Non-residents possess 6.7pc of Bahrain’s assets, says survey

Non-residents hold 6.7 per cent of the Kingdom’s assets, according to Bahrain Foreign Investment Survey. The Information and eGovernment Authority (iGA) in collaboration with the Economic Development Board (EDB), Central Bank of Bahrain (CBB) and Ministry of Industry, Commerce and Tourism conducted the Annual Foreign Investment Surveys in 2018 for the reference years 2015 and 2016.

The survey obtained data from significant enterprises that had accounted for most of the total investments and by various functional, geographical and industrial characteristics.

The objective of the survey was to cover all active major commercial enterprises in the financial and non-financial sectors operating in the national economy.

“However, data could be obtained only from privately-owned companies and public corporations. International financial transactions made by individuals, non-commercial establishments and the government were not covered except those transacted through Bahrain’s registered commercial enterprises,” the iGA said in a statement issued.