The name Bahrain means “two seas” in Arabic, referring to the seas that surround the Gulf island nation. It is unclear which seas the term specifically refers to, and for much of its history, Bahrain was the name for the province. Only recently has it come to identify the islands of the Awal archipelago.
Bahrain has remained largely insulated from international external risks and has weathered the global economic shocks of the recent past relatively well. At the height of the international financial downturn, for example, the kingdom avoided falling into recession and even achieved real GDP growth of more than 6% in 2008 and over 3% in 2009.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×