The Middle East Economy

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LANGUAGE: Arabic is the official language, although English is the most widely spoken language in Dubai. Public signs are often in both Arabic and English. Other languages in common use include Hindi, Urdu, Tagalog, Persian, Chinese, French and Russian.

Articles & Analysis | Bahrain in brief: from The Report: Bahrain 2019

 

The kingdom is among the smaller economies in the GCC, but is also one of the most diversified, with particularly well-developed financial services and manufacturing sectors. Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-...

 

Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...

 

Decades of growth in trade and foreign investment have made the economies of the world more interdependent than ever before. This trend has been reinforced by the steady liberalisation of international trade and investment at the bilateral, plurilateral and multilateral levels. National economic specialisations, and regional economic and...

 

Bahrain is among the smaller economies in the GCC, but it is also one of the more diversified ones, with particularly well-developed financial services and manufacturing sectors. Despite its diversified economy, Bahrain nonetheless faced pressures in recent years as a result of the 2014-15 drop in oil prices.

 

MINISTRIES & GOVERNMENT ORGANISATIONS 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 +973 17 871...

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