What is Bahrain’s golden licence scheme? – The National
- Date: 18-Jun-2023
- Source: The National
- Sector:Financial Markets
- Country:Bahrain
What is Bahrain’s golden licence scheme? – The National
Bahrain, the Arabian Gulf’s smallest oil producer, this week awarded golden licences to five companies that have made large-scale investment projects in the kingdom totalling more than $1.4 billion.
The move comes as the kingdom, like other countries in the region, intensifies efforts to diversify its economy away from oil and support businesses to expand their operations.
Bahrain has unveiled several initiatives in the past few years to support growth.
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