February 13, 2023

EDB attracts investments for 89 projects: Bahrain

The Economic Development Board (EDB) attracted investments for 89 projects exceeding BD415 million ($1.1 billion), which will contribute to creating more than 6,000 quality job opportunities for Bahraini citizens over the next three years.The achievement was announced as His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Prime Minister and EDB Chairman, chaired an EDB board meeting at its headquarters in Bahrain Bay.

The EDB’s achievements in 2022, its goals for 2023, and progress on the kingdom’s economic competitiveness and developments, in line with the Bahrain Economic Vision 2030, were reviewed.HRH Prince Salman highlighted the importance of increasing efforts in further developing key priority sectors to meet the aspirations of Bahraini citizens.

He emphasised the private sector’s role as a main driver of the kingdom’s comprehensive development, led by His Majesty King Hamad.He noted the role played by Bahraini citizens in supporting the kingdom’s national interests, by diligently prioritising far-reaching development goals and initiatives that benefit and support their present and future.

He highlighted that the kingdom’s economic diversification strategy continues to advance, through the investment in available commodities and the adoption of effective legislations and policies, supporting direct investment and providing quality job opportunities for Bahraini citizens, in line with the kingdom’s Economic Recovery Plan.EDB chief executive Khalid Humaidan briefed the meeting about the EDB’s performance and achievements for the year 2022.

The Personal Representative of His Majesty the King Shaikh Abdulla bin Hamad Al Khalifa, the representative of HM the King for humanitarian work and youth affairs Shaikh Nasser bin Hamad Al Khalifa, Deputy Prime Minister Shaikh Khalid bin Abdulla Al Khalifa, Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa as well as senior officials and EDB board members attended the meeting.

Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

thewealthiestinvestor.com is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of thewealthiestinvestor.com are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

The sender of this email makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of thewealthiestinvestor.com websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.

Disclaimer: Past performance is no guarantee of future performance. This product is for educational purposes only. Practical application of the products herein are at your own risk and thewealthiestinvestor.com, its partners, representatives and employees assume no responsibility or liability for any use or mis-use of the product. Please contact your financial advisor for specific financial advice tailored to your personal circumstances. Any trades shown are hypothetical example and do not represent actual trades. Actual results may differ. Nothing here in constitutes a recommendation respecting the particular security illustrated.