Bahrain

In line with global practices, Bahrain is committed to adopting the new International Financial Reporting Standards (IFRS) as of January 1, 2018. Accordingly, IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers are coming into practice in the kingdom.

Recognised by the government as an engine for growth, economic diversification and social cohesion, the telecoms sector in Bahrain is expected to play a vital role in enabling the kingdom to achieve its ambition of becoming a regional centre for digital technology. Since ownership was liberalised in the early 21st century, the industry has...

The public education system of Bahrain is poised to mark its centenary in 2019, but the main focus in the country’s schools and universities is further in the future. New institutions are being built and opened in both the public and private sectors to serve young people from nursery age through to postgraduate study. According to...

New schools are springing up across Bahrain, funded by private investors, the government and neighbouring Gulf countries. The developments represent a response to an expanding population, demand for modern facilities suited to 21st-Century teaching methods and the growth of new master-planned communities. The Ministry of Education (MoE) is...

With the pending introduction of a national health insurance scheme and an administrative transformation that promises to bind the kingdom’s hospital system more closely together to improve transparency, efficiency and patient care, the short-term prognosis for health care in Bahrain is positive. The government has devoted more of its national...

Recognised by the government as an engine for growth, economic diversification and social cohesion, the telecoms sector in Bahrain is expected to play a vital role in enabling the kingdom to achieve its ambition of becoming a regional centre for digital technology. Since ownership was liberalised in the early 21st century, the industry has made a...