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Bahrain EDB set to woo F1 highrollers

Manama, April 2, 2008

Big-hitters in charge of assets worth more than $1 trillion will be at the Gulf Air Bahrain Grand Prix this weekend, it was revealed.

Bahrain is hoping to convince them to invest some of that cash in the country, said Economic Development Board (EDB) chief executive Shaikh Mohammed bin Isa Al Khalifa on Tuesday.

He was speaking on the opening day of the high-profile Motor Sport Business Forum Middle East, which is underway at the Bahrain International Circuit.

'The amount of wealth of the people attending this race is in tens of billions of dollars,' he said.

'The responsibilities of these investors and managers total over a trillion dollars - these are scary figures,' he said.-TradeArabia News Service




Tags: Bahrain | F1 | woo | highrollers |

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