• HSBC

Bahrain is fastest growing financial centre

  • Bahrain: Tuesday, March 18 - 2008 at 12:48

Bahrain is the world's fastest growing financial centre, according to the third edition of The City of London's Global Financial Centres Index. The kingdom rose 59 points in the ranking of the world's financial centres. The GFCI report, which publishes the top 50 rated financial centres, ranks Bahrain 39th, up three places from the previous addition and ahead of neighbouring Qatar. Moreover, Bahrain has raced ahead of a number of other emerging financial centres, previously ranked as higher, such as Mumbai (48th), Beijing (46th) and Johannesburg (41st), reported Yemen Times.

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