On boosting local added value and building a global brand through enhanced export capacities How do you evaluate Bahrain’s progress in growing non-oil exports in the context of economic diversification? SAFA SHARIF KHALEQ: Bahrain has worked proactively towards the diversification of its revenue in recent years. The country went from pearling to oil, then from industry to banking, telecoms…
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For much of its history, Bahrain was the name for the eastern coast of Arabia. The name Bahrain means “two seas” in Arabic, and this has come to identify the largest of the 33 natural islands of the archipelago that makes up the kingdom. History The first notable inhabitants of the region were the Dilmun civilisation approximately 6000 years ago, but throughout history Bahrain’s geographically…
After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with a return to growth, rising government revenue and a new plan for the kingdom’s future economy. It was able to weather the 2020-22 period that was characterised by low energy prices on international markets, which resulted in slowed GDP growth both in the GCC and at home.…
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…
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,…
Viewpoint:Sheikh Khaled bin Abdullah Al Khalifa As countries around the world continue to recover from the economic challenges of Covid-19, it is paramount for government leaders to implement sound policies and develop strategies that will see a return to the level of stability we experienced before the pandemic. The kingdom of Bahrain has been praised internationally for its comprehensive…
Interview:Zayed bin Rashid Al Zayani How will the Industrial Sector Strategy 2022-26 support small businesses, and what can be done to facilitate their integration into global value chains? ZAYEDBIN RASHID AL ZAYANI: Launched as part of the Economic Recovery Plan in response to the Covid-19 pandemic, the Industrial Sector Strategy 2022-26 focuses on developing an advanced, innovative…
Interview:Mohamed bin Thamer Al Kaabi What opportunities does the Logistics Services Sector Strategy 2022-26 present, and what can be done to catalyse private investment in key projects? MOHAMED BIN THAMER AL KAABI: Bahrain already provides a business-friendly environment for the private sector, and the Logistics Services Sector Strategy 2022-26 builds on this. We have undertaken improvements…