Economic Development Board aims at getting strategic investors and business partners to the Kingdom. It plans to cultivate and grow a highly-skilled talent base within Bahrain's diverse and vibrant community of locals and expats. It also aims to selectively increase Bahrain's tourism flow to the Kingdom.
Yes, the labour minister of bahrain His Excellancy, Mr.. Jamil Bin Mohammad Ali Hamedan is on the economic development board of Bahrain. This helps in overlooking the use of labour and labour laws and rights by the board.
Yes, the Economic Development Board has been a major hit in Bahrain with many of the initiatives launched, inward investment coming into the country and government institutions playing a huge role in the development of the country.
The EDB board of directors formulate the Bahrain economic report. It has a number of high ranking ministers including the Ministers of Labour and Finance. The Chairman of the Central bank of Bahrain is also a member, thus giving the board the requisite expertise, power and purpose to execute decisions for the development of Bahrain.
Economic Development Board has worked on reducing the customs duties in order to support the economic and trade exchange between the Kingdom of Bahrain and various states. This has made foreign inward investment cheaper and hence, more countries want to come to Bahrain with businesses.
Economic Development Board was created in 1961.
The Economic Development Board is the prime agency for attracting investment into Bahrain and supporting initiatives that help enhance the investment climate in the country. It is crucial for the development of the economy and aims to ease the business environment.
Yes, members of the royal family of bahrain are a part of the Economic development board. The board is infact headed by the crown prince, His Royal Highness Prince Salman Bin Hamad Al Khalifa, as its chairman.
The Kingdom of Bahrain released a visionary document which gives out the plan for the economic development. This document is the mainstay for all further decisions and plans made by the Economic Development Board. With measures and plans clearly enunciated in this document, investment is Bahrain is now much easier and the focus areas of the kingdom laid out.
Bahrain offers great investment and business opportunities and has streamlined development through the Economic Development Board. The financial sector has been revitalized and offers great investment opportunities. So yes, you should move to the country.
His excellency Sh. Khalid Bin Abdulla Al Khalifa is the deputy prime minister of bahrain and he is on the EDB board of directors . Along with his duties as the deputy Prime Minister, he also keeps a keen eye on the economic development of Bahrain.
How big will your business be? Where are you from? investing in Bahrain is a lucrative thing to do as the laws are in favour of expatriates and foreign investment. To know more about the legalities of things you should go to Economic Development Board. it will help you with all queries.
The Economic Development Board is responsible for attracting inward investment into Bahrain. It works alongside the public and private sectors. It offers all the support needed to boost the Bahraini economy.