Traders in Bahrain’s Manama souq have demanded the area be treated as a special economic zone to help it regain its glory as well as gain exemption from municipal taxes and reduce utility charges, said a top official.
Bahrain-based Gulf Finance House (GFH) has signed a memorandum of understanding to develop an economic zone, power projects and phosphate mines in Syria.
GFH signed the MoU with the Syrian Investment Authority (SIA), on
Dubai World Group's Jafza subsidiary signed an $800 million deal on Monday to build and run a special economic zone in Senegal.
This is the latest in a series of Arab investments in the West African country.
Dubai World chairman Su
Bahraini Islamic investment bank Gulf Finance House said on Friday it had signed a deal to develop a $10 billion economic development zone near Mumbai to tap booming sectors such as energy and telecommunications.
The zone, located in an a