Bahrain’s Growth Continues
Global Finance | October 6, 2021
The Kingdom of Bahrain has ambitious plans for post-pandemic growth. The government has beefed up contract laws to improve enforcement, allows 100% foreign ownership in most sectors and does not require foreign companies to work through a local partnership. Our expert shares his views on the impact of FDI approval on the country’s financial ecosystem.
Extract from the article: “The government is saying economic recovery is going to be very difficult, hence the focus on FDI…The government can only do so much. It is up to the companies to decide whether it is worth setting up. The whole financial ecosystem does change very quickly.”