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New laws and policies to boost start-up ecosystem

Bahrain Business
Wed, 07 Mar 2018
Avinash Saxena
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MANAMA: A revised bankruptcy law, new trust laws and limited liability partnership laws along with policies on data privacy and sovereignty, all of which are in the offing, will make Bahrain’s business environment even more attractive for start-ups, a top Economic Development Board (EDB) official has said. EDB executive director of ICT John Kilmartin told the GDN yesterday that these initiatives were all due to the recognition of the major role entrepreneurship was playing in economies around the world – encouraging growth, accelerating economic diversification and creating jobs.

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