Bahrain’s economy is growing at its fastest pace in a decade, driven by a combination of continued fiscal reforms and higher oil prices, according to the International Monetary Fund.
The kingdom’s economy grew by 4.9 percent in 2022 spurred by a surge in the non-oil sector, particularly hospitality, government services and real estate.
“International investors are attracted to Bahrain’s business-friendly environment and its pro-business policies,” Neil Wilson, director of strategy and commercial at Creation Business Consultants, said.
Originally Published on July 13th, 2023.