Bahrain team in Japan to woo investors
Tokyo, October 15, 2012
A delegation led by the Central Bank of Bahrain (CBB) and the Economic Development Board (EDB) has arrived in Japan for a series of high level seminars with Japanese business leaders keen to explore investment opportunities in the kingdom.
It includes CBB Governor Rasheed Al Maraj, director of banking operations Shaikh Salman bin Isa Al Khalifa and EDB financial services director Boyd Winton.
The roadshow, which continues until tomorrow, follows the annual meetings of the International Monetary Fund and the World Bank Group, attended by the delegation as well as high ranking Bahrain officials.
The business seminars will include a number of high level meetings with Japanese officials and financial leaders, and will include visits to leading businesses in Tokyo.
The visit provides an opportunity to further strengthen economic and trade relations between Bahrain and Japan.
Bahrain is home to a number of leading Japanese companies, including Nomura Securities, Toyota Training Centre, Yokogawa and Daiwa Securities, Bank of Tokyo-Mitsubishi and Yamato Kogyo.
Japan is currently Bahrain's fifth largest trading partner.
Trade between both countries surged by almost 30 per cent in 2010, and reached $1.25 billion compared with $961.5 million in 2009.-TradeArabia News Service
More Finance & Capital Market Stories
- Dubai inflation hits 4-year high in Nov
- New guidelines for Islamic banks, Takaful
- ADS to enter UK in 2014, starts pricing yuan
- Citadel cuts net loss as regional unrest eases
- Saudi inflation edges up to 3.1pc y/y in Nov
- Kuwait's Investment Dar reaches key debt agreement
- Banks on alert over ATM fraud
- Bahrain's economy bounces back on positive outlook
- Mena inbound M&A value triples to $3.9bn
- DFM opens educational trading floor at varsity