The Middle East Economy

Displaying 835 - 840 of 2003

Chapter | Country Profile from The Report: Bahrain 2017

The kingdom of Bahrain has been ruled as a constitutional monarchy since 2002 under the leadership of Sheikh Hamad bin Isa Al Khalifa. The country pioneered the Middle East’s oil production in 1932, thus establishing the region’s initial framework for the petroleum industry. The energy sector remains a pillar of the kingdom’s economy, accounting for the bulk of government revenues but a...

Bahrain has embarked on a reworking of its subsidy framework in a bid to ease the budgetary pressures associated with the fall in oil prices. Meanwhile, the government is also pushing forward with diversification efforts, with the kingdom’s $32bn investment strategy fuelling activity in various areas of the economy. 

 

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...

Articles & Analysis | Useful tips for new arrivals from The Report: Bahrain 2017

 

NATIONAL CHARACTER: While Bahrainis are interested in and open to foreign cultures, they are also very proud of their own identity, history and culture, and they are willing to share their local customs and traditions with those who are keen to learn.

 

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An improved business environment in Bahrain could significantly enhance the economic contribution of smaller-scale enterprises, as local start-ups continue to ink deals with international companies, though weaknesses in key areas risk hindering entrepreneurial development.

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