The NCC organised a round table meeting between the EDB CEO and the media delegation accompanying the Israeli MOFA. He talked about the role of EDB and available investment opportunities.
Mr. Khalid Ibrahim Humaidan, CEO of the Economic Development Board, stressed the importance of global investments and their role in boosting the national economy, a goal that the EDB is working to achieve by promoting the Kingdom of Bahrain in major markets with the aim of attracting investments which contributes to job creation.
He said that the Kingdom of Bahrain has proven its ability to provide great facilities to all businessmen and investors, due to the qualitative economic opportunities it offers thanks to its strategic location in the heart of the Arabian Gulf, and within a large market.
This came during a round table meeting organised by the National Communication Centre (NCC), in which Mr. Humaidan, briefed with the visiting media delegation accompanying Mr. Yair Lapid, Minister of Foreign Affairs of the State of Israel, on the role of the EDB and the opportunities available to Israeli investors in Bahrain.
At the beginning of the meeting, Mr. Humaidan welcomed the media delegation and stressed EDB’s aspiration to strengthen joint cooperation with Israel, noting Bahrain's keenness to attract global investments, and build a broad economic partnership during the coming period.
The CEO gave a comprehensive overview of the strategic plans implemented by the EDB to achieve qualitative results in promoting the business environment in the Kingdom and attracting direct investments, in line with Bahrain's Economic Vision 2030.
He also highlighted the investment advantages in the Kingdom of Bahrain, and a number of important indicators and components enjoyed by the Kingdom, which prompted many major companies to invest in it, and to take it as an international and regional headquarters for its operations.
He stated that the EDB provides the necessary support to investors interested in investing in the Kingdom by providing information that contributes to developing feasibility studies, as well as coordinating with government agencies during the registration stage to guide and support investors and facilitate their entry into the Bahraini market, in addition to providing care and follow-up services by providing continuous support to its clients on the long-term, in a way that ensures enhancing their chances of success and encouraging them to expand their projects.
Regarding the available investment opportunities, the CEO of the Economic Development Board stated that stability in Bahrain created a fertile ground for investment, which guarantees expansion and growth. He went on to mention the most promising sectors in Bahrain, which are: digital banking, financial technology, e-commerce, cloud computing and others.