Thursday, December 13, 2007

Bahrain FDI rises by $1.8bn

Bahrain's FDI rose by more than $1.8 billion last year, bringing it to almost triple its size in 2005.

Bahrain is the first country in the Middle East to calculate its own FDI.

The Economic Development Board, in collaboration with the MENA Investment Centre and world experts in foreign direct investment, held a workshop yesterday on FDI statistics for analysts, statisticians and policy makers to enable better reporting of FDI in the Gulf region.
The workshop was held at the Diplomat Radisson SAS Hotel and attended by more than 45 people.

Three experts from the Paris-based MENA-OECD Investment Programme outlined the latest standards and parameters for measuring FDI. The international body has recently revised the basic concepts and definitions of direct investment which were first established in 1995.

To read more on Gulf Daily News, Click here.

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