Bahrain, one of the world’s most fastest growing financial centres, is a promising economy in MENA (Middle East and North Africa). Bahrain is currently the world 12th most liberal economy. The Bahrainis currency is the second-highest-valued currency unit in the world and supportive government policy is attracting more investors and businesses to invest in.
Vision of Bahrain
According to the Vision 2030, Bahrain development is focused on three guiding principles: sustainability, fairness and competitiveness. Innovation and entrepreneurial spirit is target for the economy to develop. Bahrain aims to expand their economic sectors, not only focusing on oil wealth. The economy will be shaped by government and driven by a pioneer private sector to become globally competitively.
Sectors to invest:
- Financial services
- Information Communications & Technology
- Tourism and leisure
What government is doing to attract investments
Bahrain government promise to keep a supportive to private company and enterprise to invest in Bahrain years. Moreover, over USD 150 millions awarded each year in start-up loans by Bahrainis Development Bank. Supportive visa policies make international business easier in the country.
What’s about startups?
Bahrain focuses on the attraction on the early stage companies. Together with easy regulations that allow 100% foreign ownership, low taxes and serious funding sources for startups basing themselves in Bahrain bring international entrepreneurs to the country.
Events to attend
- Startup Weekend Bahrain
- Seedstar GCC
- Seedstars MENA