Ramped-up investment programmes and solid private sector expansion helped sustain Bahrain’s economic growth in 2015, albeit at a slower pace than in previous years. According to the IMF, the final figure for GDP growth in 2015 is expected to be 3.2%. While down on the 4.5% growth recorded in 2014, this places Bahrain’s economy ahead of the...
The name Bahrain means “two seas” in Arabic. It is unclear what the term specifically refers to, and for much of its history, Bahrain was the name for the eastern coast of Arabia. Only recently has it come to identify the islands of the Awal archipelago.
What perspectives and expertise can Bahrain and other Gulf nations offer to the international community in supporting development?
The guide contains listings of some of the leading hotels and resorts in Bahrain, and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business viewers alike.
Increasing revenues and reducing spending have been established as the core objectives of Bahrain’s economic policy, with subsidy reduction across the board likely to be a common theme in 2016. After energy, the financial sector continues to be the second-largest contributor to GDP, accounting for 16.5% of the total in 2014. This is followed by manufacturing which comprised 14.4% of GDP....
The kingdom of Bahrain has been ruled as a constitutional monarchy since 2002 under the leadership of Sheikh Hamad bin Isa Al Khalifa. The country pioneered the Middle East’s oil production in 1932, thus establishing the region’s initial framework for the petroleum industry. The energy sector remains a pillar of the kingdom’s economy, accounting for the bulk of government revenues but a...
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