The launch of Bahrain’s Real Estate Regulatory Authority (RERA) on March 1 seeks to drive growth in the real estate sector by improving industry standards and transparency, moves that could increase foreign investment.
RERA is charged with overseeing the property sector,...
Bahrain has moved to improve its start-up ecosystem as part of plans to further diversify the economy, launching a new funding and training initiative specifically targeting entrepreneurs and small and medium-sized enterprises (SMEs).
Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
Bahrain’s sharia-compliant insurance industry has developed rapidly in the years following the turn of the century. According to a report by multinational professional services firm EY, in 2001 takaful (Islamic insurance) accounted for 3% of the sector’s gross written premium (GWP), but by 2016 it had expanded to capture nearly a...
In 2002 Bahrain was among the first GCC countries to introduce legislation regarding electronic transactions. Legislative Decree No. 28 of 2002 promulgating the Electronic Transactions Law governs a wide array of electronic transactions and includes provisions on various issues, from the legal recognition of electronic records to formalities...
Bahrain Defence Force +973 17 653 333 Cabinet Affairs +973 17 223 366 Education +973 17 278 999 Finance +973 17 575 000 Foreign Affairs +973 17 227 555 Health +973 17 288 888 Housing +973 17 533 000 Industry, Commerce & Tourism +973 17 574 777 Information Affairs & Parliamentary Affairs +973 17 871 111 Interior +973 17 572 222 Justice...
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