Welcome to the Bahrain Economic Development Board

The Chief Executive of the Economic Development Board (EDB), Khalid Humaidan, today met with members of the seventh intake of the Prime Minister’s Fellowship Program. During the meeting, Humaidan highlighted the EDB’s mandate including its efforts to attracting direct investments…

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FranklinCovey, a leading training and coaching solutions provider serving more than 140 countries with thousands of clients, including 90% of Fortune 100 companies, launches its first FranklinCovey Education Middle East headquarters in Bahrain to oversee its offices in the region…

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The Labour Fund “Tamkeen” announced its support for GIG Gulf, previously known as AXA Gulf Insurance, towards the recruitment of around 120 Bahrainis. This is in line with Tamkeen’s mandate of empowering individuals to become the employee of choice locally…

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Bahrain ranked 1st globally in multiple subindices within Metas’ (Facebook) Inclusive Internet Index conducted by Economist Impact, including national female e-inclusion policies, female digital skills training & STEM education, open data policies, and privacy regulations. The Inclusive Internet Index 2022…

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Spire, the premier Open Banking provider in the GCC is set to expand its operations in Bahrain and the MENA region through a 15 million BD investment plan, with support from the Bahrain Economic Development Board (EDB). This expansion will…

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With support from the Bahrain Economic Development Board (EDB), Al Bayrooni Dialysis, Bahrain’s first stand-alone dialysis centre for treating kidney diseases and conditions, has launched in Bahrain with a US $1.4M+ facility. The centre includes a full-spectrum of high-quality kidney…

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Bahrain’s Foreign Direct Investment (FDI) inflows increased by US$1.766 billion in 2021, marking a 73% year-on-year increase and surpassing the global FDI average growth, according to the 2022 World Investment Report issued by the United Nations Conference of Trade and…

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Bahrain ranks first amongst Arab countries and second in MENA in Ground and Port Infrastructure, according to the World Economic Forum’s 2021 Travel and Tourism Development Index. The report also highlighted strong placements for Kingdom, including ranking 12th globally in…

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Investment expected to create 150 jobs and generate over US$31 million in revenue in first year of operation KKC Industries WLL (iCOOL), a Chinese manufacturer of heating, ventilation and air conditioning (HVAC) products has launched a US$10.7 million manufacturing facility…

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The Kingdom of Bahrain ranked second in MENA and third globally in Islamic finance, one of the key areas in the 2022 State of the Global Islamic Economy Indicator by DinarStandard, a growth strategy research and advisory firm empowering organizations…

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The Central Bank of Bahrain (“CBB”) has conducted a comprehensive review of its Collective Investment Undertakings (“CIU”) regulations governing the mutual funds industry as part of the CBB’s wider strategy to conduct a comprehensive review to the whole financial sector…

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Arla Foods’s yearly production has increased from 20,000 tonnes to 80,000, producing Puck and Kraft processed cheese and sterilised cream products This content was published on Construction Week. Arla Foods, European dairy cooperative, completed its $63mn production site expansion in…

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This is a result of a joint initiative between talabat, Ministry of Labor and Social Development, Tamkeen and the Bahrain Economic Development Board The center will generate 1,000 employment opportunities for Bahrainis over two years with the support of tamkeen.…

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Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announces that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). This landmark achievement for Binance represents its first license as a crypto-asset…

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The Kingdom of Bahrain ranked 15th overall among the world’s most competitive emerging markets and fifth in the area of business fundamentals, according to the 2022 Agility Emerging Markets Logistics Index. The Index ranks 50 countries by factors that make…

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According to the 2022 Index of Economic Freedom published by the Heritage Foundation, Bahrain ranked first in MENA for financial, investment, and trade freedom. Amongst MENA countries, Bahrain ranked 4th for overall economic freedom. According to the report, Bahrain’s “overall…

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GCC-based fintech, launches in Bahrain to expand its regional operational hubs in the MENA region. Enables 80% of the region’s consumer payments through highly adopted country specific local payment networks with a unified relationship, technology and clearing process. Resolves the…

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Bahrain real estate transactions reach US$2.8 billion compared to some US$1.9 billion in 2020 Bahrain’s real estate transactions value rose by 46% in 2021, to US$2.8 billion (1,046,162,080 BHD), compared to US$1.9 billion (717,436,872 BHD) in 2020, according to figures…

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