Bahrain Secures Record USD 1.95 Billion in FDI Inflows in 2022, Says UN – Gulf Insider


Securing a new record, Bahrain’s Foreign Direct Investment (FDI) inflows increased by USD 1.95 billion in 2022 while global FDI fell by 12%, according to the latest World Investment Report (WIR 2023) by the United Nations Conference of Trade and Development (UNCTAD).

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Bahrain has made laudable progress in diversifying its economy, growing opportunities for local and international businesses and maintaining steady investor confidence, as well as consistently increasing the Kingdom’s FDI inflows. While economic diversification efforts have long been underway in Bahrain, the Economic Recovery Plan (ERP) formed in 2021 embraced a focused development plan with an overarching aim of enhancing Bahrain’s competitiveness on an international level by reprioritising the economy and underscoring strategies across high-value sectors.

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To ensure the Kingdom remains an attractive destination for investment, Bahrain has recently launched the Golden License as well as continues to maintain an ongoing commitment to streamline commercial procedures on a regulatory front, further boosting Bahrain’s business-friendly environment.

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Works as an in-house Writer at Gulf Tech Plus and focuses on the latest smart consumer electronics. Closely follows the latest trends in consumer IoT and how it affects our daily lives. You can follow him on Facebook, Instagram & YouTube.

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