Bahrain has been ranked as the most cost-competitive location to operate a financial services firm with a tech hub within the Gulf Cooperation Council (GCC) countries, with a 48% cost advantage, in the ‘Cost of Doing Business in the GCC’ financial services sector report published by Ernst & Young LLP’s United States office. In view […]
The Bahrain Economic Development Board (Bahrain EDB) today reported it has attracted over USD 250 million in investment from United Kingdom-based companies in the past three years (2022-2024) spanning across key sectors including financial services, ICT, education and tourism. This milestone achievement underscores Bahrain’s growing appeal as a strategic investment destination and highlights the strengthening economic ties between […]
Gamezop, one of the world’s leading gamification platforms, has announced its plans for strategic expansion across the Middle East following the successful establishment of its wholly-owned subsidiary in Bahrain, which was supported by the Bahrain Economic Development Board (Bahrain EDB). The India-headquartered company plans to invest USD 4 million to accelerate operations, hire local talent, […]
H.E. Noor bint Ali Alkhulaif successfully Co-Chaired WEF’s Annual Meeting of the New Champions in China alongside 10 global leaders from government and the private sector across the world H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of the Bahrain Economic Development Board (Bahrain EDB), reiterated the critical importance of diversification, regulatory […]
H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (Bahrain EDB), kicked off participation at the upcoming World Economic Forum’s (WEF) Annual Meeting of the New Champions 2025 as Co-Chair. This year’s ‘Summer Davos’ forum, taking place from 24 to 26 June in Tianjin, People’s Republic […]
A high-level delegation from the Kingdom of Bahrain, led by His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty the King’s Representative for Humanitarian Work and Youth Affairs, has concluded a highly successful participation at the St. Petersburg International Economic Forum (SPIEF) 2025, reaffirming the Kingdom’s commitment to strengthening ties with the Russian Federation. […]
The Bahrain Authority for Culture and Antiquities (BACA) and the Bahrain Tourism and Exhibitions Authority (BTEA), in collaboration with the globally renowned Hermitage Museum, hosted “From Bahrain’s Heritage: The Art of Sword and Dagger Making” exhibition and “Pearls of the Gulf” reception on the sidelines of the St. Petersburg International Economic Forum (SPIEF) 2025. The […]
The Kingdom of Bahrain inaugurated its pavilion at the St. Petersburg International Economic Forum (SPIEF) 2025, marking a pivotal milestone in strengthening diplomatic and economic ties between Bahrain and Russia. The opening ceremony was attended by distinguished officials, including H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce; H.E. Olga Lyubimova, the Russian Minister […]
A delegation from the Bahrain Economic Development Board (EDB), led by H.E. Iain Lindsay OB OBE, Advisor to the Board, and Mr. Mohammed Al Alawi, Chief of Marketing and Communications, concluded a successful visit to Japan, aimed at deepening economic ties and introducing Japanese companies to Bahrain’s competitive investment offering. The visit commenced in Tokyo, […]