Syed Hussein Al -Qassab
The “Towards a Comprehensive and Sustainable Economic Development” forum witnessed the launch of its first sessions under the title “Building a varied and sustainable economy by creating an attractive environment for investment”, with the participation of a group of officials and economic experts, where the national efforts made to enhance the investment environment and achieve sustainable development in the Kingdom of Bahrain were highlighted.
The Minister of Sustainable Development and the CEO of the Economic Development Council, Nour Al -Khalif, confirmed that Bahrain has succeeded in enhancing its position as a regional financial center, noting that the Kingdom hosts more than 300 financial institutions. She added that the expansion achieved by major companies such as “Alba” and “Bapco” reflects the Kingdom’s ability to take optimal benefit from its resources, stressing that Bahrain is full of many achievements in the labor market, where the economy is a key axis in the sustainable development process.
She pointed to the legislation that Bahrain worked on to enhance the economy and support digital transformation, stressing that these reforms keep pace with global changes and provide a more flexible and attractive environment for investment. She stressed that the government puts upon its responsibility to reduce the time periods of government services provided to citizens, which contributes to accelerating procedures and improving the efficiency of transactions.
For his part, member of the Shura Council d. Bassam Al -Banmah Muhammad that Bahrain, despite its small size, is characterized by a strong economic openness, indicating that the Kingdom’s capabilities are excellent, despite some borders. He stressed that the focus on supporting the middle class will also help low -income people, by providing more job opportunities.
