Luxembourg wants to strengthen economic relations with Bahrain

January 6th, 2010 by admin




Between Bahrain, Rasheed Al Maraj, Governor of Bank, and Luxembourg Finance Minister, Luc Frieden, will give the main address.

Small European state’s second largest after the U.S. investment fund center and an important site in Europe for private banking. Within the European Union, Luxembourg in terms of concentration of financial and banking activities in London is second. Flexible banking and investment fund is Luxembourg law and the extensive network of double taxation treaties the international lending it as a major center is able to install, investment funds, private equity and private banking.

Two major theme of the conference: an overview of Luxembourg investment funds are there some 600 of whom have offered to investors in Bahrain, a close look and wealth management services focusing on the Luxembourg financial institutions can.

Luxembourg Finance Minister in the eight months for another visit Bahrain. Bahrain came here in May, Mr. Frieden - is double Luxembourg Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa of Bahrain signed with.

Seminar is being held by Luxembourg for Finance, a Luxembourg public-private partnership between the Government and the Luxembourg financial industry association. The Central Bank of Bahrain and Bahrain jointly supported by the Bank’s Association.

Posted in Business

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

About Luxembourg

Luxembourg lies on the cultural divide between Romance Europe and Germanic Europe, borrowing customs from each of the distinct traditions. Luxembourg is a trilingual country; French, German, and Luxembourgish are official languages. Although a secular state, Luxembourg is predominantly Roman Catholic.