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Bahrain launches 'Golden License' to attract investment, jobs

Published on April 08, 2023
Current Context: Bahrain announced the launch of a Golden License on April 2023, with an aim to attract major companies to invest in the Gulf country to increase investment, jobs.
Bahrain launches 'Golden License' to attract investment, jobs
  • According to the Bahrain Economic Development Board, only companies with a value of $50 million or plans to create 500 jobs in the country will be eligible for this license.
  • Bahrain's cabinet introduced this license in line with its October 2021 economic reform plan, with the goal of improved economic performance, creating jobs and attracting more local and foreign investment.
  • Last year, Bahrain introduced its Golden Visa program, aimed at attracting foreign investment.
  • Golden licensed companies will enjoy perks and privileges unavailable to others, including priority allotment of land for investment and access to basic services and utilities.


Q.1 Which country launches 'Golden License' to attract investment, jobs.
a. Bahrain
b. Ukraine
c. Russia
d. Europe

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