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Overview

Bahrain's green targets and insurance scheme drive economic growth
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Bahrain’s insurance sector posted another year of growth in 2023, with leading conventional and Islamic underwriters reporting healthy premium and earnings results. The outlook is even more positive moving through 2024 and beyond. The industry’s strong performance comes despite several years of turbulence in the global economy and knock-on challenges for Bahrain. In 2024 Bahrain is projected to…

Overview

Crypto-asset regulation in Bahrain key to capital market growth plans
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Bahrain’s capital markets are targeting increased activity, with the GCC region in the midst of a sustained initial public offering (IPO) boom. Key corporate and government entities are looking to debt and security markets to fund growth, with sovereign bonds in particular proving highly attractive to investors keen to de-risk their portfolios at a time of global economic unpredictability. Bahrain…

Overview

Investment in Bahrain's oil and gas fields drives economic growth
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Bahrain, which was the first country in the Gulf where oil was discovered, is navigating the challenges and opportunities of the energy transition. While focusing on renewables production, energy efficiency and sustainability, new drilling projects in Bahrain’s offshore oil fields, combined with significant investment projects, indicate that hydrocarbons will continue to play an important role in…

Overview

Bahrain leverages cultural heritage to boost tourism
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With a long history as a centre for hotels and hospitality in the Gulf region, Bahrain is embarking on a journey to propel its tourism sector forwards. This move comes on the back of solid growth over the last several years, despite the severe setback to the global travel and leisure industry as a result of the Covid-19 pandemic. Amid ongoing global economic uncertainty exacerbated by recent conflicts,…

Overview

Where to stay in Manama
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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 and VIP rooms available. Business & Conference Facilities: Multifunctional event, conference and party rooms equipped with audiovisual equipment with space for social gatherings for up…

Overview

Tips and information for travellers to Bahrain
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Dress A suit and tie is the usual attire for foreign men in meetings, and darker colours are preferred. Jackets are not necessary in all environments. Women should avoid sleeveless attire; conservative yet stylish is a good choice. Many Bahraini men choose to wear traditional attire such as the thobe (ankle-length robe) and ghitra (headscarf), either in white or a red-andwhite-chequered pattern. Head…
Chapter

The Report: Bahrain 2024: The Guide
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This chapter contains selected listings of some of the country’s top hotels, helpful tips for business and leisure travellers, and other useful suggestions for travel to Bahrain.…
Chapter

The Report: Bahrain 2024: Tax
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Bahrain’s tax landscape has evolved in recent years, with the introduction of excise tax in 2017 and value-added tax in 2019. Since then, new regulations have been aimed at improving financial oversight. Notably, a domestic minimum top-up tax law is set to be implemented in 2025, impacting Bahraini entities that are part of large multinational enterprise groups. As a financial leader in the Middle…
Chapter

The Report: Bahrain 2024: Education & Health
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Bahrain has made significant progress in its healthcare and education systems over the past six decades. The introduction of compulsory schooling in 1919 and a health-for-all policy in 1959 led to substantial sector growth. The government is set to launch a universal health insurance scheme in early 2025, which is expected to expand coverage and improve services. Increased funding should enhance coordination…