May 13, 2014
Manama: An official delegation from the US Department of Commerce visited the Economic Development Board (EDB) headquarters today. The members met with EDB officials to discuss bilateral cooperation efforts between the two countries.
The delegation were briefed on Bahrain’s investment environment, as well as the competitive features of its diversified economy and the Kingdom’s economic freedom, as well as explaining the Kingdom’s policy in flexibly addressing economic changes. The meeting also highlighted Bahrain’s achievements, which are manifested in its positive international rankings and the opportunities it offers. These have helped attract renowned companies and international investors to Bahrain.
These factors, as well as the Kingdom’s national, bilingual and skilled workforce, relative low living costs and high human development rates makes it the natural gateway for investors looking to access the $1.5 trillion worth GCC market.
The meeting held between the delegation members and EDB officials also showcased various success stories of entrepreneurs in the Kingdom through a presentation given by Tenmou Chief Executive Officer Mr. Hasan Haider, who shed the light on the company’s experience in supporting and guiding entrepreneurs, which is the first of its kind in Bahrain.
Present at the meeting were Ms. Vivian Jamal, Executive Director of Business Development at the EDB; Mr. Don S. De Amicis, General Counsel and Vice President of Overseas Private Investment Corporation; Mr. Justin Antonipillai, Deputy General Counsel of US Department of Commerce and Mr. Hasan Haider, Chief Exectuive Officer of Tenmou.
For Further information please contact:
Bahrain Economic Development Board
Tel: +973 17589966