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Middle EastJanuary 2 2006

Bahrain

Gulf International Bankdr Khaled M Al-Fayez,CEO
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1. What makes your country attractive to investors?

Bahrain has a long history of being an attractive destination for investors, which is being enhanced by the broad and ambitious path of political and economic liberalisation it is currently taking.

2. What are the economic prospects for your country over the next three to five years?

The outlook for Bahrain is generally very positive. The robust performance in the tourism and construction sectors has provided much of the current growth spur, and this is being augmented by efforts to improve local conditions for business and foreign investment.

3. How do you foresee the financial sector in your country changing?

Bahrain’s financial sector is rising to the challenges posed by the Basel II regulatory framework and the coming end of the grace period associated with WTO membership.

The Bahrain Monetary Agency has implemented a host of policies that should sustain the island’s position as a world-class financial hub.

4. What role will your bank play in your country’s future development?

As one of the few regionally incorporated merchant banks, Gulf International Bank aims to give strong support to Bahrain and the Gulf Cooperation Council (GCC) region’s ongoing process of financial deepening and maturity.

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Read more about:  Middle East , Bahrain