Bahrain Economy

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NATIONAL CHARACTER: While Bahrainis are interested in and open to foreign cultures, they are also very proud of their own identity, history and culture, and are willing to share their local customs and traditions with those who are interested to learn.

 

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Benefitting from its robust financial services, industrial and manufacturing sectors, Bahrain’s economy is one of the most mature and diverse in the GCC. Although the kingdom has suffered in the wake of sustained low and volatile international oil prices – which have resulted in sluggish regional and national GDP growth, as well as a widening...

 

What are Bahrain’s primary economic competitive advantages, and how can these factors be best leveraged in a cooling investor climate?

 

Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volumes expanded by 3% in 2018 and are expected to decline slightly to 2.6% in 2019 before rebounding to 3% in 2020. This may be the first time since the 2007-08 global financial...

 

Our world today is witnessing rapid changes and facing pressing challenges that require everyone to be flexible and thoughtful in how we move forward in order to ensure the continued progress of humanity. For our part, we have targeted and realised many development-related achievements. Our country is looking to the future with great optimism...

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