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Press background on Bahrain Economic Development Board (EDB)
Company profile
The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. The EDB works with the government and both current and prospective investors to ensure that Bahrain’s investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment. The EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages. These sectors include financial services, manufacturing, ICT, tourism, logistics and transport. For more information on the Bahrain EDB visit www.bahrainedb.com; for information about Bahrain visit www.bahrain.com.
 Recent press releases
India & Bahrain Set for Health Trade Boom Amid Growing Demand

India & Bahrain are set for a boom in health trade amid a GCC-wide increase in demand for pharmaceuticals and medical devices.
 
Speaking at a webinar highlighting opportunities between the two countries, India Ambassador to The Kingdom of Bahrain Piyush Srivastava ... (more)
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Seven Indian Companies Enter Bahrain's ICT Space in 2019

The Bahrain Economic Development Board (EDB) - the investment promotion agency for the Kingdom of Bahrain - has announced that over the course of 2019, seven Indian firms entered Bahrain’s ICT space, bringing a total investment of $3.1 million. The seven companies range... (more)
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Bahrain and Karnataka Sign Memorandum of Understanding Promoting Cooperation in Fintech, AI, IoT and Cyber-Security

The Bahrain Economic Development Board (EDB) – the Kingdom’s investment promotion agency – and the Department of Information Technology; Biotechnology; and Science & Technology, Government of Karnataka, have signed a Memorandum of Understanding (MoU) to promote coopera... (more)
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Bahrain and Kerala Sign MoU for Cooperation in FinTech, ICT & IoT Startups

Bahrain and Kerala government agencies to cooperate on knowledge exchange, best practice and delegation visits to boost FinTech, IoT and ICT innovation
Other areas of collaboration include education programmes, innovation projects and startup development and support
&... (more)
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Bahrain and UK First in the World to Pilot New Artificial Intelligence Procurement Guidelines Across Government

Bahrain has announced it will pilot new guidelines for the procurement of Artificial Intelligence in the public sector, produced by the World Economic Forum (WEF) Centre for the Fourth Industrial Revolution. The announcement was made by WEF and the Bahrain Economic Development Board (EDB)&... (more)
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Overseas Investment into Both Bahrain and India Rose 6 Per cent in 2018

Bahrain and Indian economies boosted by 6% rise in FDI inflows
India fourth highest FDI source for Bahrain at $281.9 million
At $42 billion, India represents the South Asia subregion’s largest recipient of FDI that year
 
The United Nati... (more)
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Indian Startups to Make a Splash at StartUp Bahrain Week

StartUp Bahrain Week is a Community-led festival expected to bring together around 2,500 people, including entrepreneurs, company founders and venture capital investors from the Gulf and beyond.
37 delegates from across India, representing diverse sectors such as AI, e-commerc... (more)
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Bahrain’s Financial Services Sector Presents 35% Cost Advantage Over Regional Neighbours

A KPMG report, ‘Cost of doing business in Bahrain – Financial Services’, has revealed Bahrain as the most cost effective place in the Gulf to set up and do business in the Financial Services sector, with companies enjoying up to 35% cost savings compared with the rest of ... (more)
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Startup Bahrain Week Draws Innovators and Investors to Leading Entrepreneurial Forums

Week-long events provide insights into business-friendly Bahrain as regional centre for startups
Highlights Bahrain’s dynamic diversification drive towards a digital economy
 
Bahrain’s focus on shaping a regional hub for entrepreneurs as par... (more)
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Middle East’s FinTech Revolution to be Showcased in Bahrain

Financial and technology sectors converge for a week of events, conferences and workshops promoting the dynamic FinTech industry
Global tech innovator and Apple Computers Co-founder Steve Wozniak headlines The GCC Financial Forum on 26 - 27 February, Co-hosted by Euromoney Con... (more)
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