Bahrain Chamber hosts HSBC’s Chief Economist, discusses economic trends

TDT | Manama     

The Daily Tribune – www.newsofbahrain.com

Khalid Najibi, the first vice-chairman of the Bahrain Chamber, welcomed HSBC’s Chief Economist for the Middle East, Turkey, Africa, Central, and Eastern Europe, Simon Williams, at the Chamber’s headquarters yesterday.

Williams was accompanied by CEO Joseph Ghorayeb and Head of Markets and Securities Services Batool Al Rahma, Najibi emphasised Bahrain’s pivotal role as a gateway to the Gulf region during the meeting, highlighting its extensive network of Free Trade Agreements, modern infrastructure, and highly skilled workforce, all of which contribute to its strong position.

In turn, Williams praised Bahrain’s rapid economic progress and ongoing reforms.

He also discussed the collective strength of the Gulf Cooperation Council (GCC) member states, noting their resilient growth rates ranging between 2 and 4%, despite facing economic and geopolitical challenges.

Williams stressed the GCC’s substantial $2 trillion market as an appealing and promising investment destination.

Joining the discussion were Nader Rahimi, head of the Bahrain Chamber’s finance, insurance, and tax committee, and committee member Mohammed Al Aali.