The Economic Development Board (EDB) hosted a delegation of journalists from a number of international markets covering the insurance sector, on the sidelines of the 2015 Middle East Insurance Forum (MEIF) which was hosted with the strategic partnership of the Central Bank of Bahrain (CBB). This comes as part of the EDB’s efforts to promote investment opportunities in the Kingdom and highlight the Kingdom’s key competitive advantages and long running history in its financial services sector.
The journalists represent a number of high profile international publications including UK publications, Reinsurance and Life Insurance International, Singapore publication, Middle East Insurance Review, and GCC based Premium ME. The visit follows on a previous media delegation visit hosted by the EDB during the 2014 MEIF.
The two-day visit included meetings and interviews with a number of public and private sector representatives such as the EDB, CBB Bahrain Institute of Banking and Finance (BIBF), Bahrain Insurance Association, Hannover Re, and AXA Gulf Insurance, as well as attendance at the 2015 Middle East Insurance Forum. Additionally, the journalists also experienced Bahraini culture with a visit to the Bahrain National Museum.
H.E. Kamal bin Ahmed Mohammed, Minister of Transportation and Telecommunications and Acting Chief Executive of the EDB said:
"Through visits such as these, we are able to introduce a global audience to the numerous opportunities available in the Kingdom, and promote the competitive advantages Bahrain has to offer, particularly in financial services. Bahrain’s financial services industry has a long history, and benefits from a strong regulatory environment, which has allowed Bahrain to become one of the key financial services centers in the region".