EENI Global Business School

Business in Bahrain. Bahraini Economy

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Syllabus of the Subject

Foreign Trade of Bahrain. Business in Manama. Bin Ahmed Kanoo

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

Yusuf Bin Ahmed Kanoo (Bahraini Businessman, Muslim) Bahrain

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

  1. To analyze the Bahraini Economy and Foreign Trade
  2. To identify business opportunities in Bahrain
  3. To explore the Bahraini trade relations with the student's country
  4. To know the Bahraini Trade Agreements
  5. To examine the profile of Bahraini businesspeople and enterprises
  6. To develop a business plan for the Bahraini Market

Online Arab Student, Master International Business

The Subject “Foreign Trade and Business in Bahrain” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: Islamic Business, World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Masters adapted to Bahrain Master / Doctorate in Business Bahraini Students.

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Bahrein Study Doctorate in International Business in French Bahrein.

  1. Credits of the subject “Doing Business in Bahrain”: 2 ECTS Credits
  2. Duration: two weeks

Foreign Trade and Business in the Middle East

International Trade and Business in Bahrain

Bahrain: The freest economy in the MENA region.

Market Access - Trade Agreements

Preferential Access and Trade Agreements of Bahrain

  1. Bahrain and the Arab Economic Area
  2. Gulf Cooperation Council
    1. EU-Bahrain (GCC) Agreement
    2. India-Bahrain (GCC) Agreement
    3. Australia-GCC Agreement
    4. Trade Agreements with China, Singapore, South Korea, EFTA, New Zealand, Thailand, MERCOSUR
  3. U.S.-Bahrain Agreement
  4. Trade Preferential System (TPS-OIC)
  5. Greater Arab Free-Trade Area (GAFTA)

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. BIC
  4. Chicago Convention (ICAO)
  5. International Maritime Organization
Transport Corridors
  1. Access to the China-Pakistan Corridor
  2. Access to the Kyrgyzstan-Iran Corridor (KTAI-ECO)

Islamic Organizations. Arab League

  1. Arab League
  2. Summit of South American-Arab Countries (Bahrain)
  3. Asia-Middle East Dialogue (Bahrain)
  4. Islamic Development Bank
  5. Economic Commission for Western Asia (ESCWA)
  6. OIC
    1. Committee for Economic Cooperation
    2. Islamic Chamber of Commerce
    3. Islamic Centre for Development of Trade
    4. Economic Centre for Islamic Countries
  7. Afro-Arab Cooperation
  8. Arab Bank for Africa (BADEA)
  9. Arab Gulf Programme
  10. Arab Trade Financing Programme
  11. Arab Development Funds

Globalization and International Organizations

  1. Asia Cooperation Dialogue
  2. UN
  3. WB
  4. WTO
  5. IMF
  6. ...

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 of Bahrain
  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 GCC
  7. Capital of Bahrain: Manama (27% of the Bahraini GDP)
  8. Al Muharraq is the second most populous city of the Kingdom of Bahrain
  9. Borders of Bahrain: Qatar and Saudi Arabia.
    1. Iran (by sea)
  10. Abolition of Slavery in Bahrain: 1937
  11. Independence of Bahrain from the UK: 1971

Religion in Bahrain.

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

Islam and Global Business. Islamic Economic Areas

Bahrain belongs to the Arab Economic Area.

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

  1. The main economic activity of Manama is related to the financial services, near 200 financial institutions and banks generate 27% of the GDP of Bahrain (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), is the thirteenth position in the World.

  1. The Aluminum industry is vital for Bahrain (13% of the total exports)
  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 distribution location for regional operations

Foreign Trade and Business in Bahrain

Foreign Trade (Importing, Exporting)

Bahraini Foreign Trade

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

Bahrain Customs

Foreign trade of Bahrain

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