Bahrain keen to invest in textile, bank, capital market

Bangladeshi companies participated in Bahrain
Autumn Fair 2008 have received huge spot orders and signed bilateral trade agreements with various companies.
Bahrain business people in their meetings with their counterparts expressed their interest in investment in Bangladeshitextile, bank and capital market.
In the nine-day fair held at Manama, the Bahrain capital city, that concluded on January 30, three Bangladeshi commercial banks, two life insurance companies and one real estate company took part, according to a press release.
Pubali Bank, Prime Bank and Mutual Trust Bank finalised remittance deal with several exchange houses and banks of Bahrain.
These banks opened hundreds of accounts for expatriate Bangladeshis and collected laudable deposit.
Among the life insurance companies, Fareast Islami Life Insurance Company earned Tk 6 million premium by selling 350 policies, while Meghna Life Insurance Company earned Tk 5 million selling more than 250 policies.
The only real estate company, Mission Energy and Properties, got booking for more than 50 flats and plots.
Bangladeshi participating companies had several meetings with the companies of Bahrain where Bahrani businessmen showed interest in importing Bangladeshi rice, readymade garments, shrimp, medicine, handicrafts, spices and food products.