Bahrain was ranked the world’s 44th most competitive country, according to the World Economic Forum’s 2014-2015 Global Competitiveness Report. As such, it provides a prolific environment for economic development and is established in many sectors as global leaders. Moreover, its liberal economic policies in tandem with its tax free income makes it a very desirable site for global investment. It has 64 bilateral agreements and 32 MOUs on economic, trade and technical cooperation which makes it eminently easy to do business with. Of these, it has three important cooperation agreements with the United Kingdom – the 2006 agreement for promotion of protection investments, the 2007 cooperation agreement between Bahrain Stock Exchange and London Stock Exchange as well as the 2012 defense co-operation agreement.
Sectors in Which to Invest
Financial Services: If you are looking to make a global investment in the financial sector, Bahrain is the perfect choice as the financial hub of the Middle East for the past 40 years. It has a diverse and mature financial environment that is bound to yield good returns.
Downstream Industries: This refers to the refining of petroleum crude oil business which is a large portion of the country's income. It is important to note that there is a tax only on the profits of any business related to fuel and petroleum. However, despite this it is a high yielding investment.
Logistics: Middle East is the hub of logistics and within it, Bahrain holds a strategic place owing to its favourable geographical location. As owners of superior transport infrastructure and being an easy transit to any place in the region, Bahrain leads in logistics.
Business Services: The expansion of various sectors require the growth of business services and is, therefore, one of the key investment areas of the country.
Healthcare: Bahrain is looking to increase technical expertise and medical research within its territory and as such is encouraging global investment in the sector. It is also recruiting the best of medical professionals from the world over, offering them an attractive tax free remuneration and a world class lifestyle.
Education and Training: The kingdom boasts of the most trained workforce in the region and takes pride in developing its education and training sector. The Knowledge and Human Development Authority of the country regulates educational institutions making sure that they maintain global standards and are conducive to constant innovation.
Therefore, Bahrain has grown to become a compelling destination for foreign direct investment, as well as a desirable lifestyle location for professional families living and working in the Gulf.
Sectors in Which to Invest
Financial Services: If you are looking to make a global investment in the financial sector, Bahrain is the perfect choice as the financial hub of the Middle East for the past 40 years. It has a diverse and mature financial environment that is bound to yield good returns.
Downstream Industries: This refers to the refining of petroleum crude oil business which is a large portion of the country's income. It is important to note that there is a tax only on the profits of any business related to fuel and petroleum. However, despite this it is a high yielding investment.
Logistics: Middle East is the hub of logistics and within it, Bahrain holds a strategic place owing to its favourable geographical location. As owners of superior transport infrastructure and being an easy transit to any place in the region, Bahrain leads in logistics.
Business Services: The expansion of various sectors require the growth of business services and is, therefore, one of the key investment areas of the country.
Healthcare: Bahrain is looking to increase technical expertise and medical research within its territory and as such is encouraging global investment in the sector. It is also recruiting the best of medical professionals from the world over, offering them an attractive tax free remuneration and a world class lifestyle.
Education and Training: The kingdom boasts of the most trained workforce in the region and takes pride in developing its education and training sector. The Knowledge and Human Development Authority of the country regulates educational institutions making sure that they maintain global standards and are conducive to constant innovation.
Therefore, Bahrain has grown to become a compelling destination for foreign direct investment, as well as a desirable lifestyle location for professional families living and working in the Gulf.