Doing Business in Bahrain

Syllabus of the Subject: Foreign Trade and Doing Business in Bahrain. Bahraini economy.

1. Introduction to the Kingdom of Bahrain (the Middle East)
2. Doing Business in Manama
3. Bahraini economy
4. Main economic sectors in Bahrain
5. Economic Vision 2030
6. Foreign Trade of Bahrain
7. Bahraini Customs
8. Business Opportunities in Bahrain
   1. Financial and professional services
   2. Logistics
   3. Manufacturing
   4. Information, communications, and technology
   5. Real Estate
9. Bahrain Economic Development Board (EDB)
10. Case Study:
    1. Yusuf Bin Ahmed Kanoo Group
    2. Mumtalakat
11. Introduction to Arabic
12. Access to the Bahraini market
13. Business Plan for Bahrain

The aims of the subject “Foreign Trade and Doing Business in Bahrain” are the following:

1. To analyse the Bahraini economy and foreign trade
2. To evaluate the business opportunities in Bahrain
3. To explore Bahrain's trade relations with the country of the student
4. To know Bahrain's Free Trade Agreements
5. To examine the profile of the Bahraini business people and companies
6. To develop a business plan for the Bahraini Market

Sample of the subject “Foreign Trade and Doing Business in Bahrain”:

Description of the Subject (Online Learning): International Trade and Doing Business in Bahrain

Bahrain: The freest economy in the MENA region.

The Kingdom of Bahrain.

1. Bahrain is an independent Emirate with a traditional Monarchy
2. System of Government: hereditary constitutional monarchy
   1. His Majesty King Hamad bin Isa Al Khalifa
3. Arab is the official language
4. Bahraini Population
   1. 1.2 million people with 90% of urban population (90%)
   2. 50% of its residents are expatriates
5. Bahrain has the highest literacy rate in the Gulf Cooperation Council region
6. Bahrain is the country with a smaller population of the Gulf Cooperation Council (GCC)
7. Capital: Manama (27% of Bahrain’s GDP)
8. Al Muharraq is the second most populous city of the Kingdom of Bahrain
9. Freedom of belief
10. Borders of Bahrain: Qatar and Saudi Arabia. Iran (by sea)
11. Abolition of the Slavery in Bahrain: 1937
12. Independence from the United Kingdom: 1971

Religion in Bahrain.

1. Shiite Islam (70% of the population)
2. The Islamic Jurisprudence (Sharia) is one of the main legislative sources
3. School (Fiqh) majority is the Maliki
4. There is no official religion in the Kingdom of Bahrain (freedom of belief)
5. 15% of the population is Christian and 10% Hindu

Bahrain belongs to the Arab Economic Area (Islamic Civilisation).

Manama is the capital of Bahrain and his economic and financial centre.

1. The main economic activity of Manama is related to the financial services, near 200 financial institutions and banks generate the 27% of the gross domestic product of Bahrain (the 80% of the active population works in the financial sector)
2. Several multinational companies are in Manama

Bahraini Economy

Bahrain is the freest economy in the MENA region (Middle East and North Africa), occupying the thirteenth position in the World.

1. Aluminium industry is vital (13% of the total exports of Bahrain)
2. Some of the best companies in the World such as American Express, BNP Paribas, Kraft or DHL have been selected Bahrain as a strategic location for regional operations of distribution

Bahraini Foreign Trade

1. Top export markets of Bahrain are Saudi Arabia, the United States, the United Arab Emirates, and South Korea
2. Top suppliers of Bahrain are Saudi Arabia, Japan, Germany, and the United States

Bahrain has preferential access to the following markets:

1. Gulf Cooperation Council (GCC)
2. Trade Preferential System (TPS-OIC)
3. United States-Bahrain Free Trade Agreement (FTA)
4. European Union-Bahrain (GCC)
5. India-Bahrain (GCC)
6. Australia and the Gulf Cooperation Council
7. Free Trade Agreements (FTA) with China, Korea, European Free Trade Association (EFTA), New Zealand, Thailand, MERCOSUR.

Regional Economic Institutions of Bahrain.

1. Arab League
2. Summit of South American-Arab Countries (Bahrain)
3. Asia-Middle East Dialogue (Bahrain)
4. Asia Cooperation Dialogue (ACD)
5. Afro-Arab cooperation
6. Arab Bank for Economic Development in Africa (BADEA)
7. Islamic Development Bank
8. Economic and Social Commission for Western Asia (ESCWA)
9. Organisation of Islamic Cooperation (OIC)
10. Arab Gulf Programme for United Nations Development Organisations (AGFUND)

Bahrain is a member of the United Nations (UN), International Monetary Fund (IMF), World Trade Organisation (WTO), World Bank (WB)

❮ Samples - Business in Bahrain ❯

(c) EENI- Business School & Hispano-African University of International Business