|Halal Ranking||2nd in Global Islamic Economy Islamic Finance Indicator (State of the Global Islamic Economy 2014/2015) 14th in Global Muslim Travel Index (GMTI 2015)/Crescentrating|
|Halal-related agencies Intro||
Bahrain Standards and Metrology Directorate, Ministry of Industry & Commerce
(Food is regulated by the Ministry of Health)
Standards and Metrology Directorate (BSMD) is the recognized national Standards Body of Bahrain under provision of Legislative Decree No. 16 of 1985, with respect to standards and metrology.
|Halal compliance guidelines Intro||
Source: Bahrain Investors Center
|Halal-related trade and trading||
Private Sector Partners
|Investment and Export Promotion Agencies Intro||
The Kingdom of Bahrain was rated in the first position among Middle East countries and in the twelfth position internationally in the Economic Freedom Index 2013 compiled by the Heritage Foundation and the Wall Street Journal as a result of the Kingdom of Bahrain's commitment to maintaining a business environment considered among the most liberated in the Middle East, the waiving of taxes on private companies, in addition to the freedom of capital transfer. The Kingdom of Bahrain also allows foreigners to own business and real estate assets in a majority of the economic sectors, which sets the Kingdom of Bahrain apart from all the region's other states.
Bahrain enjoys a unique record as the oldest and most developed international business ecomony in addition to a financial services sector that flourised over the past forty years, making it among the most advanced Gulf financial markets according to the 2011-2012 World Competitiveness Report issued by the World Economic Forum.
Low costs are considered one of the key advantages enjoyed by the Kingdom of Bahrain with the lowest rent rates in the region for offices and industrial plots in addition to mixing privatization and subsidization in the public utilities sector which directly reflects on the costs of electricity, gas, and water which are very competitive and which is also reflected on workers' wages.
The Bahraini workforce is among the most educated and experienced in the Gulf region. This minimizes the burden on investors to recruit and retain foreign expertise and in turn, contributes to building an experienced and committed local work team which is retainable in the long run.
Also among the additional advantages Bahrain offers to investors are:
|Investment and Export Promotion Agencies Names||Bahrain Economic Development Board|
US-Free Trade Agreement (FTA) in 2006, the first between the U.S. and a Gulf state.
|Company ownership limits
(foreign and local)
100% foreign ownership of business is allowed. Sector-specific and/or company type restrictions may apply.
Issued On 01 Oct 2007
Issued On 01 Oct 2011
Issued On 01 Jan 2012
Issued On 01 Oct 2005
Issued On 01 Oct 2012
|Media & Recreation||42.7|
|Pharma & Cosmetics||35.8|
AAOIFI 15th Annual Shari’ah Boards Conference
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BRIEF-Bahrain’s Trafco Group posts FY profit of 1.7 mln dinars20 Feb 2017 | finance-investing
BRIEF-Bahrain Tourism posts FY loss15 Feb 2017 | finance-investing
Fitch Affirms Bahrain at ’BB+’; Outlook Stable15 Feb 2017 | finance-investing
Bahrain Islamic Bank’s net profit $22 million in 201614 Feb 2017 | finance-investing
BRIEF-Bahrain Islamic Bank FY profit falls13 Feb 2017 | finance-investing
UPDATE 3-Bahrain’s sugar refinery stopped production in October - source12 Feb 2017 | production
EXCLUSIVE: UAE plans 5% VAT across the board-official12 Feb 2017 | regulations-compliance
Food bloggers emerging as important influencers for halal restaurants12-Dec-2016
Bahrain Development Bank: Fostering an entrepreneurial culture09-Dec-2016
INTERVIEW-Investor expectations around venture capital exits: Hasan Haider09-Dec-2016
INTERVIEW-Bahrain’s venture capital, FinTech hub development and current entrepreneurial ecosystem: David Parker09-Dec-2016