Bahrain draws US$100m Singapore investment

Firms invested in Bahrain’s finance, ICT, and tourism sectors.

Singapore companies invested over US$100m in Bahrain through the Economic Development Board (EBD) since November 2023.

Investments secured by Bahrain’s EDB include commitments in financial services, ICT, and tourism sectors.

The Bahrain EDB has an office in Singapore, which assists Singapore companies in expanding or setting up in the Gulf nation.

Singapore-based financial services players that have a presence in Bahrain include Whampoa Group through its Singapore Gulf Bank and Crypto.com.

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