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Topic: Economy of Bahrain


  
  Economy of Bahrain
Bahrain has a mixed economy, with government control of many basic industries, including the important oil and aluminum industries.
Bahrain has stabilized its oil production at about 40,000 barrels (6,400 m³) per day, and reserves are expected to last 10 to 15 years.
Bahrain's international airport is one of busiest in the Persian Gulf, serving 22 carriers.
www.xasa.com /wiki/en/wikipedia/e/ec/economy_of_bahrain.html   (853 words)

  
 Bahrain (10/06)
Bahrain is one of the most densely populated countries in the Middle East; about 89% of the population lives in the two principal cities of Manama and Al Muharraq.
Bahrain promulgated a constitution and elected its first parliament in 1973, but just two years later, in August 1975, the Amir disbanded the National Assembly after it attempted to legislate the end of Al-Khalifa rule and the expulsion of the U.S. Navy from Bahrain.
Bahrain is a regional financial and business center; international financial institutions operate in Bahrain, both offshore and onshore, without impediments, and the financial sector is currently the largest contributor to GDP at 27.6%.
www.state.gov /r/pa/ei/bgn/26414.htm   (4117 words)

  
 Bahrain: Economy
The economy is heavily dependent on oil, but the government is looking for new sources of income.
First and foremost of the industries of Bahrain is the large oil refinery at the island of Sitra which processes local oil as well as oil from Saudi Arabia transported through pipe lines.
Bahrain also has become a major regional banking and communications center, as well as a centre for insurance and financing.
i-cias.com /e.o/bahrain_2.htm   (323 words)

  
 Country Profiles Foreign & Commonwealth Office
Bahrainisation, a hot topic taken seriously by industry and government in the last twenty years, may be replaced shortly by a new, less stringent system of incentives to employ Bahrainis, created by the Bahrain Economic Development Board.
Bahrain is a partner in the regional airline Gulf Air with the Sultanate of Oman (Qatar withdrew from the partnership in May 2002; Abu Dhabi began its withdrawal in September 2005).
Bahrain hosted the second Forum for the Future meeting in November 2005 to further advance the partnership between the G8 and the broader Middle East and North Africa, and hosted the IISS Gulf Dialogue in December 2005.
www.fco.gov.uk /servlet/Front?pagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1007029394365&a=KCountryProfile&aid=1019744936800   (2061 words)

  
 [No title]
Bahrain's economy is 68.4 percent free, according to our 2007 assessment, which makes it the world's 39th freest economy.
Bahrain is ranked 2nd out of 17 countries in the Middle East/North Africa region, and its economy is ideal in several respects, such as tax and banking freedom.
Bahrain's economy is very free for the Middle East, with high scores in several of the 10 factors of economic freedom.
www.heritage.org /research/features/index/country.cfm?id=Bahrain   (893 words)

  
 MapZones.com : Bahrain Map
Bahrain or Bahrein, independent state in the Middle East, comprising an archipelago of 33 islands in the southern Persian Gulf, between the Qatar Peninsula on the east and the coast of Saudi Arabia on the west, one of the Persian Gulf states.
Bahrain’s population was estimated at 645,361 in 2001, giving the country a density of 913 persons per sq km (2,366 per sq mi).
Bahrain Island accounts for seven-eighths of the country's total area and, together with the islands of Al-Muharraq and Sitrah, situated just off its northeastern coast, constitutes the population and economic centre of the country.
atlas.mapzones.com /bahrain/bahrain.php   (1562 words)

  
 globalEDGE (TM) | country insights - Economy of Bahrain   (Site not responding. Last check: 2007-10-13)
Bahrain's other industries include the majority state-owned Aluminum Bahrain (Alba)--which operates the largest aluminum smelter in the world outside Eastern Europe with an annual production of about 720,000 metric tons (mt) in 2005 after the completion of an expansion program--and related factories, such as the Aluminum Extrusion Company and the Gulf Aluminum Rolling Mill.
Bahrain is a regional financial and business center; international financial institutions operate in Bahrain, both offshore and onshore, without impediments, and the financial sector is currently the largest contributor to GDP at 24.2%.
Bahrain's international airport is one of the busiest in the Gulf.
globaledge.msu.edu /IBRD/CountryEconomy.asp?CountryID=12&RegionID=3   (875 words)

  
 Economy of Bahrain, Culture of Bahrain, Bahrain History, Bahrain Flag
Bahrain is mainly made up of the native Bahraini Arabs, who account for 63% of the population.
Apart from this, the people of Bahrain are also known for their artistic skills, the boats used for fishing and pearling, being an example of this craftsmanship.
The flag of Bahrain is red with a white serrated band, consisting of five white points on the hoist side.
www.mapsofworld.com /country-profile/bahrain1.html   (401 words)

  
 info: Economy_of_Bahrain   (Site not responding. Last check: 2007-10-13)
Bahrain's current account balance is characterized by surpluses in merchandise trade and international services, and a large deficit in unilateral transfers, which is accounted for by the country's large expatriate workforce sending home a portion of its earnings.
Bahrain's urgency in embracing economic liberalisation is due to its need to diversify the economy away from its limited oil supplies.
Bahrain’s economy is closely integrated with those of its neighbors in the Gulf Cooperative Council (GCC).
www.napoli-pizza.net /Economy_of_Bahrain.html   (2166 words)

  
 Bahrain - The Economy
Despite the scant rainfall and poor soil, agriculture historically was an important sector of the economy.
The waters surrounding Bahrain traditionally have been rich in more than 200 varieties of fish, many of which constitute a staple of the diet.
The slicks were detrimental to the unique marine life in the vicinity of Bahrain, including coral reefs, sea turtles, dugongs (herbivorous sea mammals similar to manatees), oyster beds and shrimp beds, numerous fish species, and water fowl.
countrystudies.us /persian-gulf-states/36.htm   (763 words)

  
 albawaba.com middle east news information::Global : Robust economy driving Bahrain real estate activity   (Site not responding. Last check: 2007-10-13)
Bahrain's economy continued its positive momentum in 2005, with a 5.6% growth in nominal GDP reaching BD4.37bn on the back of high oil prices coupled with ongoing public and state-backed industrial and infrastructure projects.
It is believed that the residential sector in Bahrain has been saturated with high-profile commercial properties and luxury residential properties leaving the country short of housing for low income groups.
An open economy, along with the flexible regulations allowing full foreign ownership of industrial land are expected to drive the demand for industrial space in Bahrain.
www.albawaba.com /en/countries/Bahrain/198096   (1049 words)

  
 Bahrain: Economy — Infoplease.com
Bahrain was once a chief center of pearling, but the industry declined in the 20th cent.
However, Bahrain is expected to be the first Persian Gulf nation to run dry of oil, and steps have been taken to diversify the nonagricultural sector of the economy.
Gulf cooperation council goes for growth: high-growth Gulf economies are poised for continued robust expansion in 2007 and beyond.......
www.infoplease.com /ce6/world/A0856817.html   (300 words)

  
 State of the Union Address
Tonight, with a healthy, growing economy, with more Americans going back to work, with our nation an active force for good in the world -- the state of our union is confident and strong.
First, we must be good stewards of this economy, and renew the great institutions on which millions of our fellow citizens rely.
To make our economy stronger and more productive, we must make health care more affordable, and give families greater access to good coverage -- (applause) -- and more control over their health decisions.
www.whitehouse.gov /news/releases/2005/02/20050202-11.html   (5005 words)

  
 Bahrain Economy. The economy of Bahrain
Today the economy consists of oil refining and petrochemicals, which account for 60% of government revenues, and 30% of GDP of export receipts, aluminium and ship-repairing.
Of the 3.3 million visitors who entered Bahrain, 94 percent were from neighbouring GCC States, and 2.5 million entered the country via the King Fahad Causeway.
The importance of Bahrain's accessibility to the neighbouring GCC States, particularly Saudi Arabia, has thus proved paramount to the growth of the tourism industry in Bahrain.
www.newarabia.net /Bahrain_Economy.htm   (166 words)

  
 :: EDB :: Home
Working in close partnership with Government bodies and private-sector companies, we are creating the optimum business environment for Bahrain, to ensure our country attracts investment from abroad as well as encouraging the strong development of our home-grown companies.
Bahrain is already the most free economy in the Middle East, with business-friendly policies in a range of areas.
Bahrain is an Arabic word meaning "Two Seas", and refers to two facts, one that the islands contain two sources of water, sweet water springs...
www.bahrain.com   (272 words)

  
 Bahrain | AME Info Country Guide
Bahrain is an archipelago of 33 islands in the Arabian Gulf offering a blend of ancient and modern.
Manama, Bahrain's capital, is modern, dominated by a Manhattan-style skyline.
To sample some of Bahrain's past, a visit to the A'ali Burial Mounds (the world's largest cemetery) is recommended.
www.ameinfo.com /bahrain   (554 words)

  
 Bahrain Economy   (Site not responding. Last check: 2007-10-13)
In Bahrain, petroleum production and refining account for about 60% of export receipts, 60% of government revenues, and 30% of GDP.
With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf.
Bahrain is dependent on Saudi Arabia for oil revenue granted as aid.
www.mebfc.org /Arab_World/Bahrain_Economy.html   (308 words)

  
 Qatar (10/06)
The Al Khalifa family of Bahrain dominated the area until 1868 when, at the request of Qatari nobles, the British negotiated the termination of the Bahraini claim, except for the payment of tribute.
Qatar's economy suffered a downturn from in the mid-1990s.
With the economy recovering in the late 1990s, expatriate populations have grown again.
www.state.gov /r/pa/ei/bgn/5437.htm   (2859 words)

  
 Bahrain International Circuit » Desert400 Brings Economy Boom To Bahrain   (Site not responding. Last check: 2007-10-13)
As the financial hub of the Middle East, Bahrain is a successful nation – but the global renown of the BIC and a successful motor sport industry are winning new business links and income for the country.
Meanwhile in the region, Al Jazeera is filming a half-hour special on the arrival of the V8 Supercars and the launch of the Lumina CSV Championship Middle East to be broadcast across the Middle East and North Africa focusing on Bahrain’s leadership in the sport in the Middle East.
Bahrain will provide a welcome to almost 2000 Australians flying in especially for the penultimate round of a thrilling Supercar season.
www.bahraingp.com.bh /desert400-brings-economy-boom-to-bahrain.html   (703 words)

  
 Economy Of Bahrain   (Site not responding. Last check: 2007-10-13)
If you would like to use this flag of Bahrain or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Bahrain or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Bahrain or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/bahrain_country_economy.shtml   (405 words)

  
 BAHRAIN FINANCIAL HARBOUR   (Site not responding. Last check: 2007-10-13)
Abdulla bin Hassan Saif, Minister of Finance and National Economy in Bahrain, Mr.
At the CRC, the Senior Officials of Bahrain Financial Harbour presented the master plan of the BFH development and updated H.E. Al Hariri on the project’s regional nature as well as its value added to both the economy of Bahrain and the region by attracting inwards investments.
Al Hariri was impressed with the fast-track development of the BFH project which is being developed as a regional and national landmark.
www.bfharbour.com /html/press_release19.html   (203 words)

  
 NCBuy: Bahrain Country Reference
Bahrain's small size and central location among Persian Gulf countries require it to play a delicate balancing act in foreign affairs among its larger neighbors.
In October 2002, Bahrainis elected members of the lower house of Bahrain's reconstituted bicameral legislature, the National Assembly.
Map of Bahrain (Location) : 26 00 N, 50 33 E, Middle East, archipelago in the Persian Gulf, east of Saudi Arabia.
www.ncbuy.com /reference/country/intro_ba.html   (230 words)

  
 Bahrain Tribune Daily Newspaper, Bahrain   (Site not responding. Last check: 2007-10-13)
BAHRAIN’S economy is booming and multibillion dollars infrastructure development projects in tourism, real estate and other sectors are result of the leadership’s vision and proof of investor’s confidence in the national economy, the Minister of Information, Dr Mohammed Abdulghaffar, has said, writes Mehmood Rafique.
In addition to the FTA and other bilateral agreements, Bahrain’s initiative to modernise its national economy has provided strong support to the national initiatives aimed at making Bahrain a hub for tourism, investments and trade.
It is a clear proof of the Government’s commitment to strengthen the national economy,” the minister said.
www.bahraintribune.com /ArticleDetail.asp?CategoryId=5&ArticleId=73047   (670 words)

  
 Bahrain-Business & Economy تجارة و أقتصاد   (Site not responding. Last check: 2007-10-13)
Read about this economy which is dependent on petroleum production and processing and view a list of economic indicators.
Bahrain, an island of opportunities in the Gulf, is becoming well-known as a first rate venue for major international conferences and exhibitions.
Central index of economics institutions (academic, governmental and non-profit) in Bahrain.
www.arabinfoseek.com /bahrain-business_&_economy.htm   (159 words)

  
 Order Bahrain Dinar from Onlinefx for next working day delivery.
In Bahrain credit and debit cards usage is growing with about 20% of the population now opting to pay by plastic.
There is still a largely cash based economy and it is best to only take credit cards for emergencies and carry around mostly cash.
A rough guide to the tourists rates for the Bahrain Dinar since the beginning of 2002.
www.onlinefx.co.uk /fx/Stores/OnlineFX/bahrain.asp   (194 words)

  
 Asia Travel » Economy of Bahrain : Journey to Asia
Bahrain is a generally flat and arid archipelago, comprising of a low desert plain rising gently to a low central...
Bahrain plays a modest, moderating role in regional politics and adheres to the views of the Arab League on Middle...
Manama (Arabic: Al-Manamah) is the capital city of Bahrain and is the country's largest city with a population of...
asia.travel-chronicle.com /asia-travel/674/economy-of-bahrain   (301 words)

  
 Bahrain - Economy
Petroleum production and refining account for about 60% of Bahrain's export receipts, 70% of government revenues, and 20% of GDP, underpinning Bahrain's strong economic growth in recent years.
Bahrain is actively pursuing the diversification and privatization of its economy to reduce the country's dependence on oil.
As part of this effort, Bahrain and the US in August 2006 implemented a Free Trade Agreement (FTA), the first FTA between the US and a Gulf state.
www.exxun.com /Bahrain/e_ec.html   (440 words)

  
 Economy of Bahrain
Bahrain was the first Arabian Gulf state to discover oil.
Bahrain's international airport is one of busiest in the Gulf, serving 22 carriers.
Economic conditions have fluctuated with the changing fortunes of oil since 1985, for example, during and following the Gulf crisis of 1990-91.
www.gotmo.net /info/economy_of_bahrain.htm   (906 words)

  
 Philippines : Gov.Ph : News : GMA, Bahrain Prime Minister witness signing of 2 accords (Printer friendly version)   (Site not responding. Last check: 2007-10-13)
The Philippines and Bahrain today signed two agreements on the avoidance of double taxation and the promotion and protection of investments in both countries.
In his statement, the Prime Minister of Bahrain said these agreements would strengthen cooperation and relations in the field of economy, trade, industry, information, education and social and labor affairs.
The Prime Minister, one of the three sons of the late Amir of Bahrain Shaikh Salman bin Hamad Al-Khalifa, also thanked President Macapagal-Arroyo for conferring on him the Sikatuna Award, with the rank of Rajah, during their meeting earlier.
www.gov.ph /news/printerfriendly.asp?i=150   (265 words)

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