Saudi investors have been among the leading investors in the technology sector in Bahrain, according to recent data published by Bahrain’s Ministry of Industry, Commerce and Tourism. Bahrain’s Ministry of Commerce has announced earlier this year that the total Saudi investments amounted to SAR20 billion ($5.3 billion dollars).

Saudi investors have been among the leading investors in the technology sector in Bahrain, according to recent data published by Bahrain’s Ministry of Industry, Commerce and Tourism. The Saudi market is one of the important markets for Bahrain’s economy, and Manama, according to its location and geographical link, represents a gateway for investors to expand in the Gulf market in general and the Saudi market in particular.

“The advanced and open infrastructure supported by an effective system of legislation and facilities contributes to the promotion of Saudi investments in Bahrain because of its leading international indicators in terms of readiness of the ICT sector,” Managing Director of Bahrain’s Economic Development Board Dr. Simon Galpin said.

Source Credit: Asharq Al-Awsat
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