For over 4,000 years
Bahrain has been a hub of trade and commerce, and with the support of the government’s progressive vision, now has one of the most diverse economies in the Gulf.
The launch of the Economic Vision 2030, which drives the development of Bahrain’s economy and community, means the Kingdom will remain a hub of global trade in both skills and knowledge.
Economic Overview
By carefully cultivating a flourishing commercial ecosystem, the Kingdom now has a diverse and technologically sophisticated market. It is particularly strong in finance and ICT as well as its manufacturing, logistics and tourism sectors, primed to grow exponentially over the next few years as investors take advantage of Bahrain’s access to the $1.5 trillion Gulf market.
According to the annual Global Competitiveness Index, Bahrain consistently ranks in the top 40 out of over 150 economies, using key enablers such as: infrastructure, ICT adoption, macroeconomic stability, human capital, market size and business dynamism. This is in part due to liberal economic policies, world-class infrastructure, receptiveness to foreign investment and development opportunities where businesses of all sizes can flourish – from start-ups to established multi-national firms.
Bahrain is an emerging industry leader within the Gulf Cooperation Council (GCC) and the wider MENA region.
For a more detailed look at business sectors in Bahrain, as well as potential investment opportunities, visit the Bahrain Economic Development Board website.
Living in Bahrain
Bahrain is continuously ranked as one of the best in the Middle East for work-life balance and is often cited as being one of the top countries in the world to live, work and raise a family. High living standards, a multi-cultural environment and a vibrant culture are just some of the reasons Bahrain is such a highly regarded destination.
Considered the natural gateway to the Gulf, the Kingdom of Bahrain has positioned itself as a dynamic global business destination.
Major corporations have selected Bahrain as their preferred base for regional operations, making use of its accommodative investment climate and increasingly digitalised economy, further accelerating the Kingdom’s reputation as a significant player in the region and beyond.