Bahrain Economy

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Articles & Analysis | A guide to Bahrain's hotels from The Report: Bahrain 2018

 

Relaxing retreat ELITE RESORT & SPA Bldg. 101 Sheikh Hamad Causeway T: +973 17 313 333 / +973 17 558 200 F: +973 17 558 229 / +973 17 558 229 cro@elitegrouphotels.com www.elitegrouphotels.com Rooms: 154 suites with one-, two- or three-bedrooms. Non-smoking rooms, VIP rooms, bridal suites. Business & Conference Facilities: 24-hour...

 

Bahrain Defence Force +973 17 653 333 Cabinet Affairs +973 17 223 366 Education +973 17 278 999 Finance +973 17 575 000 Foreign Affairs +973 17 227 555 Health +973 17 288 888 Housing +973 17 533 000 Industry, Commerce & Tourism +973 17 574 777 Information Affairs & Parliamentary Affairs +973 17 871 111 Interior +973 17 572 222 Justice...

 

NATIONAL CHARACTER: While Bahrainis are interested in and open to foreign cultures, they are also very proud of their own identity, history and culture, and they are willing to share their local customs and traditions with those who are keen to learn.

 

Small businesses play an important and growing role in Bahrain’s economy. According to the Labour Market Regulatory Authority, more than 90% of licensed companies had less than 10 employees in 2016 and approximately 98% of them employed less than 50 people each. The activity of this prominent part of the economy has become easier to track in...

 

Bahrain’s efforts to narrow its fiscal deficit is taking place across a number of fronts. On the revenue side of the equation the awaited introduction of value-added tax is expected to have the single-biggest impact over the next two years. In terms of cutting costs, the ongoing reduction of energy subsidies is garnering considerable attention...

 

Bahrain has been a regional magnet for foreign direct investment (FDI) for decades. The accumulation of foreign capital over many years means that, relative to the size of the economy, it figures more prominently on the national balance sheet than in any other GCC state: according to the June 2017 “Economic Quarterly” report by the Economic...

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