Bahrain attracted record investments of more than $1.7 billion in 2023, a 55 percent year-on-year increase, compared to $1.1 billion in 2022, through the Economic Development Board, the government's investment promotion body.
The EDB attracted investments across 85 projects, with the financial services sector leading the rest of the sector in attracting the highest level of investment, accounting for 17.5 percent of real GDP, surpassing the oil and gas sector.
The Governor of the Central Bank of Bahrain explained that the size of the cumulative balance of direct investments relative to GDP is 82 percent higher than the global average, reflecting the confidence that investors place in competitive advantages.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
