Bahrain & France Strengthen Ties

Bahrain & France Strengthen Ties
MANAMA: A high-level delegation from Bahrain is in Paris this week to promote the kingdom's business-friendly environment and showcase to French business leaders the business opportunities in Bahrain and the Gulf.

The three-day investment road show, headed by Economic Development Board (EDB) chief executive Shaikh Mohammed bin Essa Al Khalifa, is a collaboration between the EDB, the Chamber of Commerce and Industry of Paris and the Bahrain Embassy in France.

The delegation includes Bahrain Chamber of Commerce and Industry (BCCI) chairman Dr Essam Fakhro, EDB chief operating officer Kamal Ahmed and several senior officials and businessmen. The visit comes as significant investment is being made in Bahrain by French companies.




Sheikh Isa Causeway Bridge, Manama, Bahrain

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More than 50 French companies, including BNP Paribas, GDF Suez and Societe Generale, have a presence in Bahrain.

French business is particularly strong in financial services, aluminium, oil and electricity.

"Bahrain is offering foreign investors unparalleled access to Gulf markets at a time when economies affected by the global downturn have contracted," said Shaikh Mohammed.

"French brands are some of the world's leading companies and it makes sense for these businesses to look to Bahrain when seeking opportunities for expansion.

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