NATIONAL CHARACTER: Compared to other Gulf states, Bahrain is considered one of the more liberal and progressive societies in the region. Its culture embraces a unique fusion of Arab tradition and modernity. Although highly receptive to international cultures, as evident by the substantial population...
What shape will Mumtalakat’s investment strategy take in 2013, and what outcomes do you expect?
What role does Mumtalakat play in the Bahraini economy, and how does it fulfil its agenda?
The Economic Development Board (EDB), the kingdom’s investment agency, reported in February 2013 that one of the most important tasks for the economy is to develop more labour-intensive industries. While it has a relatively diversified economy, Bahrain still relies heavily on its hydrocarbons sector, which does not provide significant employment...
The rapidly expanding population presents Bahrain with a number of challenges, including the need to provide more housing, transport infrastructure, utilities, educational opportunities, health care and food over the coming years. The kingdom will not have to meet these needs alone, however, as several of its neighbours in the GCC are providing...
The effectiveness of Bahrain’s efforts to develop and encourage the growth of small and medium-sized enterprises (SMEs) is evidenced by the high percentage of SMEs operating in the local economy. Indeed, according to the Bahrain Chamber of Commerce and Industry (BCCI), SMEs represent roughly 98% of companies in the kingdom. The UN Industrial...
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