Crown Prince Salman Chairs Bahrain EDB Board Meeting

Bahrain Bay:His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister, and Chairman of the Bahrain Economic Development Board (Bahrain EDB), chaired a meeting of the Board of Directors.

According to Bahrain News Agency, the Crown Prince emphasized the importance of supporting emerging economic sectors and strengthening investment roles in projects that drive economic growth and create opportunities for Bahraini citizens. This is part of the Kingdom's comprehensive development strategy under the leadership of His Majesty King Hamad bin Isa Al Khalifa.

The Crown Prince commended the resilience of Bahrain's economy in overcoming challenges, particularly in light of Iranian aggression. He praised the collective efforts of Team Bahrain, which have turned challenges into opportunities, contributing to the Kingdom's continued development.

The meeting reviewed progress towards Bahrain EDB's 2026 objectives, the latest developments in attracting investments in priority sectors, and future initiatives aimed at showcasing Bahrain's competitive advantages in international markets. Discussions also focused on enhancing the Kingdom's investment base and the economy's resilience amid various challenges.

Capital flows and their role in facilitating partnerships between Bahraini institutions and global companies were highlighted, with an emphasis on supporting such partnerships to advance the Kingdom's economy. The Crown Prince stressed the importance of investment projects in creating employment opportunities, developing skills, and opening new avenues for Bahraini talent.

The achievements of Bahrain EDB and stakeholders in supporting economic growth and reinforcing the Kingdom as an attractive investment destination were acknowledged. The success of major events like the 2026 Formula 1 Gulf Air Bahrain Grand Prix in Malaysia, the Made in GCC Forum and Exhibition 2026, and the FinTech Forward 2026 Forum were noted as reflections of the expertise of the national workforce in event organization.

Her Excellency Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain EDB, presented the results achieved in 2026, highlighting success in attracting domestic, regional, and international investments, with the telecommunications and technology sector receiving the largest share, followed by tourism and industrial sectors.

The meeting also covered international events organized and attended by Bahrain EDB, which aim to strengthen Bahrain's global standing and showcase its competitive advantages. HH Shaikh Nasser bin Hamad Al Khalifa and several senior officials and members of the Bahrain EDB Board of Directors attended the meeting.