Bahrain's Financial Sector Home Media Centre

Prospects for Bahrain's Financial Sector

​Manama, March 05, 2013: Over 350 leading bankers, financiers and investment experts from across the region gathered in Bahrain today to attend the annual Euromoney Bahrain conference, co-hosted by the Bahrain Economic Development Board. The nation's economy, financing infrastructure and the vision 2030 were discussed as part of the day one sessions.

H.E. Kamal Bin Ahmed, Minister of Transportation and Acting Chief Executive, Bahrain Economic Development Board said  "We are very fortunate to have been joined at the Euromoney Conference Bahrain by some of the leading international companies that have set up in Bahrain over the past few years. This is testament to what a strong line-up of participants there has been during the first day, and I thank everyone who has helped make the event such a success."

"Our core role at the Economic Development Board in Bahrain is to help businesses invest in Bahrain. This is true when people are first looking to invest in the Kingdom, but it’s also true once they’ve set up, to support the creation of long term, quality jobs for Bahrainis. In order to achieve this, Bahrain is committed to sustaining and strengthening its core business fundamentals.

Day one sessions included on-stage interviews and panels with H.E. Mr. Kamal bin Ahmed, Minister of Transportation and Acting Chief Executive, Bahrain Economic Development Board; H.E. Mr. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain; Mr. Abdulkarim Ahmed Bucheery of BBK and Chairman of BAB; Mr. Tim Murray Chief Executive Officer of Alba, Mr. Jamal Al-Hazeem, of BMI Bank; Shaikh Hesham Bin Mohamed Al-Khalifa of the Bahrain Development Bank; Shaikh Mohamed Bin Khalifa Al-Khalifa of The Oil and Gas Holding Company (nogaholding); Talal Al Zain, Chief Executive Officer of Pinebridge Investments Middle East, Mr. Mohammed Al Sheroogi, President of Gulf Business at Investcorp, Mr. Subah Almoayyed General Manager & Board member of Eskan Bank.

Richard Banks, Regional Director for Euromoney said, "We are very happy to have had the leading financiers from across Bahrain with us today. I have been very impressed with their realistic assessment of the challenges facing Bahrain. They are also positive about the future – more positive than a year ago – and that's good to hear"

Day two, March 6 will be committed to the wealth management and private banking sectors.

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