Bahrain Economic Development Board
Your Partner for Success
Bahrain Economic Development Board
The Bahrain Economic Development Board is a dynamic public agency with overall responsibility for formulating and overseeing the economic development strategy of Bahrain and for creating the right climate to attract direct investment into the Kingdom.
Bahrain Financial Services Development
Bahrain Financial Services Development is a department of the Economic Development Board that is uniquely dedicated to the needs of the financial services industry. Our role is toincrease the international profile of Bahrain as a leading financial and business destination and to provide a single point of contact for international financial services firms looking to build a base in the Kingdom.
Bahrain is the financial capital of the Middle East , and has been for more than 30 years. Playing the long game whilst moving with the times, staying a step ahead of the competition and adopting a pioneering spirit – without compromising integrity – is what has assured our business success.
Bahrain has a clear commitment to creating the optimum climate for business, and has developed a strong legal framework - establishing an unrivalled regional reputation for transparency and clarity. It is these consistent high standards and strong governance that have seen the kingdom enhance its regional dominance in insurance and re-insurance in recent years, across both conventional and Islamic sectors.
With no corporate, income or wealth taxes and a low cost, highly-skilled and flexible workforce – one uniquely geared to the financial sector across conventional and Islamic markets – Bahrain ’s attractions for the financial services industry are clear.
It is why the Heritage Foundation and Wall Street Journal have ranked us as the freest economy in the Arab World for 14 years running – and in the top 20 globally, ahead of Germany , France , and Sweden - and why we picked up the FT’s FDi Magazine Award for Middle East City of the Future 2006-2007.
Bahrain Financial Services Development is part of Bahrain ’s commitment to providing not just the warmest of welcomes, but also the strongest of platforms on which successful businesses can be built.
To find out more about what Bahrain Financial Services Development can do for your business, contact:
Jane Dellar,
Managing Director, Bahrain Financial Services Development
Tel: +973 1758-9907
Email: jane.dellar@bahrainfs.com
Web: www.bahrainfs.com