WEF names Bahrain the most sophisticated financial market in the GCC region

Notes and media contacts

About The Global Competitiveness Report
The GCI ranks Bahrain 37th (out of 134) overall, up 6 places on last year's Report. The other 11 pillars of competitiveness are as follows: Institutions, Infrastructure, Macroeconomic stability, Health and primary education, Higher education and training, Goods market efficiency, Labour market efficiency, Technological readiness, Market size, Business sophistication and Innovation.

About The Bahrain Economic Development Board (EDB)
The Bahrain Economic Development Board (EDB) is a dynamic public agency with an overall responsibility for formulating and overseeing the economic development strategy of Bahrain, and for creating the right climate to attract direct investment into the Kingdom.

The role of the Bahrain EDB is to provide leadership by uniting all of the Kingdom's shareholders through a unified vision, and to develop key strategies for growth. The Bahrain EDB also acts as a facilitator, helping all of Bahrain's stakeholders to understand and adopt the changes necessary for progress. In addition, the Bahrain EDB provides sound project management to ensure that all agreed reform initiatives are implemented in an effective and timely manner.

The Bahrain EDB is also responsible for attracting inward investment into Bahrain, and is focusing on six target economic sectors in which the Kingdom offers significant strengths. These are financial services, downstream industries, tourism, business services, logistics, and education and training.

For more information, please contact:
Farah Mattar
Senior PR Officer
Bahrain Economic Development Board
EDB Switchboard: +973 17589999

Natasha Sterling
Promoseven Weber Shandwick
Telephone: +973 3 995 6730