Bahrain's promotion of itself as business-friendly has led to a number of large investments from abroad in recent years, most from the Gulf.
Companies in the UAE, Kuwait and Saudi Arabia have invested heavily in Bahrain. Libya has majority ownership of Bahrain's Arab Banking Corporation, a large wholesale bank.
UAE companies' investments include Dubai Financial Group's 58.5 per cent ownership of Taib Bank and Istithmar World's ownership of 10 per cent of BMI Bank, a retail and commercial lender. Rotana Hotels, a regional hotel operator based in the UAE, also owns 7.5 per cent of the Bahrain-listed Banader Hotels. Emirates Islamic Bank owns 9 per cent of Bahrain's Khaleeji Commercial Bank.
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