (EDB) aiming to strengthen economic and trade ties between the two countries. Bilateral relations have gathered momentum since His Majesty King Hamad’s visit to China in 2013 and Bahrain is … Continued

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KMPG report highlights Bahrain’s competitive advantages in doing business in the GCC

– The report reveals that Bahrain is leading the GCC region in cost competitiveness for doing business and living- -Specific measures include Tamkeen covering 100% of the hyperscale data centre subscriptions for 18 months for companies registered in Bahrain- -Bahrain’s utility costs are 25% cheaper than the average in the GCC- -Bahrain enjoys a cost … Continued

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Bahrain’s broad based economic recovery gathers pace in Q2 thanks to growth in non-oil sectors

 - Second quarter sees annual growth rate of 2.4% - - Construction expands at 6.7% and manufacturing by 4.5% -     Manama, 31 October 2018: Bahrain’s headline real growth rate increased sharply in the second quarter of 2018 to an annual pace of 2.4%. The data published in the Bahrain Economic Quarterly Report (BEQ) … Continued

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