About Bahrain
The history of Bahrain tells a rich story of economic growth and diversification, with an impact on the world that far outstrips our compact size. Take a look at this collection of interesting facts about Bahrain and find out about the facets of our offer which have been integral to our success and which position us strongly for the future.
A commercial crossroads for 4,000 years
The word Bahrain means ‘two seas’ in Arabic and our geographic position has been important throughout our long history as a trading centre linking east and west. A major stopping point for foreign merchants and home to the rich pearl diving industry, Bahrain made a name for itself as the Gulf’s pre-eminent trading hub. The history of Bahrain, its government and its influence on the surrounding world are impressive and far-reaching
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Getting to Bahrain
Every major city in the GCC can be reached within an hour’s flying time from Bahrain including Dubai and Abu Dhabi. The airport is currently served by its flag carrier, Gulf Air, and other major carriers including British Airways, Egyptair, Emirates, Etihad, Indigo, Lufthansa, Qatar Airways and Turkish Airlines.
Things to Do
Bahrain offers a diverse range of activities for every traveler. For those seeking to understand more of our nation's past, you can visit the Bahrain National Museum or the ancient burial mounds of A'ali. The stunningly restored 'Pearling Path' in Muharraq also provide a uniqu experience of the Bahrain from days gone by. Thrill-seekers can experience the excitement of the Bahrain International Circuit, home to the Formula 1 Grand Prix, or enjoy watersports along the stunning coastline. For a taste of local culture, explore the vibrant Manama Souq, brimming with spices, textiles, and traditional crafts. Whether you seek adventure, relaxation, or cultural immersion, Bahrain has something to offer everyone.
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Where to Eat
Bahrain's culinary scene is a melting pot of flavors, reflecting its diverse cultural influences. Indulge in traditional Bahraini cuisine, savoring dishes like Machboos (spiced rice with meat or fish) and Balaleet (sweet vermicelli noodles with eggs). Explore the numerous restaurants offering international fare, from Italian to Japanese, or savor fresh seafood at one of the many waterfront eateries.
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The Economy
The GCC’s most established financial services sector. Acknowledged as the GCC’s financial capital, Bahrain has built a financial services sector comprising 367 local, regional and global institutions.
A regional financial services hub in Bahrain will put you at the centre of a growing concentration of wealth. The regional market is valued at USD 1.67 trillion and Bahrain finance companies are at the heart of the GCC as well as the wider MENA region. Whether you are an international or Bahrain finance company, financial services company, banking company, or exchange company, the Kingdom’s progressive regulatory environment ensures the region’s longest established financial centre remains its most innovative.
Economic Vision
Paving its way into the 21st century, Bahrain has the most diversified economy in the GCC region, having seen strong growth in the financial services, technology innovation, manufacturing, and logistics sectors. Striving towards becoming a digital economy and the region’s FinTech center, Bahrain continues to expand its commercial prowess in the region.
6th In MENA for Global Connectedness
Easy access to $2.08 Trillion Market and 58 Minutes Consumer Market
24 Countries Have a free trade agreement with Bahrain
34 Countries Have Investment Protection and Promotion Agreements
41 Countries Have double Taxation Avoidance Agreements
Catchment & Demographic
The population of Bahrain offers a highly skilled local and global workforce with the best human capital development in the Middle East and North Africa (MENA). Bahrain demographics provide an ideal mix of qualities for businesses looking to hire top talent and sustain long-term growth.
The workforce in Bahrain has exploded over the last 10 years, rising from nearly 700,000 to over 1 million individuals. It is estimated the population of Bahrain will surpass 2 million individuals before 2030 allowing for the labour force to increase as well.
Bahrain's strategic location and forward-thinking policies have led to free trade agreements with 22 countries, opening doors for seamless international trade. As a testament to its commitment to investor protection, Bahrain has secured investment protection and promotion agreements with 34 countries, ensuring a secure and favorable investment environment.
Additionally, with double taxation avoidance agreements in place with 41 countries, Bahrain provides a conducive and tax-efficient platform for your business to flourish.
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