Foreign investment incentives in Bahrain highlighted

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Bahrain’s Economic Development Board (EDB) hosted a reception for Israeli businessmen and investors, on the sidelines of the visit of the kingdom’s delegation to the State of Israel.

During the reception, the Minister of Industry, Commerce and Tourism, Zayed bin Rashid Al Zayani, stressed the importance of cooperation between the two countries, highlighting Bahrain’s keenness to attract foreign investments, especially from Israeli investors, in order to benefit from their diverse experiences in various sectors, and build a broad economic partnership during the coming period.

The minister indicated that the Kingdom of Bahrain has demonstrated its ability to provide great facilities to all businessmen and investors, in light of its wide-ranging economic opportunities and strategic location in the heart of the Arabian Gulf, and in a large market that encourages investment, calling on the Bahraini and Israeli private sectors to take advantage of these opportunities.

EDB Chief Executive Officer, Khalid Humaidan, gave a detailed presentation on the investment incentives in the Kingdom of Bahrain, reviewing a number of important indicators. He also highlighted the investment assets enjoyed by the Kingdom, which are the elements and factors that have prompted many mega companies to invest in the Kingdom, and to make it the headquarters of their international and regional operations.

Humaidan affirmed that the Kingdom of Bahrain looks forward to more foreign investments in various fields and sectors, pointing to the great opportunities for investors in Bahrain and Israel to build economic partnerships and benefit from their experiences in a way that positively benefits the two active economies in the region.

SOURCE: BIZBAHRAIN

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