February 15, 2017 The Bahrain Authority for Culture and Antiquities and the Economic Development Board held a press conference today (Wednesday, February 15, 2017) to officially launch the 12th edition of the Spring of Culture. A number of private sector organizations and foreign embassies are supporting and participating in this annual event, which will [...]
July 09, 2014 Manama: The Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector arm of the Islamic Development Bank (IDB), signed a Memorandum of Understanding (MOU) today to promote SME growth in Bahrain by providing support, Sharia compliant products, and training. Under [...]
January 17, 2016 To download press release, click here. Manama: Bahrain’s non-oil growth in Q3 2015 reached 3.3% according to the latest Bahrain Economic Quarterly (BEQ) issued by the Economic Development Board (EDB), with growth in the first three quarters as a whole reaching 4.2% in the non-oil sector. Overall growth in [...]
March 01, 2014 Manama, Kingdom of Bahrain: Growing demand for more sophisticated financial products and services helped drive growth in Bahrain’s financial sector during 2013, according to the Economic Development Board (EDB) and Central Bank of Bahrain (CBB), with the trend expected to continue into 2014. Bahrain attracted a number of businesses, [...]
July 20, 2016 led by oil sector YOY growth of 12.1% - Non-oil sector displays continuity Bahrain experienced a pronounced pick-up in its headline growth during the first quarter of the year. Growth reached 4.5%, its highest level since 2014, led by the 12.1% year-on-year growth in the oil sector, according to the [...]
July 05, 2015 A high profile Bahrain business delegation, led by Mr. Khalid Al Rumaihi, Chief Executive of the Economic Development Board (EDB), visited Germany in May 2015 to participate in the prestigious Transport Logistic event held in Munich, as part of Bahrain’s efforts to present the Kingdom’s key competitive advantages to international investors, [...]
June 29, 2014 Manama: The Economic Development Board (EDB) today released the latest Economic Quarterly report, which forecasts significant non-oil sector growth for 2014, aided by growing demand in the private sector. While real GDP growth reached 5.3% last year, the rate of growth of the non-oil economy is expected to accelerate from 3.0% [...]
March 26, 2014 Manama: A decision to appoint the members of the Economic Development Board (EDB) has been issued by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, First Deputy Prime Minister and Chairman of the EDB, which includes key personalities from the public and private sectors. The EDB [...]
July 29, 2013 Labour Ministry yesterday signed two agreements with two training institutes to train and rehabilitate 200 graduate job seekers to include them in the private sector enterprises. The deal was signed by Ministry of Labour Undersecretary Sabah Al Dossary with B-Tech Institute for Computer Education and Berlitz Institute. As per the [...]
October 29, 2015 According to the Q2 Bahrain Economic Quarterly (BEQ) issued by the Economic Development Board (EDB), Bahrain’s non-oil sector which constitutes more than 80% of Bahrain’s GDP reaching 5.0% grew noticeably above projections in the first quarter of 2015. The report also highlighted broad-based real GDP growth of 2.9% on an [...]
