Opinion

INVESTMENT OPPORTUNITIES IN BAHRAIN, “PEARL OF THE GULF”

Admin 10 Jun 2024 5
Opinion | 2 min read

INVESTMENT OPPORTUNITIES IN BAHRAIN, “PEARL OF THE GULF”

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Admin
10 June 2024 · 5 · Issue 28
Bahrain, a significant Gulf nation, is progressively strengthening its ties with Türkiye. Türkiye and Bahrain’s relationship extends beyond politics and trade, encompassing energy, green hydrogen, infrastructure, construction, and notably, tourism. With its enduring historical significance, strategic location in the Persian Gulf, population of 1.53 million, and thriving tourism sector, Bahrain is aiming to strengthen its relations with Türkiye across multiple domains. This suggests that the current foreign trade volume of USD 38 billion between the two nations is poised for further expansion. Since its establishment in 2006, the DEİK/Türkiye-Bahrain Business Council has consistently pursued its primary objective of advancing its endeavours in alignment with the mutually beneficial relationship shared with its counterparts, namely the “Bahrain Chamber of Commerce & Industry” and the “Bahraini Businessmen’s Association”. Additionally, the council aims to boost the foreign trade volume between the two nations by facilitating meetings with the “Bahrain Economic Development Board-EDB” to explore investment opportunities. Furthermore, it played a pivotal role in the signing of the 7th JEC agreement between the two countries in 2022. The DEİK/Türkiye-Bahrain Business Council, having achieved success in every area it has undertaken to date, remains committed to advancing significant projects in collaboration with its counterpart organizations. Dubbed the “Pearl of the Gulf” and serving as the gateway to Saudi Arabia through the “King Fahd” Bridge, Bahrain offers promising opportunities to investors seeking to venture into the country.
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