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BCCI receives a delegation from the IMF
20-March-2017
by
Aysha Ebrahim Ali Salem

The first vice-chairman of the Bahrain Chamber of Commerce and Industry (BCCI) Mr. Khalid Al Zayani received in Bait Al Tijjar yesterday a delegation from the International Monetary Fund (IMF) headed by Deputy Division Chief and Mission Chief for Bahrain Ms. Padamja Khandelwal. The meeting discussed the economic outlook of Bahrain and the role of the private sector. During the meeting, Mr. Al Zayani expressed confidence in the resilience of the Bahraini economy and its prospect, and underlined the competitive business environment, the encouraging laws for local and foreign business owners and investors, as well as the reforms in the labor market and in procedures. Mr. Al Zayani also shed a scope light on the growing role of the chamber in empowering the private sector, particularly in light of the leadership’s strategy stressing on genuine public-private sector partnership and considering the private sector the key player and contributor to the national economy. He highlighted promising investment opportunities in Bahrain particularly in downstream industries, tourism, real-estate, and others, and stressed on the potential of SMEs.

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Bahrain, officially the Kingdom of Bahrain is a small island country situated near the western shores of the Persian Gulf in Southwest Asia. It is an archipelago with Bahrain Island, the largest land mass, at 55 km (34 mi) long by 18 km (11 mi) wide.

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