Search Site

Trends banner

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Bahrain launches investment platform allowing access to strategic projects

The GDP of Bahrain grew by 2.09 percent in real terms and by 10.19 percent at current prices in the third quarter of 2021. AFP
  • Bahrain's Economic Recovery Plan has seen the announcement of strategic projects worth more than $30 billion.
  • Investable projects include Bilaj Al Jazayer Tourist City, Bahrain Metro, USA Trade Zone, Aluminium downstream zone and Sports City.

The Economic Development Board (EDB), Bahrain’s investment promotion agency, on Tuesday announced the launch of the investment platform (invest.bh) that allows investors to access investment opportunities in the kingdom’s strategic projects.

The launch is part of Bahrain’s Economic Recovery Plan which saw the announcement of strategic projects worth more than $30 billion.

The platform enables investors to explore current investable and future planned projects in the kingdom across a wide range of sectors including industrial, infrastructure, tourism and housing projects, EDB said in a statement.

Investable projects include Bilaj Al Jazayer Tourist City, Bahrain Metro, USA Trade Zone, Aluminium downstream zone and Sports City.

Future planned projects are the new planned cities of Fasht Al Jarim Area, Suhailia Island Area, Fasht Al Adhm Area, Gulf of Bahrain Gulf of Bahrain Area, and Hawar Islands Area, the statement added.

Khalid Humaidan, Chief Executive Director of the Bahrain Economic Development Board, said, “This new investment platform is a critical component in implementing the Economic Recovery Plan. With the recent announcement of the strategic projects, ensuring investors have access to current investment opportunities, as well as future planned projects gives them direct access to strategic investment opportunities and offers us a platform to engage directly with prospective partners.”