Nour Al-Khalif: Bahrain has succeeded in building a competitive economy that has the capabilities to prepare for the future

Minister of Sustainable Development and CEO of the Economic Development Board, Nour Al-Khalif, confirmed that the Kingdom continues, through harmonizing policies, developing human capital, and promoting innovation, to provide promising investment opportunities in priority sectors that include financial services, information and communications technology, industry, logistics, and tourism.

Minister Al-Khalif highlighted the success of the Kingdom of Bahrain in building a competitive economy that has the elements to prepare for the future, is based on organizational innovation, is fueled by the competence of national cadres, and an attractive business environment aimed at attracting long-term sustainable investments. It also reviewed the Kingdom’s efforts to diversify its economy, which enabled Bahrain to consolidate its position as a dynamic investment destination that combines flexibility and long-term stability.

This came when she participated, alongside an elite group of global leaders, including former US Secretary of State Mike Pompeo, in a high-level session within the activities of the ninth edition of the Future Investment Initiative Forum (FII9) in the Saudi capital, Riyadh.

The Minister participated in the dialogue session titled “Have foreign direct investments begun to move away from the West?” Along with Nadia Al-Saeed, banking expert and former CEO of Bank al-Etihad and former Minister of Information and Communications Technology in Jordan, Mike Pompeo, the 70th US Secretary of State and Executive Chairman of Impact Investments, and John B. Quinn, Chairman and Founding Partner of Quinn Emanuel Urquhart & Sullivan. The media session was moderated by Eleni Giokos, anchor and correspondent at CNN.

The session discussed the global finance map in light of macroeconomic transformations, rapid technical developments, and the trend of regional markets towards diversification. With the International Monetary Fund forecasting that emerging markets will represent more than 75% of global growth in 2025, speakers reviewed ways to enable countries to attract a new wave of foreign direct investments and enhance their economic flexibility in the long term in light of a changing global environment.

The forum was held under the slogan “The Key to Prosperity: Opening New Horizons for Growth,” bringing together global leaders from governments, business and investment to discuss new paths towards inclusive and sustainable economic growth. Today, the annual forum is considered one of the most prominent platforms influential in shaping the global investment agenda, as it unites decision-makers and investors to discuss key issues affecting the contemporary world.