Bahrain entered the pandemic with the most diversified economy in the GCC, which meant it was not overly susceptible to the sharp drop in the oil market. The country also benefits from some of the lowest operational costs in the region, helping businesses to maintain continuity amid the uncertainty, aided by supportive measures from the government and the central bank. Its advanced testing and treatment capabilities have combined with an accelerated public vaccination programme to keep the Covid-19 case-fatality rate significantly below the global average, while enabling the government to ease restrictions on mobility and kick-start vital service industries. Looking ahead, Bahrain has several key advantages that should help it stand out as an attractive post-pandemic investment destination, including a pro-business regulatory environment, ready access to human capital, strong international connectivity and close integration within the supply chains of its larger neighbours.
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