The Kingdom of Bahrain may be geographically compact, but it's growing economy offers exciting investment opportunities within a supportive business environment designed to help your company flourish.
The economy of Bahrain is the most diversified in the MENA region, with particular strengths in financial services, technology sectors and related industries. Careful management of business policies and laws gives even small businesses the opportunity to thrive.
There are many reasons to do business in Bahrain, including the central Gulf location with unrivalled entry to neighbouring countries by road, air, and sea, low cost of operations, a Bahraini population that makes up a talented workforce, and stable economy.
Dynamic, cosmopolitan, modern, liberal, and driven by a spirit of entrepreneurship, Bahrain has so much more to it than you may realise. Bahrain has been focused on economic diversification and boasts strong competitive advantages for the potential investor. Have a closer look at the best country to invest in MENA*, and the perfect destination for the expansion of your business within the GCC
Vision 2030 is a comprehensive economic vision for Bahrain providing a clear direction for the continued development of the Bahraini economy and at its heart is a shared goal of building a better life for every Bahraini. Vision 2030 has been developed over the course of four years in consultation with over 300 Bahrainis from the private sector academia and the public sector. The country’s future economic prosperity relies on our ability to respond to the challenges and opportunities presented by the world around us.
If you are planning on travelling to The Kingdom of Bahrain anytime soon; then you are probably searching for the best hotels in Bahrain.
Considered to be the hub of some of the best hotels in the GCC region and one of the most visited countries in the Middle East, Bahrain’s hospitality sector boasts a number of regal hotels & 5 star restaurants that are not to be missed!
Everything is Azur Blue and coming up green as money. It's where palm trees sway in the gorgeous island garden that is the Kingdom of Bahrain.
Bahrain Economic Overview
GCC- Gulf Economic OverView
Bahrain's infrastructure is modern, and the government is currently forging ahead with several major projects. These include constructing a new water distribution network, upgrading the Sitrah power and water station, and expanding other water, power, and waste-treatment facilities.
Bahrain's road network, with 2,433 kilometers (1,511 miles) of paved roads, is excellent. The low fees of Bahrain International Airport, located on Al-Muharraq Island, have turned it into a regional hub. The principal port, Mina' Salman, handles most of the country's general cargo, and petroleum products are loaded at the Sitrah jetty. A national bus company provides public transport throughout the populated areas of the country.
Qal’at al-Bahrain, also known as the Bahrain Fort or Portuguese Fort, is an archaeological site in Bahrain.
Since 1954, archaeological excavations carried out here have unearthed antiquities dating to between 2300 BC and the 18th Century, belonging to the Kassites, Greeks, Portuguese, and Persians. The fort was declared a UNESCO World Heritage Site in 2005.
The kingdom of Bahrain was one of the first countries in the GCC to discover oil and to build a refinery. And also one of the first countries in the area to diversify the oil based economy. The kingdom has always strived for innovation, even in architecture. Bahrain buildings comprise some of the most interesting structures in the region.
Creating a wonderful architectural diversity within Bahrain buildings; some old, some contemporary, one still in the planning stage, but all just as iconic and wonderful as the next.
Bahrain is a hub of affordable business start ups. Companies from around the world set up in the Bahrain business hub every day and one of the things we have noticed in the last year or so is that investors around the world are increasingly excited about the $1.5tn GCC market.
The rapid transformation taking place across these economies is opening new opportunities that have been closed in the past – aided by major reforms that open the region to foreign investors and a $2tn projects pipeline.
The youth and sports movement reached advanced stages internationally as a result of the strategy of His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Charity Works and Youth Affairs, Chairman of the Supreme Council for Youth and Sports and President of Bahrain Olympic Committee, and the efforts of His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council of Youth and Sports and President of Bahrain Athletics Association.
H.H. Shaikh Nasser stressed the importance of the new edict which, he said, would enable Bahraini young people to build a better future by establishing trade projects and small and medium enterprises (SMEs) which represent an integral part of the national economy.
The edict stipulates the regulations allowing minors and people aged 18 to set up trade companies. It represents the fruit yielded by the 2018 Youth Summit, which was one of the initiatives of the national programme to develop the youth and sports sectors.
H.H.Shaikh Nassar highlighted the vision of His Royal Highness Prince Salman bin Hamad Al-Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Premier to facilitate the entry of Bahraini young people into the labour market and establish trade companies.
Bahraini athletes won 511 medals in 2016 which included His Highness Shaikh Nasser bin Hamad Al Khalifa’s bronze medal in the World Endurance Championship in Slovakia. Despite Mixed Martial Arts (MMA) being a fairly new sport in Bahrain, the MMA team of His Highness Shaikh Khalid bin Hamad Al Khalifa won the Bronze medal in the IMMAF World championships of Amateur MMA in Las Vegas. Bahraini runner Ruth Jebet also won the Olympic Gold medal in the 3000 meters steeplechase in Rio.
Youth & Sports Massage
To match the global development in the field of youths and sports and to translate that into a set of programs for youths which will enable them to enrich the sustainable development and competitive edge in the Kingdom.
Values
Sense of Belonging: Loyalty and sense of responsibility, commitment towards the corporate, colleagues and clients through teamwork and cooperation and keenness to achieve excellence at work and believing in development and improvement.
Transparency: Exchange of knowledge and information and making it available for everyone and to clarify the decisions, tasks and procedures professionally through communications and making the measures known to everyone.
Communications: To achieve effective communications with all parties concerned about the work of the corporate and to exchange ideas and information based on mutual interests.
Team Spirit: Comprehensive harmonious team work to achieve the vision of the Ministry of Youth and Sports Affairs and its strategic goals. The spirit of the team based on defining the roles and the management roles. Work is carried out according to team work principles as each one's work will compliment the other.
Modernity: To match everything that is modern and new in all the domains covered by the Ministry as in the field of electronic communications and different ways and modern capacities.
Continuous Learning: To run the Ministry through the implementation of the continuous learning principles and to benefit from its experiences and experiences of other excellent establishments to apply best practices, and to match the latest in the field of development and improvement for the benefit of the overall performance.
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In the tourism and culture sectors, Mai Al Khalifa's vision was turned into reality when she launched the ‘Invest in Culture’ scheme in 2006. An overarching and unpredicted initiative in the Middle East NorthAfrica region (MENA), the
program cultivates active partnership between public and
private organizations. To date, the initiative has secured a total of
US$150 million in support of cultural tourism projects.
In 2019, the Kingdom of Bahrain won the prestigious Aga Khan
Architecture Award for the revitalization of the historic town
of Muharraq. The link between culture, tourism and sustainable
development has always been foregrounded in her work and was
recognized in her appointment in 2017 as the UNWTO Special Ambassador of the International Year of Sustainable
Tourism for Development.
Mai Al Khalifa is the recipient of many distinguished awards, including the Chevalier de la Légion d’Honneur, The Watch Award of the World Monuments Fund and The Colbert
Prize for Creativity and Heritage. She is also recognized as an
outstanding leader of organizations within both the governmental and non-governmental sectors, having received in 2004 the ‘
Distinguished Arab Woman in the field of Administrative
Leadership' prize from the Center of Woman Studies, Paris,
and the Arab League prize for Administrative Competence and Excellence
Under her leadership, the Bahrain Authority for Culture and Antiquities has significantly enhanced the preservation and establishment of sites that promote heritage tourism: three of these sites are now on the World Heritage List. Her most recent work has focused on the craft sector, establishing creative local economies in line with the international goals of Sustainable Development (SDG).
Vision 2030 is a comprehensive economic vision for Bahrain providing a clear direction for the continued development of the Bahraini economy and at its heart is a shared goal of building a better life for every Bahraini. Vision 2030 has been developed over the course of four years in consultation with over 300 Bahrainis from the private sector academia and the public sector. The country’s future economic prosperity relies on our ability to respond to the challenges and opportunities presented by the world around us.
We strive to stay in communication with our clients. Have a question about Bahrain, or want to see if we can find a company that matches your specific needs? Send us a message, or give us a call on whatsApp.. Bahrainys love their nation & it's always our pleasure to satisfy our new clients or vistors needs!
Incredible Bahrain!
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