The Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani received Turkish Ambassador to the Kingdom of Bahrain Mr. Kamal Demirciler.
During the meeting, they reviewed joint bilateral relation between the Kingdom of Bahrain and the Republic of Turkey and ways to enhance cooperation mechanisms in all fields especially industrial, commercial, tourism and investments.
In this regard, the minister wishes the new ambassador success in his duties, stressing that the ministry is ready to provide what would develop these relations.
On the sideline of the Gateway Gulf, which is held under the patronage of HRH Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander, and First Deputy Prime Minister and Chairman of the Bahrain Economic Development Board, the Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met President and CEO of Iron Net Cyber Security Co. Mr. Keith Alexander.
During the meeting, the Minister confirm that the Kingdom of Bahrain enjoys an attractive and friendly investment environment for investors from all over the world in various projects with high added value to the national economy.
Iron Net Cyber Security is a US company operating in the field of information technology. It also works with clients across a range of industry sectors to develop solutions for their unique business requirements. These industry sectors include energy & Utilities, financial services Healthcare & Life Sciences, government and manufacturing.
On the sideline of the Gateway Gulf, the Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met Sales Manager of Innervate Technology Solutions Mr. Arun Murria.
During the meeting, the Minister stressed the importance of Gateway Gulf Conference in promoting investment opportunities in the Kingdom of Bahrain and the GCC, which opens up wider horizons for investments in all economic sector. The minister noted in this regard to the role of government strategies and vision 2030 to achieve the aspirations of the leadership and government to enhance the economic growth of the Kingdom of Bahrain.
The Minister welcomed all regional and global business and investment aimed to establish large-scale projects in the kingdom.
On the sideline of the Gateway Gulf, the Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met Mr. Pietro Paolo Rampino the Vice-President of Joint Italian Arab Chamber
During the meeting, they reviewed a number of Joint Bahraini-Italian projects especially in light of the directives of the leaderships and the governments of the two countries to enhance their economic relations and develop ways of trade exchange.
In this context, the minister reviewed the potential enjoyed by the kingdom of Bahrain in various economic fields. He also stressed the importance of mutual visits between the private sectors in both countries in bolstering many ideas and initiatives.
On the sideline of the Gateway Gulf, the Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met Mr. Oscar Chow the Honorary Consul of the Kingdom of Bahrain to Hong Kong at the Four Seasons Hotel.
During the meeting, the minister praised the outstanding efforts undertaken by the Honorary Consul of the Kingdom of Bahrain in Hong Kong in enhancing bilateral economic relations between the Kingdom of Bahrain and China in general and Hong Kong in particular; In addition to his efforts in promoting investment opportunities and reviewing the attractive economic environment in Bahrain.
On the sideline of the Gateway Gulf, the Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met with the President of NHA Company Mr. Gang Yang at the Four Seasons Hotel.
During the meeting, the minister affirmed that the Kingdom of Bahrain welcomes all investments that contribute to raise the economic growth rates and investment attraction especially in light of government and Ministry orientations and strategies to develop legislations and procedures related to various commercial and investment activities to achieve Bahrain Economic Vision 2030.
It should be noted that NHA is a global company with origins in China and has assets across airlines, hotels, financial services, and technology and logistics sector in China and around the globe.
On the sideline of the Gateway Gulf, the Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani met Mr. Kush Choksy, Senior Vice President for Middle East and Turkey Affairs of the US Chamber of Commerce.
During, the meeting, the Minister stressed the importance of such meetings in enhancing joint action and mutual cooperation between all concerned parties in the Kingdom of Bahrain and the United States of America, in order to develop these relations to achieve the common objectives and ambitious strategies of the two countries.
The minister praised the role played by the US Chamber of Commerce with the Bahraini side in all joint activities, and its role in enhancing economic relations between the two friendly countries.
The Minister of Industry, Commerce & Tourism Mr. Zayed R. Alzayani affirmed that there are investment projects worth over $32 billion and tourism is an important part of that. The came during an event was in the sideline of Gateway Gulf Investment Forum, where the minister participated as the official speaker in the second panel discussion under the title "Real estate & tourism,”. The panel was led by Mr. John Defterios of CNN Money.
The Minister touched a number of topics including the construction sector in Bahrain is strong and growing where hotels and restaurants witnessed annual growth 9% and 5.5% growth year on year for real estate and business activities in 2017. In addition to the newly established RERA is very important to making Bahrain a premier real estate investment destination across all segments. The establishment of RERA complements previous efforts to attract foreign and private investment into the property market. In 2016, Bahrain allowed overseas investors 100% ownership in real estate. The minister also talked about Bahrain's Tourism strategy that aims to build on the tourism fundamentals of Access, Accommodation, Attractions and Awareness through causeway development and airport expansion. He added that the country is already well positioned in tourism and has a strong starting point for future growth.
The Minister also reviewed a number of future tourism projects such as durrat Crescent & Dawn, Bilaj Al Jazayer, Al Naseem, Al Maydan Mall, Hasabi and Hawar Island.