Policy interventions and an investor-friendly regulatory environment continue to attract investors to Bahrain as both a place to establish a business, and as a gateway through which to enter the markets of the broader GCC and MENA regions. A more strategic and sustainable funding model has been adopted by the government, and this shift in approach is beginning to be reflected in the fiscal balance
Interview:Mohamed bin Thamer Al Kaabi Which priorities is Bahrain focusing on to improve its transport and logistics sector? MOHAMED BIN THAMER AL KAABI: Bahrain’s strategy for the logistics services sector is set to play a critical role in Bahrain Economic Vision 2030. Under the plan, the kingdom aims to leverage its strategic location and logistics capabilities to position it among the top-20…
Interview:Mohamed Yousif Al Binfalah In what ways can the kingdom further increase its competitiveness and international presence in the global aviation sector? MOHAMED YOUSIF AL BINFALAH: There was a gradual recovery in international travel and passenger flows in 2022. Around 6.9m passengers travelled through Bahrain International Airport (BIA) in 2022, compared to 3m in 2021, making it a positive…
With Bahrain’s 780-sq-km landmass stretching across 33 islands, efficient transport connectivity between the country’s four main islands – Bahrain Island, Al Muharraq Island, Sitra Island and Umm Al Nasan Island – is integral to economic development. National strategy has focused on establishing Bahrain as an international tourism destination and logistics centre. That drive has resulted in…
The expansion of the logistics and tourism industries is central to the government’s economic development strategy, and both sectors have received sizeable investment in recent years. A significant milestone for both sectors was the 2021 opening of a new terminal at Bahrain International Airport (BIA) – operated by Bahrain Airport Company (BAC) – which at 210,000 sq metres has four times the…
With Bahrain’s 780-sq-km landmass stretching across 33 islands, efficient transport connectivity between the country’s four main islands – Bahrain Island, Al Muharraq Island, Sitra Island and Umm Al Nasan Island – is integral to economic development. National strategy has focused on establishing Bahrain as an international tourism destination and logistics centre. That drive has resulted in…
Interview:Mohamed Yousif Albinfalah What were the main challenges the aviation industry faced during the Covid-19 pandemic, and how were these overcome? MOHAMED YOUSIF ALBINFALAH: The pressing need to set up special operations at the airport to deal with the pandemic was apparent as early as January 2020, when operations at Bahrain International Airport (BIA) were still running from the old terminal.…
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…
Bahrain is making progress towards a long-standing goal of leveraging its geographic advantage as a gateway to the Gulf, using highly integrated port connections to become a leading regional logistics centre. In November 2021 the government unveiled the Logistics Services Sector Strategy 2022-26, which aims to lift the sector’s contribution to GDP to 10% and establish Bahrain among the top-20 logistics…
Bahrain is an archipelagic nation, with most of its economic activity taking place across its four main interconnected islands: Bahrain, Al Muharraq, Sitra and Umm Al Nasan. 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 borders. Looking ahead,…