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Islamic Finance Briefing - Categorized | Investment, Property, Projects, Infrastructure more

Bahrain’s SIC eyes $1 trillion GCC market

Posted on 12 January 2010

From Menafn.com: The opening of the new Salman Industrial City (SIC) will help Bahrain attract huge investments from the $1 trillion GCC (Gulf Cooperation Council) market, the Economic Development Board (EDB), the official economic development agency of Bahrain, said in a statement.

Chief Executive of the EDB Sheikh Mohammed Bin Isa Al-Khalifa said the industrial sector played a major role in the Bahrain economy, contributing approximately 16 percent of gross domestic product (GDP) and the new initiative offered a number of opportunities for international companies seeking to establish a position in the combined trillion dollar Gulf market…………………………………..Full Article: Source

 
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