Joint ventures highlighted in Bahrain British Business Forum monthly luncheon
- Bahrain: Wednesday, November 16 - 2011 at 11:12
- PRESS RELEASE
Joint Ventures were the focus of the Bahrain British Business Forum's (BBBF) regular monthly luncheon at the event held on November 15th at the InterContinental Regency Hotel. In addition to guest speaker Mr. Clive Hopewell, Head of leading British law firm Charles Russell's Middle East office and the BBBF's legal Special Interest Group, the event also featured the three Chelsea Pensioners currently visiting Bahrain in cooperation with the BBBF as guests of honor.
"Joint ventures are a great way to expand cross-border trade and quickly gain a foothold in foreign markets," said Mr. Hopewell. "More and more, foreign companies are looking towards the Middle East as a lucrative market for establishing joint ventures as a viable option to grow their business."
Partnerships between state enterprises and private businesses are a particular feature of the Middle East. For example, a report prepared by KFH Research Limited in 2011, a subsidiary of Kuwait Finance House, highlights that the UAE and Saudi Arabia represent the largest markets for partnership models between public and private sectors in the region, particularly in the energy and water project industries.
Over 50 such contracts relating to partnerships between the two sectors were signed in the Gulf Since September 2010, with such projects requiring investments of more than $60bn.
The BBBF encourages membership from all strata of Bahrain's business community, and welcomes anyone to join the group by contacting the BBBF office at the British Embassy.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.