Over 4,000 years Bahrain has been one of the Gulf’s main commercial intersections.
The Arabic word Bahrain means ‘two seas’. The islands derives sweet water springs and salty water in the sea.
Bahrain was the first state in the Gulf region to discover oil in 1932. Bahrain has become the region’s foremost business centre since the 1980s. Since then industrial, logistics, infrastructures, professional services and property management have all become essential sectors. All through this period, Bahrain has given great attention towards enhancing the skills and talents of the Bahraini people.
Bahrain became a constitutional hereditary in 2002, and a democratically elected parliament was established. The kingdom is led by His Majesty King Hamad bin Isa Al Khalifa, the prime Minister His Royal Highness Prince Khalifa bin Salman Al-Khalifa and The Crown Prince His royal Highness Prince Salman bin Hamad bin Isa Al-Khalifa .
Bahrain is a collection of 33 islands located in the Arabian Gulf. King Fahad Causeway links Bahrain and Saudi. The majority of the population live in the capital Manama, located on the northern side of the island.
Starting from April to October are the summer months, temperatures range around 37-40°C. Winter time, temperatures average between 10°C and 20°C.
Over the past 10 years Bahrain has positively grown, due to the liberal economic policies. According to the Central Informatics Organisation the kingdom’s annual real GDP growth ranged between 3.1% and 8.4% over the period.
Looking in to the future, the Economic Vision 2030 aims for making Bahrain a more sustainable, competitive and fair economy, with an objective to increase household incomes within the next 20 years.
The kingdom is a holiday destination. It is known to be a cosmopolitan capital city, with a liberal lifestyle, rich in history and culture. With various touristic attractions, Cultural tourism in Bahrain is thriving. Bahrain Fort Site and Museum, built over 4000 years of continuous occupation. The site is registered as a UNESCO World heritage Site.
Bahraini Dinar is the official currency composed at units of 1000 fils
US $1= .378 fils
Bahrain Economic Facts
|GDP at current market prices||||BD2,731.3million (2012, Q2)|||
|GDP growth||||3.9% (2012)|||
Bahrain for expat families is a striking destination, due to its multi-cultural and multi- ethnic society, the low cost of living, excellent educational and healthcare facilities.
|Bahraini 62.4%,||non Bahraini 37.6% (2001 est.)|
Islam is the official religion of the Kingdom of Bahrain. However, followers of other religions enjoy freedom of worship.
Islam (83%) Christianity (9.5%) Hinduism (6.3%) Baha’i’ Faith (0.22%) Buddhism (0.19%)
The official language is Arabic. However, English is compulsory to learn in schools.