Bahrain

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Chapter | Country Profile from The Report: Bahrain 2018

For much of its history Bahrain was the name for the eastern coast of Arabia. Bahrain means “two seas” in Arabic, and although it is unclear which two seas the name refers to, it has recently come to identify the 33 natural islands of the Awal archipelago. The first notable inhabitants of the region were the Dilmun civilisation, approximately 6000 years ago, but throughout history its...

Bahrain has moved forward with plans to improve national infrastructure as part of its economic development strategy, announcing a series of tenders relating to the upgrade and expansion of the country’s airport.

Continued fiscal consolidation and reform, combined with steady growth, were the hallmarks of Bahrain’s year in 2017, with a similar outlook forecast for the coming 12 months.

Bahrain’s bid to carve a niche as a regional centre of ICT innovation took a step forward following the decision by Amazon Web Services (AWS) to base its first Middle Eastern cloud technology data centre in the kingdom.

Rising demand for residential and retail development is driving rapid expansion in Bahrain’s real estate sector, with billions of dollars worth of mixed-use projects to be launched in the near future, while new regulatory measures have been issued aimed at increasing market stability and long-term growth.

Several new projects will expand Bahrain’s power generation capacity, as the kingdom aims to meet rising demand from both residential and industrial consumers.

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