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  • 25-02-14

    Bahrain's FDI exceeds USD114m in 2013

    (MENAFN) Foreign direct investment (FDI) in Bahrain was estimated at USD114 million in 2013, or 12 percent higher than in 2012, according to Gulf Daily News. The kingdom welcomed 35 international companies, which were able to set up operations in the kingdom last year as a result of direct outreach activities. The Economic Development Board (EDB) will help in creating 800 jobs in Bahrain, after carrying out the activities, in several sectors such as financial and professional services, logistics, manufacturing, healthcare and ICT. EDB business development executive director Vivian Jamal said: "We are delighted so many international businesses have chosen to locate their Middle East operations in Bahrain where they will enjoy competitive taxation, clear regulation, the most highly skilled workforce in the region and unrivalled access to the fast growing $1.5 trillion Gulf market."

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