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Is the march of technology moving in the right direction?

Last week’s World Economic Forum on the Middle East and North Africa raised the question of how can we guarantee that technology becomes more human-centered and accountable as we move towards the Fourth Industrial Revolution. Our Chief Executive HE Khalid Al Rumaihi explores this further.

Meet our new Team Bahrain partners

From technology to F&B concepts, meet some of the new names making their entry to Bahrain – helping build on the strong momentum we’ve experienced in the first quarter of 2019.

What business can learn from F1’s successful formula

In 1960, the Formula One World Championship was ten years old. The drivers included a few veteran racers and plenty of youngsters yet to make their names. The cars were beautiful but primitive, their pilots fearless, the dangers enormous. When, that season, the organisers of Formula One decided to give the point for fastest lap … Continued

GCC-driven innovation is vital to embrace the Fourth Industrial Revolution

The World Economic Forum’s Manama Meeting in November on “the Arab World in the Fourth Industrial Revolution (4IR)” brought together regional leaders – business executives, government officials, venture capitalists and more – in Bahrain to explore economic forces that can both help and hinder GCC-based enterprises in realising the full potential of evolving markets. Not … Continued

Team Bahrain welcomes 92 global leaders in 2018

The year 2018 marked a special year for us here at the Bahrain Economic Development Board (EDB), one in which we’ve realised record-breaking job creation and direct investment figures. We attracted over USD 830 million in direct investment with 4,772 jobs being added to our economy over the next three years. We have our Team … Continued

Bahrain Surges as Top Business Destination Across Sectors

Corporate executives have never had more attractive options for where to focus their operations and investments throughout the world. But objective assessments of key differentiators – from rental rates for commercial spaces, to workforce salaries, to childhood education – allow business leaders to make informed, data-driven decisions about where to establish operations. For the GCC … Continued

Innovation Flows to Bahrain Through the Digital Silk Road

Team Bahrain’s recent trip to China – touring commerce and innovation hubs including Shenzhen, Hangzhou, and Shijiazhuang – only served to deepen my conviction that our partnership has only just begun to fulfil its enormous potential. As China continues to build the Digital Silk Road and support the development of technology leaders, Bahrain represents a natural partner that can nurture the ingenuity of these visionaries and serve as a gateway to a region of 50 million people with a combined spending power of $1.5 trillion.

Record year sees 13.2% increase in investment

Bahrain has long been known as a regional pioneer in building and sustaining a robust and future-ready economy. It was the first GCC country to diversify away from oil, granting the private sector a vital role in the Kingdom’s economic growth. These developments build on a firmly established business ecosystem in Bahrain. Bahrain is due to implement four new laws to build on its firmly established business ecosystem. 

Businesses Benefit from Low Costs and Collaboration in Bahrain

Western business leaders have a common saying, “You have to spend money to make money.” Fortunately for any entrepreneur who chooses to establish a business in Bahrain, investments within this market drive significantly more value than in other countries throughout the GCC and the world. The low cost of business trickles down to the bottom … Continued

Setting the Scene for Sustainable, Productive Growth

The United Nations has been quite clear that in order to ensure a prosperous future for all, we, as a collective of nations, must remain committed to fulfilling its Sustainable Development Goals (SDGs) by 2030 – a global aspiration that aligns in many ways with the Kingdom’s Vision 2030. As I reflect on the Bahrain Economic Development Board’s (EDB) recent recognition as a recipient of the UN’s Investment Promotion Award, I am both humbled by the ambitious efforts of our team and hopeful about the promising path we have laid out for Bahrain’s dynamic economy.