Bahrain investing in massive projects
26. Apr, 2009
Trade Arabia reports that, “Bahrain is pushing ahead with massive developments as much of the world cowers in the face of recession, said the head of the government’s investments arm. Bahrain Mumtalakat Holding Company chief executive officer Talal Alzain, was speaking as he detailed the $1 billion (BD378 million) @bahrain development, a business, technology, retail and leisure ‘city’ to be built alongside the Bahrain International Circuit (BIC) in Sakhir. Alzain was speaking yesterday on the second day of this year’s Gulf Air Bahrain Grand Prix, which @bahrain and Mumtalakat are using as the platform to launch the project.”
read more: Trade Arabia
