The Middle East

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Despite a number of notable uncertainties in the global economy, Bahrain’s economic outlook remains largely positive. It appears that the international economy will continue to be challenged by problems such as the sovereign debt crisis in the eurozone and fiscal disputes in the US throughout 2013.

The name Bahrain means “two seas” in Arabic, referring to the seas that surround the Gulf island nation. It is unclear which seas the term specifically refers to, and for much of its history, Bahrain was the name for the province. Only recently has it come to identify the islands of the Awal archipelago.

New incentives for property buyers could stimulate activity in the residential sector of Bahrain’s real estate market, a segment that is beginning to see signs of limited recovery.
Turkey is planning to polish its credentials as an international transportation hub by building one of the world’s largest airports in Istanbul, a facility that is intended to serve the growing travel market and also cater to transit traffic, though it will face stiff competition from established airports in the Middle East and Europe.
New investments in Oman’s agro-industries will not only help bolster the Sultanate’s food security and ease reliance on imports, but also have the capacity to provide increased business opportunities in food processing and support services.

Chapter | The Guide from The Report: Bahrain 2013

This chapter features a rundown of the island’s leading hotels and contact information for various institutions, including government ministries, foreign consulates and embassies, emergency services, tourism companies and local media. It also includes information on society and etiquette, language, transport and visas for both business visitors and tourists.

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