Useful information for business travelers

With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf. 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. The financial and construction sectors have also bolstered GDP growth. 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. Unemployment, especially among the young, and the depletion of oil and underground water resources are major long-term economic problems

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Hotels in BAHRAIN

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