Bahrain Earns Above Average Global Scores Cementing its Innovative Talent on WEF’s Future of Growth Report 2024

Bahrain has achieved impressive results on the first edition of the World Economic Forum’s (WEF) Future of Growth Report 2024, performing exceptionally well across several indices, placing higher than the global average scores for talent availability (above 66) and for digital and technology talent (above 67) under the talent ecosystem category. The report aims to […]

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H.E. Noor bint Ali Alkhulaif Joins Bahrain EDB as Chief Executive

The Minister of Sustainable Development of Bahrain, H.E. Noor bint Ali Alkhulaif has joined Bahrain Economic Development Board (Bahrain EDB) as Chief Executive. The strategic appointment echoes the commitment of Bahrain in aligning its economic growth and diversification journey with its long-term vision for sustainable development. As Minister of Sustainable Development and in her newly […]

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Bahrain Attracts a Record USD 1.7 Billion in Investments for 2023 Boosting Job Creation and Sustainable Economic Growth

A thriving business friendly and favourable tax environment, progressive legislation, and a highly skilled diverse talent pool cement Bahrain’s attractiveness as a leading destination for investment. Bahrain Economic Development Board (Bahrain EDB), supported by Team Bahrain, has achieved a remarkable milestone securing a record level of investments upwards of USD 1.7 billion in 2023, marking […]

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Bahrain Ranks 1st Globally for Islamic Finance Regulations

Bahrain secured a ranking 1st globally in Islamic Finance Regulations in this year’s edition of the ICD-LSEG Islamic Finance Development Report, cementing the island nation’s standing as a leading pioneer in Islamic financial regulation on an international level. Assessing the global industry’s performance during 2022, the report demonstrated the transformation of the Islamic finance industry […]

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A Delegation from Bahrain Heads to Davos for WEF 2024

Manama, Bahrain – 15 January 2024: A delegation from Bahrain, led by H.E. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, is set to join world leaders that will be gathering at the World Economic Forum (WEF) Annual Meeting 2024 at Davos from January 15 to January 19, 2024. Convening under […]

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Conexus Resources Group Expands Global Portfolio with its Inaugural USD 100 Million Aluminium Plant in Bahrain

Conexus Resources Group, the UK-headquartered pioneer of innovative solutions in the metals and agricultural commodities sectors operating in 15 countries across the world including Switzerland and Singapore, announced today the inauguration of its flagship aluminium rod plant in Bahrain, Konexus Aluminium. The new facility affirms Bahrain’s standing as a leading destination for manufacturing and export […]

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According to an Economic Impact Study Published by IDC Cloud Spending Projected to Contribute USD 1.2 Billion to Bahrain’s GDP by 2026

Based on a recently published Economic Impact Study by the International Data Corporation (IDC), cloud spending in Bahrain is projected to contribute over USD 1.2 billion to the Kingdom’s GDP by the year 2026 (an equivalent to approximately 2.3% of GDP). This is expected to generate an economic return of USD 6.7 for every dollar […]

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US Cybersecurity Company Resecurity Opens Office and Technology Hub in Bahrain

Resecurity Inc. (USA), a Los Angeles-based cybersecurity and intelligence company serving Fortune 500 clients globally, recently announced the opening of its latest office in Manama, Bahrain, supported by the Bahrain Economic Development Board (Bahrain EDB). Marking the expansion of its global footprint with offices that include Rome, Seoul, Singapore, and Bangkok, as well as countries […]

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A High-Level Bahrain Delegation Wraps Up a Successful Visit to China

Manama, Bahrain 28, October 2023. A high-level Bahrain delegation headed by H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce and Acting Minister of Tourism, successfully concluded its official visit to China, which kicked off as of October 21 spanning across the three cities of Guangzhou, Shenzhen, and Beijing. Organised by the Ministry of […]

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