Bahrain’s high-level delegation has sucessfully concluded its participation at the World Economic Forum (WEF) 2023 annual meeting titled “Cooperation in a Fragmented World,” held at Davos from the 16th until the 20th of January. During its participation, the delegation, led by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, promoted Bahrain’s unique investment opportunities, […]
Bahrain enjoys a cost advantage of up to 27% in terms of annual operating costs for financial services institutions when compared to its GCC peers, according to KPMG’s “Cost of Doing Business in the GCC” report. The 2022 report measures the direct and indirect annual costs associated with operating a financial services institution in selected […]
A high-level Bahraini delegation will arrive to the Swiss city Davos tomorrow to participate in the annual World Economic Forum titled “Cooperation in a Fragmented World,” which will be held from the 16th until the 20th of January. The delegation, led by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, will shed light on […]
Citi Bahrain has celebrated the first anniversary of its Global Technology Hub, which is on track to employ 1000 Bahraini coders over ten years. Currently, the hub comprises of 110 Bahraini employees, out of which 91 Bahrainis have started at the Citi Seef premises, with 19 additional hires set to join soon. Female participants at […]
In 2022, the Bahrain Economic Development Board (EDB) the Kingdom’s investment promotion agency, supported by Team Bahrain, attracted over USD1.1 billion of direct investment, a record year for the Kingdom’s investment promotion agency. The EDB exceeded the USD1 billion target set by its Board of Directors at the beginning of the year. The investments are […]
Growth Velocity Academy’s Bootcamps will offer Bahrainis invaluable skills and hands-on training to meet the rising demand for digital marketing. Supported by the Bahrain Economic Development Board (Bahrain EDB), leading digital marketing academy, Growth Velocity Academy announced moving its headquarters to the Kingdom of Bahrain to accelerate growth and tap into the MENA region’s growing […]
The Bahrain Economic Development Board (Bahrain EDB), supported by Team Bahrain, has attracted USD291 million (BHD110 million) in direct investments in the tourism sector during the first three quarters of 2022. Tourism investments are coming through eight companies expanding or entering Bahrain for the first time and are expected to generate over 1090 jobs over […]
14,000 sqm facility expands capabilities in key market DSV, the world’s third-largest freight forwarder and leading global logistics provider opened a 14,000 square metre logistics facility in Bahrain Logistics Zone in Hidd to expand its warehousing capabilities in the area. The new facility supports contract logistics with ambient, chilled and frozen storage, as well as […]
G4S, the world’s leading integrated security company, specialising in the provision of security services and solutions to customers and active in 85 markets, will be expanding its Bahrain operation with an investment more than US $3 million and it will create 160 jobs in Bahrain within three years, with the support of the Bahrain Economic […]
