How major sporting events are boosting Middle East economies
Successes such as F1 and the 2022 World Cup highlight how Middle East economies could diversify from oil and gas by becoming major sport destinations.
The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. The EDB works with the government and both current and prospective investors to ensure that Bahrain’s investment climate is attractive, communicate the key strengths and identify where opportunities exist for further economic growth through investment. The EDB focuses on economic sectors that capitalize on Bahrain’s competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, information and communications technology (ICT), tourism, logistics and transport.