Real estate investors will pour $10bn into the hospitality sector in Bahrain by 2020, according to the Economic Development Board of Bahrain (EDB), as a raft of new luxury hotels and resorts is built across some of the country’s 33 islands. The developments will cater to people looking for anything from a downtown retail excursion to a...
Part of Bahrain’s tourism strategy is to market experiences as well as the destination, and the country’s leaders have recognised that a full calendar of regular events helps to attract new visitors each year, but also drums up repeat business. At the outset of the 21st century the country invested $150m in building the Middle East’s first...
Vocational training plays a key role in bridging the gap between the classroom and the workplace. The government of Bahrain has created pathways that allow students to focus on technical or professional skills at a number of points in their education, as well as when they leave school. Citizens can access financial support to pay for training...
As a leading performer in Bahrain’s economy in 2017, the tourism and leisure sector has begun measuring its success and impact in billions of dollars. The kingdom expects to see annual tourism receipts of over $1bn by 2020, by which time over $1bn will have been spent on upgrading its international airport and a further $10bn on a raft of new...
In August 2017 Bahrain’s Industrial Areas Development Directorate, which is part of the Ministry of Industry, Commerce and Tourism, moved forward with efforts to update the infrastructure of Salman Industrial City. Previously known as Al Hidd Industrial Area, the city includes Bahrain International Investment Park (BIIP), Bahrain Investment...
Since the 1970s Bahrain has made a concerted effort to diversify its economy, with efforts visible in the vibrant manufacturing segment and from the growth of the kingdom’s heavy industries. Despite the drop in state revenues due to lower global oil prices in recent years, Bahrain continues to invest in its industrial sector, notably with the...
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