Bahrain

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Since its establishment in late May 1981, the GCC has experienced over three decades of rapid economic growth. The bloc’s six members – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – have benefitted from greater integration and cooperation over the years, and continue to work to diversify their economies to maintain their competitive edge.

Never far from the headlines, the region faces a number of significant political and economic challenges. Amidst this, however, the economies of the Middle East offer numerous opportunities for investors, across all sectors. 

Efforts to strengthen Bahrain’s digital economy will begin in earnest next year when the kingdom launches a major upgrade of its broadband internet infrastructure.
Bahrain beat GDP growth expectations in 2013 and is poised to keep pace with its larger regional neighbours this year, according to a recent report from the country’s Economic Development Board (EDB).
The Kingdom of Bahrain is pushing forward with its plan to invest $4.4bn in housing, utilities and education projects over the next three years. The first wave of infrastructure development, announced in January, is gaining momentum, and new construction tenders are starting to be awarded.

A flurry of new deals signed in the first quarter of 2014 are set to push up trade between Bahrain and India, while also paving the way for the Kingdom to continue expanding its health care sector and pharmaceuticals industry.

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