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Overview

Bahrain invests in capacity expansion as non-oil sector drives growth
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After a year characterised by falling global prices for both crude oil and aluminium, there is a surprising degree of optimism in Bahrain’s economy. With major investments in its infrastructure being financed by the Gulf Development Fund and Aluminium Bahrain’s (Alba) sixth pot line moving ahead, there is a sense that Bahrain is busy, from its factory floors to its construction sites. At the same…

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Extending and upgrading tourism facilities attracts more visitors to Bahrain
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Known in ancient times as Dilmun, the inspiration for the Garden of Eden, and more recently as Ard Million Nakhla, or the Land of a Million Date Palms, Bahrain has been welcoming visitors to its shores for centuries. More recently, the island was the first country in the Gulf to develop a modern tourist industry, when it established itself as the region’s first leisure and services centre during…

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Education investment aims to improve Bahrain's schools and attainment levels
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With the first modern school in the Gulf set up in the country in 1919 and the first girls’ school opened in 1928, Bahrain has one of the longest histories of education in the region. Successive governments have made education a priority, and Bahrain is today home to a comprehensive education system, from nurseries to universities. The country achieved universal enrolment decades ago, and the focus…

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Changes to Bahrain's health care sector as it adapts to new conditions
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Home to the first modern hospital in the region, founded by American missionaries in 1902, Bahrain has one of the oldest health care sectors in the Gulf. Over the course of the 20th century, the country developed a comprehensive health care system, substantially modernised with a large injection of funds during the 1970s oil boom. Now the authorities are looking to meet new challenges and introduce…

Overview

New entrants and reforms in Bahrain's telecoms sector increases competition
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Bahrain is home to one of the most liberalised telecoms markets in the Middle East. Although it is a relatively small market, with a population of 1.3m in 2014, according to the Central Informatics Organisation, its official statistics agency, the country is keen to leverage the telecoms sector to facilitate broader economic growth, and the authorities are continuing to promote both new entrants and…

Overview

Bahrain's open regulatory environment in ICT promises ongoing GCC competitiveness
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Bahrain has a history of involvement with telecoms that dates back to 1864, when the island became a way station for the telegraph cable link between India and Europe. It was the first country in the Middle East to install a mainframe computer (at the Bahrain Petroleum Company, BAPCO, in 1962), to install a satellite station (1969) and to launch an internet service (1995). In more recent years, the…

Overview

New amendments to Bahrain's Commercial Companies Law
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Legislative Decree No. 21 of 2001 promulgating the Commercial Companies Law (Commercial Companies Law) has been amended by the recently issued Legislative Decree No. 50 of 2014 amending the Commercial Companies Law (New Law), introducing reform to Bahrain’s corporate environment. New Rules Article 3 of the New Law provides that all references to 60 days in the Commercial Companies Law shall now…

Overview

Broad appeal: Page 27
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8 13 17 18 21 23 27 35 36 37 39 40 42 In the face of the challenges posed by declining oil prices and regional unrest, Bahrain has remained committed to its programme of economic diversification. While GDP growth is forecast at 3.3% in 2016, the fiscal gap is not expected to close significantly. However, the advancement of SMEs, as well as significant growth in the manufacturing sector, bode well…
Interview

Li Yong, Director-General, UN Industrial Development Organisation (UNIDO): Interview
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Interview:Li Yong What perspectives and expertise can Bahrain and other Gulf nations offer to the international community in supporting development? LI YONG: Under the banner of south-south cooperation the governments of Bahrain and India, with UNIDO, established the Arab Regional Centre for Entrepreneurship and Investment Training (ARCEIT) in 2001. ARCEIT, in cooperation with the Bahrain…