Launch of the MENA-OECD Enterprise Financing Network
Bahrain, 3 May 2006
The launch of the MENA-OECD Enterprise Financing Network in Bahrain on 3 May 2006 brought together key representatives of the private equity industry, business incubators, research institutions and government regulators to discuss regulatory measures to support entrepreneurs in the region through innovative financing arrangements.
This event was organised jointly by the MENA-OECD Investment Programme and the Bahrain-based MENA Investment Center, a contribution of the Kingdom of Bahrain to the MENA-OECD Investment Programme, which provides unique facilities to foster research on investment and image-building for the region.
On the occasion of the meeting, Riad Al-Khouri, a representative of the Arab Business Council stressed, "Empowering [the] entrepreneurial spirit is key for overcoming the investment gap in the region."
Participants agreed to work together to keep pushing reform efforts. Participants to the meeting included key private sector representatives, private equity firms, and regulators from both MENA and OECD countries.
MENA Investment Policy Brief No.1: Venture Capital Development in MENA Countries - Taking Advantage of the Current Opportunity