Bahrain posts 12% growth in 2013 FDI

February 26, 2014 5:26 am

Bahrain’s Economic Development Board (EDB) has said the kingdom has attracted $114m in foreign direct investment (FDI) 2013, up 12% over the level of investment secured in the previous year, Gulf Daily News has reported. A total of 35 international companies set up operations in the kingdom last year, as a result of direct outreach activities carried out by the board, said the EBD. “Targeting international investors will be a continued focus for the EDB this year, while we continue to support the new companies that have chosen the kingdom,” said EDB business development executive director, Vivian Jamal.