Innovation-Driven Economy

The Kingdom of Bahrain boasts a business-friendly economy due to its world-class infrastructure and business environment that supports investment and has the most diversified economy in the GCC region due to its unique positioning on the map at the centre of the Gulf which allows for optimum use of its major international airport, short sea links throughout the Gulf and direct connection to the road networks of the Arabian peninsula. Bahrain has ranked fourth in the Global Competitiveness Report among 141 countries which was announced at the World Economic Forum (WEF2019).

Currently, Bahrain is focused on its economic growth in the digital economy by empowering local organizations to expedite their digital transformation journey and investing in emerging technologies.

• In addition, Bahrain economy offers investors:
  • Bahrain allows 100% foreign ownership for most activities full foreign ownership in companies involved in oil and gas drilling activities and is the only GCC state to permit freedom across all sectors and in which the entire country is effectively a free zone.
  • A highly skilled tech-savvy bilingual workforce.
  • A highly integrated logistics hub, with a community of sophisticated freight forwarding operators and transport companies.
  • 0% corporate tax rate and no income taxes.