
Golden Residency Program website and hotline launched
The aim of this initiative is to attract exceptionally talented individuals and investment into the Kingdom of Bahrain, and in line with strategic efforts to enhance national competitiveness and support development across various economic, investment, and service sectors.
The new services work towards providing a point of reference for interested applicants and beneficiaries.
Since the Golden Residency Program was first launched in 2022 as part of the Economic Recovery Plan, the Nationality, Passports, and Residence Affairs (NPRA) has granted permanent residency to investors, expats owning real estate, artists, athletes, talented professionals, and long-serving employees alongside their dependents.
Her Excellency Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board said, 'With its strategic location and its business-supportive ecosystem, the Kingdom of Bahrain has always been a hub for both global talent and investment.
'The Golden Residency Program reaffirms our commitment to fostering a dynamic and welcoming environment where individuals and businesses can thrive and become part of Bahrain's growth plans. Bahrain is committed to consistently providing streamlined and advanced services to its citizens, residents, and visitors.'
'The website and hotline going live enable us to provide comprehensive information on the program, which will support in attracting talent and investment, thereby positioning the Kingdom as one of the region's tourism destinations of choice,' she added.
Bahrain has cemented itself as the destination of choice for global professionals and investors.
With its welcoming community and high quality of life, it offers an attractive home for all. Residents enjoy a cosmopolitan lifestyle that blends modern island living with rich cultural heritage.
As a regional business hub, Bahrain offers 100% foreign ownership in most sectors, a competitive taxation system, and a highly skilled bilingual workforce.
Positioned at the heart of the Arabian Gulf, residents will experience strategic access to key markets and a business-friendly regulatory environment that fosters innovation and investment.
H.E. Shaikh Hisham bin Abdulrahman Al Khalifa, Undersecretary of the Ministry of Interior for NPRA, hailed the program.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Biz Bahrain
21-07-2025
- Biz Bahrain
Citi Bahrain Expands its Global Technology Hub in Manama
Citibank, N.A., Bahrain Branch (Citi Bahrain) announced the expansion of its Global Technology Hub in Manama, adding a new state-of-the-art floor to its facilities. This pivotal milestone aligns with Citi's tactical plans to hire a new wave of talent; the hub has already onboarded a substantial number of programmers and coders, in line with the target to allocate 1,000 coding jobs over a ten-year period for the Bahrain hub. Marking the first in the region, the hub was established in 2021 in a strategic partnership with the Bahrain Economic Development Board (Bahrain EDB), the Central Bank of Bahrain (CBB), and the Labour Fund (Tamkeen). The expansion is expected to enhance Citi's digital capabilities both regionally and globally in areas such as Electronic Trading, E-Commerce, Big Data and AI, cementing the island nation's growing reputation as a thriving technology and financial hub. Citi Bahrain's tech hub currently develops digital solutions that serve Citi's global portfolio of business lines and clients. H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB; H.E. Khalid Humaidan, Governor of the Central Bank of Bahrain; Michel Sawaya, CEO of Citi Bahrain; Nikhil Joshi, CIO Markets at Citi, and Kassey Oulhadj, Head of Citi Bahrain Global Technology, attended the inauguration of its expanded premises. H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, said, 'Citi's continued expansion in Bahrain, year after year, reflects the growing impact of its Global Technology Hub in Manama, which plays a key role in delivering digital solutions that support Citi's global client base. Its progress is a testament to the strength of Bahrain's wider financial services and tech ecosystem, defined by the availability of highly skilled local talent, the agility of the regulatory environment, and the effectiveness of public-private partnerships in enabling high-quality job creation and future-proofed skills development. We look forward to building on this momentum together with Citi, alongside Tamkeen and the CBB, in the years ahead.' From her side, Ms. Maha Abdulhameed Mofeez, Tamkeen Chief Executive said: 'At Tamkeen, we prioritize investing in developing and empowering our national workforce and in line with this we actively seek strategic partnerships – both local and international – that support our core objectives by building a pool of qualified national talent capable of contributing to the growth, sustainability and productivity of the organizations they serve.' 'Our collaboration with 'Citi' is built on this foundation as it supports innovation, digital transformation and international growth while preparing the labor market with tech-savvy talent ready to lead and make a real impact in their fields,' added Ms. Mofeez. Tamkeen's strategic priorities for 2025 focus on enhancing the competitiveness of Bahraini nationals in the private sector, equipping them with the skills needed for career development, as well as prioritizing the growth, digitalisation, and sustainability of enterprises. Michel Sawaya, Citi Bahrain CEO, 'I'm proud of the momentum gained by the tech hub since the establishment in 2021. Expanding our offices with an additional floor is a strategic step that exemplifies the notable progress we have achieved against our hiring targets.' Nikhil Joshi, Citi CIO Markets, added 'We see tremendous opportunity to further elevate our digital service development capabilities in Bahrain, as we continue to deliver a wide range of financial solutions to our global clients, such as Electronic Trading, E-Commerce, Big Data and AI.' Citi chose Bahrain as a destination for its tech hub owing to the depth and diversity of the island nation's talent pool, which is further backed by forward-looking regulatory frameworks reinforced by agile government support.


Daily Tribune
09-07-2025
- Daily Tribune
Bahrain Secures British Investment
Carbon-linked deal drives momentum • USD 250m in three years • New £2bn sustainability pact • Growth in trade, logistics, tech Bahrain has quietly become one of the UK's fastest-growing economic gateways in the Gulf, securing over USD 250 million in British investment over the past three years, with a bold £2 billion private-sector deal now steering focus toward green growth and industrial reinvention. The announcement came during a high-level visit to the United Kingdom by a Bahraini delegation led by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (EDB). The delegation met with British businesses and investors, showcasing opportunities in Bahrain's evolving financial, ICT, tourism, and education sectors. Strategic Expansion Ties between the two kingdoms have intensified in recent years, with the Strategic Investment and Collaboration Partnership (SIP2) signed in June marking a major step forward. The agreement commits over £2 billion from the Bahraini private sector into projects linked to carbon reduction and sustainability. It follows the UK's inclusion in the Comprehensive Security Integration and Prosperity Agreement (C-SIPA), which aligns the two countries on economic integration and technology partnerships. 'Bahrain remains a trusted gateway for UK companies seeking growth in the Middle East, backed by a business-friendly environment, agile regulation, and high-growth sectors,' said H.E. Noor bint Ali Alkhulaif. 'The increased confidence from UK investors is a testament to our enduring partnership, and we look forward to building on this momentum.' Future-Focused Sectors The EDB's visit also features two panel discussions in collaboration with the Financial Times under the theme 'Shaping the Next Generation of Manufacturing and Logistics Hubs'. The sessions will explore how supply chain shifts, sustainability mandates, and technology trends are influencing decisions about where global companies site their facilities. UK-based firms such as Standard Chartered, HSBC, Deloitte, Reckitt Benckiser, and the University of Strathclyde already have a presence in Bahrain. Their footprint reflects the Kingdom's appeal as a base for expansion across the Gulf. Non-oil trade between Bahrain and the UK rose by 45 percent in 2024, reaching USD 645 million from USD 443 million the year before. The growth adds further weight to Bahrain's positioning as a regional node for innovation-driven, low-carbon, and service-based industries.


Biz Bahrain
09-07-2025
- Biz Bahrain
Bahrain EDB Attracts Over USD 250 Million in Investment from the UK
The Bahrain Economic Development Board (Bahrain EDB) reported it has attracted over USD 250 million in investment from United Kingdom-based companies in the past three years (2022-2024) spanning across key sectors including financial services, ICT, education and tourism. This milestone achievement underscores Bahrain's growing appeal as a strategic investment destination and highlights the strengthening economic ties between Bahrain and the United Kingdom. The announcement was made during a visit to the UK aimed at showcasing Bahrain's investment opportunities to British businesses and investors. Led by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, the trip included senior officials from the Kingdom's investment promotion agency, engaging in meetings with potential investors and participating in curated events focused on trends in manufacturing, and logistics. H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board (Bahrain EDB) said: 'Bahrain has long cultivated strong global partnerships, with a focus on economic cooperation and trade. The inclusion of the United Kingdom in the Comprehensive Security Integration and Prosperity Agreement, along with the recent signing of the Strategic Investment and Collaboration Partnership (SIP2) with Bahrain in June 2025, will support economic growth and job creation in both countries marking a significant milestone—deepening our collaboration across security, economic integration, and technological innovation.' H.E. added: 'Bahrain remains a trusted gateway for UK companies seeking growth in the Middle East, backed by a business-friendly environment, agile regulation, and high-growth sectors. The increased confidence from UK investors is a testament to our enduring partnership, and we look forward to building on this momentum.' During the visit, the Bahrain EDB, in collaboration with the Financial Times, will curate two panel discussions about 'Shaping the Next Generation of Manufacturing and Logistics Hubs'. Both sessions will explore global shifts in tariffs, supply chains, technology, and sustainability, emphasising how companies are reevaluating and relocating manufacturing and logistics hubs to optimise resources and market responsiveness. Bahrain's longstanding relationship with the UK continues to deepen across multiple priority sectors. The two nations recently signed a second Strategic Investment and Collaboration Partnership (SIP2) involving over £2 billion in investment from the Bahraini private sector, targeting carbon reduction and sustainable development projects. Bilateral non-oil trade saw a significant growth of 45% in 2024, reaching USD 645 million compared to USD 443 million in 2023. Prominent UK companies operating in Bahrain include Standard Chartered, HSBC, Howden, Deloitte, Ernst & Young, Reckitt Benckiser, PwC, the University of Strathclyde, and Conexus Resources Group.