The Middle East region is undergoing a significant economic and social transformation, with many countries striving to diversify their economies and transition towards a green and sustainable future. In the 2024-25 Budget, various measures are outlined to strengthen economic and trade relations with the Middle East, including an Investment Promotion and Protection Agreement negotiation plan with Bahrain.
As the first country to diversify its economy away from energy dependence, Bahrain is well-positioned to capitalize on its human capital, expertise, and investor-friendly outlook. The country’s financial sector is the largest contributor of total GDP, followed by manufacturing. The Global Financial Centres Index recognized Bahrain as one of the emerging international contenders, with a focus to develop industries such as tourisms, logistics, financial services and ICT.
To tap in the emerging market in the Gulf Area, join our webinar on 7 May co-organized with the Bahrain Chamber of Commerce & Industry, to explore vast business opportunities and growing potential of this strategic hub. Hear from representatives of the Bahrain Development Board and Tamkeen, to discuss about the country’s development and supporting initiatives. |