March 01, 2015
Manama, Economic Development Board, 1st March: Over 700 delegates are expected to attend the Global Islamic Investment Gateway (GIIG) which is set to open on Monday in Bahrain. The forum is being organised by the Economic Development Board (EDB), Thomson Reuters, and the Jeddah-based Islamic Development Bank (IDB)
The conference is being held at the Gulf Hotel between the 2nd -3rd of March, and is set to bring together some of the largest investors in the region to examine potential opportunities within the Organisation of Islamic Cooperation (OIC) markets – a group of economies that is expected to see annual growth at an average rate of 5.4% over the next five years, significantly higher than the global average.
Around 50 c-suite level speakers are confirmed for main sessions and panels over the two days.
The event will unveil a new online tracker which will connect investment capital from the GCC with the fast-expanding markets in OIC countries across the world. The new Investment Monitor has already been the catalyst for creating a pipeline of around 100 potential new deals.
As part of its efforts to attract investment to the Kingdom of Bahrain, the EDB makes use of similar events as a platform to interact and engage with the global audience and decision makers to introduce the Kingdom’s competitive advantages to potential investors in key markets. Bahrain has an established track-record in the Financial Services sector and is considered a leader in Islamic Finance in the region, making it the ideal location to host the conference, and other similar events. Most recently, the Kingdom hosted the 11th Annual Middle East Insurance Forum (MEIF) and the 4th Annual GCC Financial Forum, highlighting Bahrain’s commitment to developing the sector.