Bahrain EDB celebrates Gitex success
Manama, October 25, 2013
The Bahrain Economic Development Board (EDB) has reported great success at the Gitex 2013 in Dubai with many international corporates expressing interest in establishing offices in the kingdom.
The EDB said through its participation in the event, it carried out multiple activities promoting the kingdom's national economy and its investment environment.
These activities were jointly executed by EDB, eGovernment Authority, Tamkeen and Bahrain Development Bank officials.
The kingdom's pavilion at the exhibition attracted the attention of many participating international business representatives, a statement said.
Promotional activities included presentations by EDB officials on the many positive characteristics of the Bahraini business environment such as its openness, advancement, high electronic readiness, as well as its competitive economic environment, .
The presentations were held in many official participating country suites, including the pavilions of Malaysia, France and Belgium.
In addition to the EDB's promotional activities, the delegation met several pioneering Indian, Singaporean, British, German and Korean companies operating in the information and communications technology (ICT) industry.
These meetings aimed at introducing international companies to the kingdom's investment opportunities.
It also highlighted the ways in which companies can make the most of Bahrain's economic freedom in order to establish their businesses, which will in turn create more employment opportunities for Bahraini citizens.
Many factors have allowed for the ICT industry in Bahrain to grow and advance, including the country's highly specialised workforce, its central location, which connects the $1.5 trillion GCC market to India, the Far East and the West, as well as economic openness.
This has resulted in Bahrain being ranked second in the region in terms of ICT as a result of transferring international and local calls into digital technology, along with other technological services.-TradeArabia News Service