Bahrain 2018 AR

Team
Bahrain

Annual Report 2018

What’s central to
Bahrain’s success this year?

How working together is delivering results

Section 01

At a Glance

Breaking records

US $830m

new direct investment

92

new & expanding companies

4,772

new jobs created

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Sector contribution to Direct Investment (DI)

  • Tourism, Real Estate, Education, HealthcareUS$ 526,355,372
  • Financial servicesUS$ 64,412,201
  • Manufacturing, Transport and LogisticsUS$ 200,325,654
  • ICTUS$ 39,010,786
Section 02

Highlights

Key new initiatives

1 Electronic Communications and Transactions Law

Electronic Transferable Records Law

US $100m

Al Waha Fund of Funds

Law on the Provision of Cloud Computing Services to Foreign Parties

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Key events

19-21 February

6-11 March

30 September-8 October

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Key global rankings

1st

Globally for expat satisfaction
2017 & 2018 (InterNations)

1st

Conway Best to Invest MENA
Award

1st

in MENA Human Capital Index
(The World Bank)

1st

in MENA ICT Readiness
Index (ITU)

2nd

in Global Islamic Finance Development
Index (Thompson Reuters)

2nd

in Global Connectedness
Index (DHL)

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Section 03

About team Bahrain

Bahrain’s government comes together to solve problems and create a coordinated, supportive environment where business can thrive, well delivering record investment for the Kingdom. As you will discover, Team Bahrain means understanding that people come first.

It’s a total philosophy comprising three key areas:

We bring together the right experts, influencers and decision-makers in a coordinated approach across the public and private spheres.

Section 04

2018 Sector Focus

Section 05

Our focus for 2019

Industry 4.0 is fast bringing together traditional manufacturing and industrial practices with digital technology including large-scale machine-to-machine communication, IoT (Internet of Things), cloud technology, human-machine interfaces, AI and even virtual and augmented reality.

Bahrain is hosting the International Conference on Fourth Revolution in February 2019 to explore GCC countries’ challenges in moving to i4.0 and bring together leaders in the field to discuss trends and opportunities in the region.

Major trends - global and regional

$183bn

global cybersecurity market
by 2020
(Morgan Stanley)

86%
of manufacturers

expect cost reductions & revenue
gains in next years
(Forbes quoting PWC global survey)

$10.3bn

GCC automation market
by 2023
(Messe Frankfurt)

$3.7tr

global IoT market by 2020
(Gartner)

$95bn

annual contribution to GDP by 2025
unified Middle East digital market
(Gartner)

$17.3bn

regional cost saving through i4.0
(PWC)

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]
Section 06

Contact Us

We’re open Sunday to Thursday, 8am to 4pm (GMT+3)

We have representatives around the globe to answer questions about investment. They’re available in China, France, Germany, Hong Kong, India, Italy, Japan, Korea, Saudi Arabia, Turkey, United Arab Emirates, United Kingdom and the United States of America.

To learn more about the Kingdom of Bahrain, visitwww.bahrainedb.com

Bahrain Economic Development Board 3rd Floor, Arcapita, P.O. Box 11299, Bahrain Bay, Kingdom of Bahrain