Bahrain cemented new rankings on the Logistics Performance Index 2023 published by World Bank as the ‘Most Improving Country in the GCC’, ranking 2nd in the Arab World, and 34th globally, climbing 25 positions since 2018. Owing to the milestone projects and initiatives delivered within the logistics sector across the past year, the Kingdom advanced […]
The Bahrain Economic Development Board (Bahrain EDB) announced that Singapore-based Whampoa Group has selected Bahrain to be the headquarters of its new digital bank. With an intended launch date of end of 2023, the digital bank aims to provide secure and integrated financial solutions to serve institutions, innovators, and sophisticated investors globally, including digital banking […]
Bahrain Economic Development Board (Bahrain EDB), recently collaborated with KPMG to host a seminar titled “Interpreting Convertible Notes”, which discussed the use of the financial instrument in financing startups and new business ventures in the Kingdom of Bahrain. The seminar provided key insights on addressing common challenges facing business owners and entrepreneurs, in the likes of […]
For the second year in a row, the Kingdom of Bahrain ranked first in the Middle East and North Africa (MENA) for financial, investment, and trade freedom on the 2023 Index of Economic Freedom, published by the Heritage Foundation. With an economic freedom score of 62.5 (out of 100), an improvement of 0.5 from last […]
H.E. Khalid Humaidan, Chief Executive of Bahrain Economic Development Board (Bahrain EDB), received H.E. Eng. Khalid Abdulaziz Al-Falih, Saudi Arabia’s Minister of Investment, for a meeting during the Minister’s official visit to Bahrain. The visit comes in line with the ongoing efforts to maintain cooperative and collaborative economic ties between the two Kingdoms. During the […]
A high-level delegation from Bahrain, led by H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, and supported by H.E. Noor bint Ali Al Khulaif, Minister of Sustainable Development, concluded its visit to Japan and South Korea. The visit, which took place between May 5 and May 12, was organized by the Ministry of […]
The Economic Development Board (Bahrain EDB), is set to host the second of its Quarterly Business Law Forum for 2023. The forum will take place on the 11th May 2023, at Ritz-Carlton Bahrain. With these forums, the Bahrain EDB aims to establish a platform to facilitate a space for stakeholders and experts to regularly discuss […]
A high-level delegation from Bahrain, led by the Minister of Industry and Commerce, H.E. Abdulla bin Adel Fakhro supported by H.E. Noor bint Ali Al Khulaif, Minister of Sustainable Development, is heading for a weeklong visit to Japan and South Korea scheduled from May 5 to May 12, 2023. Organised by the Ministry of Industry […]
Howden, the international insurance broker, announces today that it has received a regulatory license from the Central Bank of Bahrain to establish operations in the Kingdom of Bahrain. This represents a significant step in Howden’s strategic growth ambitions for the Gulf region. The establishment of Howden Bahrain adds another key territory to Howden’s footprint in […]
