Bahrain Economy

Chapter | Table of Contents from The Report: Bahrain 2022

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After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with strong growth, rising government revenue and a new plan for the future economy. As energy and tourism earnings recover, the kingdom aims to generate sustainable long-term growth opportunities through new sector strategies and transformational infrastructure projects.

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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...

Articles & Analysis | Hotel options in Bahrain from The Report: Bahrain 2022

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Business...

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...

From remote work to widespread job losses, the Covid-19 pandemic dramatically changed the way people work. These interruptions are likely to have a significant impact on the labour market well into the future. In a briefing from June 2021, the UN said that many emerging markets in particular were experiencing a “full-blown unemployment crisis” that was exacerbating existing...

As oil prices reach recent highs, a number of countries in the Middle East have unveiled fiscal measures designed to balance their budgets after two years of Covid-19 pandemic-related spending. Bahrain is following this trend: in October 2021 it released a plan designed to balance the budget by 2024 (see analysis). In addition to doubling the value-added tax (VAT) to 10%, the...

What opportunities does the Logistics Services Sector Strategy 2022-26 present, and what can be done to catalyse private investment in key projects?

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