EDB CEO highlights Bahrain’s economic plans

Manama, July 2 (BNA): The American Chamber of Commerce in Bahrain (AmCham) hosted its Annual General Meeting. Bahrain Economic Development Board (EDB)’s CEO Khalid Humaidan discussed the long-standing relationship between Bahrain and the US as seen through successful direct investments and trade. Success stories shared included Citi's new global tech hub in Bahrain, Mondelez's state of the art manufacturing facility, and AWS' cloud data centre. Humaidan highlighted the $30 billion strategic projects revealed as part of Bahrain's Economic Recovery Plan and the exciting opportunities for US companies to consider, including the newly launched US Trade Zone which will provide a customized setting to attract more American companies to invest in Bahrain’s logistics and manufacturing sectors to reach the wider regional and global markets. AmCham Bahrain President Qays H. Zubi presented AmCham's accomplishments from the past year which included membership growth despite covid, hosting 33 events covering a wide variety of topics and experiences relevant to the members and business community and providing a record number of B2B introductions. The value of membership was emphasized by highlighting several new member benefits. In cooperation with the US Embassy in Manama, to facilitate Business Travel to the United States, AmCham can assist members by requesting Expedited Visa Interview Appointments for Business Travelers. Members were encouraged to utilize AmCham Bahrain’s strategic partnership with AmCham MENA – a regional council of 12 AmCham Chapters. Membership not only brings connections between Bahrain and the United States but also regional connections that can help build relationships and businesses.