Bahrain Economy

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Bahrain has moved to improve its start-up ecosystem as part of plans to further diversify the economy, launching a new funding and training initiative specifically targeting entrepreneurs and small and medium-sized enterprises (SMEs).

Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.

 

Bahrain Defence Force +973 17 653 333 Cabinet Affairs +973 17 223 366 Education +973 17 278 999 Finance +973 17 575 000 Foreign Affairs +973 17 227 555 Health +973 17 288 888 Housing +973 17 533 000 Industry, Commerce & Tourism +973 17 574 777 Information Affairs & Parliamentary Affairs +973 17 871 111 Interior +973 17 572 222 Justice...

Articles & Analysis | A guide to Bahrain's hotels from The Report: Bahrain 2018

 

Relaxing retreat ELITE RESORT & SPA Bldg. 101 Sheikh Hamad Causeway T: +973 17 313 333 / +973 17 558 200 F: +973 17 558 229 / +973 17 558 229 cro@elitegrouphotels.com www.elitegrouphotels.com Rooms: 154 suites with one-, two- or three-bedrooms. Non-smoking rooms, VIP rooms, bridal suites. Business & Conference Facilities: 24-hour...

 

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 they are willing to share their local customs and traditions with those who are keen to learn.

 

Small businesses play an important and growing role in Bahrain’s economy. According to the Labour Market Regulatory Authority, more than 90% of licensed companies had less than 10 employees in 2016 and approximately 98% of them employed less than 50 people each. The activity of this prominent part of the economy has become easier to track in...

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