Overview

Bahrain moves to expand both hydrocarbons and renewable energies
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Oil was first discovered in Bahrain in 1932, making it the oldest oil-producing market in the Gulf region. After several years of stasis due to the Covid-19 pandemic, the kingdom’s energy industry is seeing a renewed pace of activity. Though Bahrain does not produce as much oil as its larger neighbours, the energy industry remains a vital part of the national economy. This has been helped by a large-scale…

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How Bahrain is diversifying its tourism offerings
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Bahrain has targeted the tourism sector to be a main driver for growth and diversification as the economy recovers from the Covid-19 pandemic. Indeed, as the only island nation in the Middle East and home to large-scale events such as the Formula 1 Bahrain Grand Prix event, the country is well positioned to meet these goals. It has long been a top destination for travellers from Saudi Arabia — attracted…

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Tax regulatory framework in Bahrain
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Bahrain has long enjoyed its status as a tax-free jurisdiction until the introduction of excise tax in late 2017, followed by introduction of value-added tax (VAT) in 2019. The country is now home to a rapidly evolving tax landscape, with several notable tax and reporting regulations introduced since 2017. Bahrain is well established as a financial centre in the region, and in recent years the authorities…

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Bahrain readies for the future in education and health care
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Education and health care are important policy priorities in Bahrain’s wider drive to develop a knowledge-led economy. As the first country in the GCC region to introduce government-sponsored education in 1919, Bahrain has a long track record of public instruction, as well as a robust private education ecosystem that has developed in the subsequent years. Fostering the next generation of local talent…

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How ICT is set to fuel growth in Bahrain’s digital economy
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With a relatively small but sophisticated market, Bahrain’s ICT sector is an important driver of export growth in the country, thanks to the scalability of software and services, and supportive government policy. As the kingdom looks to capitalise on the digitisation gains made before and during the Covid-19 pandemic, economic recovery plans centre around further ICT development and cybersecurity…

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How Bahrain is diversifying its industrial sector
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The manufacturing sector is the second-largest contributor to non-oil GDP, behind financial services. Some of the kingdom’s key industrial players have expanded their production capacity in recent years, significantly bolstering heavy industry and downstream potential, most notably in the aluminium segment. Aluminium is Bahrain’s biggest non-oil export, and Aluminium Bahrain (Alba) is integral…

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Projects drive post-pandemic construction growth in Bahrain
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The construction and real estate sectors are important contributors to Bahrain’s GDP, yet in the years preceding the pandemic both sectors displayed erratic growth due partly to oil price instability and the government’s fiscal consolidation programme. However, recent legislative amendments and strategic announcements are expected to reinvigorate the closely linked sectors and support the central…

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New logistics strategy to boost transport infrastructure in Bahrain
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Bahrain is an archipelagic nation, with most of its economic activity taking place across its four main interconnected islands: Bahrain Island, Al Muharraq Island, Sitra Island and Umm Al Nasan Island. In the planning stages as of mid-2022, a number of big-ticket transport infrastructure projects are set to facilitate a better flow of people, goods and services between – and across – the country’s…

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Hotel options in Bahrain
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ELITE RESORT & SPA Building 101 Sheikh Hamad Causeway T: +973 1731 3333 / 1755 8200 cro@elitegrouphotels.com www.elitegrouphotels.com Rooms: 154 suites with one, two or three bedrooms. Non-smoking rooms, VIP rooms and bridal suites. Business & Conference Facilities: 24-hour business centre with fax, internet and photocopying. Multifunctional gathering rooms with audiovisual equipment. Banquet…

Overview

Tips and information for travellers to Bahrain
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Business Hours Government offices are open Sunday to Thursday, 7.00am to 2.00pm. The private sector follows the same work week and generally operates between the hours of 8.00am and 5.00pm, with a one-hour break for lunch. Retail establishments are typically open until 8.00pm, although opening hours are frequently extended to midnight on weekends. VISA As part of the GCC political and economic bloc,…