21 Feb 2017
(MENAFN) Following efforts by the Bahrain Economic Development Board (EDB), 40 new companies invested a total of USD5281m in Bahrain during 2016, and they were expected to generate a total of 1,647 job opportunities over the next three years.
In detail, the companies represent regional and international organizations, including companies from India, China, US and Germany, while 17 companies specialized in manufacturing and logistics, 7 in financial services, 7 in leisure and tourism and 9 others.
Khalid Al Rumaihi, Chief Executive of the EDB, said: “We are proud of what has been achieved during 2016. Our success in doubling the investments during last year comes as a result of unifying our efforts with various government bodies to ensure Bahrain is truly business friendly.”
And he added: “today, investors in Bahrain enjoy an attractive business environment that offers cost-effective operations, advanced physical and soft infrastructure, as well as the abundance of an experienced bilingual workforce.”
MENAFN2102201700450000ID1095261391
MENAFN2102201700450000ID1095261391
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more