What’s in it for investors here in Bahrain? Read on to find out

The University of Bahrain held a lecture titled “The Role of the Economic Development Board in Attracting Investments” on December 6th, where EDB’s Media and Communication Director Isa Jafar Mubarak highlighted Bahrain’s upcoming investment opportunities.

Isa Jafar stated the Bahrain is one of the Gulf countries that’s been attracting international investments due to its strategic location and its suitable environment for the investors’ families. In addition, Bahrain has a pool of trained and qualified university graduates. Isa also said that Bahrain would have a promising economic future, especially it is a key gateway to investment in the Gulf countries.

He further explained that foreign investors would benefit from many advantages when launching their investments in the Kingdom of Bahrain. How? Well, the first advantage is the geographical location of Bahrain, which will assist the investors in expanding their investments into other Gulf countries. Another advantage is the low cost of investment in Bahrain in comparison to the neighboring countries. And last but not least, the availability of adequate living facilities for the investors’ families.

He added the EDB’s policy aims to attract investors together with their families, for families moving to stay in Bahrain means pumping money into the local market, leading to its retrieval, pointing out the nonexistence of taxes imposed on investors is one of the main reasons that attracts many foreign investors, especially taxes in some countries could go up to 40% of their profits.

He noted attracting investments leads to providing work opportunities for graduates and jobless workers, pointing out that 85% of the unemployed are trained and qualified to work university graduates.

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