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Gateway Gulf Forum Closes With $17 Billion in Announcements Backing Bahrain’s Diversification

Organizer figures reflect MoUs across priority sectors to advance Bahrain’s non-oil agenda.

Overview

  • The two-day forum in Manama gathered more than 200 ministers and global business leaders under the theme of rethinking investment for new trade dynamics.
  • Organizers reported over $17 billion tied to roughly 60 announcements supporting financial services, ICT, manufacturing, logistics and tourism.
  • Four projects received Golden License status, including a Beyon–Oracle sovereign cloud collaboration, Arla’s facility expansion, Foulath’s solar-powered steel initiative and Binaa Al Bahrain’s sustainable urban development.
  • AirAsia signed a letter of intent with Bahrain’s transport ministry to explore making Bahrain its Middle East hub, linking ASEAN routes with the Gulf.
  • Further updates included National Bank of Kuwait breaking ground on its first international headquarters in Bahrain, Bahrain Titanium starting construction, an ALBA supply-chain partnership with Asian investors, SICO fund launches, Arcapita logistics plans and confirmation of billions in awarded government tenders.