Bahraini investment bank Gulf Finance House – which provides “unique investment opportunities to high net worth clients” will start building a $3 billion “financial park and real estate development north of Tunisia’s capital”, according to the Africa Report website.
“The site will contain a corporate centre, an investment banking and advisory centre and an insurance area.
It will also include homes, offices, a golf course, a business school and trade centres.”
“The project, known as Tunis Financial Harbour and billed as the first financial park in North Africa, would cover 450 hectares in the Raoued suburb of Tunis.”
Bahrain is ranked 13th on the Financial Secrecy Index.