FINANCIAL NEWS

Bahrain’s ATO to invest USD500 million

09 Oct 2013

(MENAFN) The chairman of the Bahraini Arab Tourism Organization (ATO), an affiliate of the Arab League, said that the organization will invest USD500 million in the region, according to Gulf Daily News.

The organization has signed a partnership agreement with one of the local banks that aimed to support tourism projects and investments in the Kingdom.

A meeting between the organization and the bank focused on their plans of improving the local communities and tourism projects, in addition to reducing poverty and unemployment.

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