UAE property giants help drive Bahrain’s $492m tourism capital influx ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Major investments from UAE-based property developers helped Bahrain rank first in the Middle East and Africa (MEA) region for attracting the highest tourism capital investment in 2020, with $492m pouring into the island country, a new report says. According to the fDi Intelligence Tourism Investment Report 2021, the tourism capital that flowed into Bahrain in 2020 was mainly made up of investments from global property developer Emaar Properties and real estate developer Eagle Hills, despite the overall regional decline in capital investment in 2020. Capital investment into MEA last year decreased 82% from 2019, dropping to $1.6bn. The number of tourism jobs created in the region also experie

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