Electronic commerce, more than any other facet of the economy, holds the potential to transform the GCC in exciting ways over the next few years. Taking into consideration that mobile phone subscriptions have already outpaced population numbers throughout the region – by 2.1 times in Bahrain and the UAE, for instance – it is a … Continued
Bahrain has long been known as a regional pioneer in building and sustaining a robust and future-ready economy. It was the first GCC country to diversify away from oil, granting the private sector a vital role in the Kingdom’s economic growth. These developments build on a firmly established business ecosystem in Bahrain. Bahrain is due to implement four new laws to build on its firmly established business ecosystem.
When we speak to investors, one of the first questions we get asked is how they can access the GCC market. Our role at the EDB goes far beyond investment promotion – we help businesses throughout the setup process and beyond. Our aim is to help identify and connect sector-specific opportunities with the GCC market – so we work with entities across the public and private sector to help achieve this.
Bahrain has long been known as a regional pioneer in building and sustaining a robust and future-ready economy. It was the first GCC country to diversify away from oil, granting the private sector a vital role in the Kingdom’s economic growth. These developments build on a firmly established business ecosystem in Bahrain. Bahrain is due to implement four new laws to build on its firmly established business ecosystem.
Team Bahrain is about Bahrain’s agile government working together and with the private sector to create bespoke solutions for investors and entrepreneurs looking to base their activities in the Kingdom.
Technology-led innovation is disrupting economies around the world, and here in the GCC it’s a central pillar of the radical economic transformation that is creating exciting new opportunities across the region.
Bahrain has implemented a number of initiatives in recent years, aimed at making it easier to do business in the Kingdom. Among the most prominent of these is the new Trusts Law – putting Bahrain on par with many of the world’s leading international financial centers and opening a range of new opportunities for individuals and businesses.
