Bahrain vision 2030 by bahrain economic development board issuu. Amazon web services to open first middle east data centre. Economic indicators for bahrain including actual values, historical data charts, an economic calendar, timeseries statistics, business news, long term forecasts and shortterm predictions for bahrain economy. The 2030 economic vision, launched by his majesty king hamad bin isa al khalifa in october 2008 embodies a comprehensive vision for the kingdom of bahrain that aims at creating a clear approach to develop the kingdoms economy while focusing on the main objective, which aspires to improve the living standards of all bahraini citizens the vision was launched after four years of elaborate. This document presents the comprehensive economic vision 2030 for bahrain, outlining the future path for the development of our economy. Bahrain regards foreign investment as key to its economic vision 2030.
This page has economic forecasts for bahrain including a longterm outlook for the next decades, plus mediumterm expectations for the next four quarters and shortterm market predictions for the next release affecting the bahrain economy. The plan is to shift from an economy built on oil wealth to a. Since its launch in 2008, the national economic vision 2030 has been developed with 3 main principles that is sustainability, fairness and competitiveness. Jul 22, 2018 commenting on the partnership, viva bahrain chief commercial officer, karim tabbouche said, as the fastestgrowing, most innovative telecommunication operator in bahrain, we recognise the need to support bahrains economic vision 2030 and play an active role to support the scaleup of the bahraini startups by empowering them with. Bahrain economy, politics and gdp growth summary the.
The supreme council for environment, kingdom of bahrain. In bahrain, womens needs have been integrated into national strategies in order to realize the countrys economic vision 2030 and, following consultations with the imf on gender budgeting. Economic indicators for bahrain including actual values, historical data charts, an economic calendar, timeseries statistics, business news, long term forecasts and. Access the latest politics analysis and economic growth summary through 2011 for bahrain from the economist intelligence unit. Oct 31, 2017 a united nations forum opened today in manama, bahrain, highlighting the importance of entrepreneurship and innovation for the implementation of the 2030 agenda for sustainable development.
Consequently, the process of developing the economic. The bahrain economic development board edb is a dynamic public agency with the overall responsibility for attracting investment into the kingdom and supporting initiatives that enhance the investment climate. The economic vision 2030 pdf, 279kb, 26 pages, which was launched in october 2008 by his majesty king hamad bin isa al khalifa, is a comprehensive economic vision for bahrain, providing a clear direction for the continued development of the kingdoms economy and, at its heart, is a shared goal of building a better life for every bahraini. Bahrain nonetheless has one of the most diversified economies in the gulf, with strong banking and tourism sectors. Countries around the gcc are continuing their efforts to rationalize public finances. At a recent summit in bahrain, amazon web services announced plans to open its first data centre in the middle east by early 2019. Bahrain economy gdp, inflation, cpi and interest rate. A united nations forum opened today in manama, bahrain, highlighting the importance of entrepreneurship and innovation for the implementation of the 2030 agenda for. Achieving this goal requires participation from all sectors of the community, and all departments of the government and private sector a balance between bahrains ability to create. Aug 14, 2016 developing infrastructure will facilitate the creation of new residential and industrial communities and will boost investors confidence in regional real estate market, hence, its substantial for achieving the future economic development programs in each country. Embracing gender diversity in entrepreneurship across the.
Mar 10, 2020 bahrain economic growth the economy should slow slightly this year, dragged on by the spread of coronavirus nationally and internationally, underpressure public finances and regional geopolitical instability. According to the 2011 index of economic freedom, bahrain has the freest economy in the middle east and north africa region and is the tenth freest economy in the world. Our vision sees our economic prosperity built on a firm. In per capita terms, bahrains economy ranks much higher.
Bahrain launched its economic vision 2030 last year with a goal to double real income for bahraini households. The economic vision 2030 pdf, 279kb, 26 pages which was launched in october 2008 by his majesty king hamad bin isa al khalifa, is a comprehensive economic vision for bahrain, providing a clear direction for the continued development of the kingdoms economy and, at its heart, is a shared goal of building a better life for every bahraini. Oecd ilibrary chinese economic performance in the long run. Abu dhabi economic vision 2030 the official portal of the. Bahrain launched its economic vision 2030 in 2008, at a time when global financial markets were. The 2030 economic vision, launched by his majesty king hamad bin isa al khalifa in october 2008 embodies a comprehensive vision for the kingdom of bahrain that aims at creating a clear approach to develop the kingdoms economy while focusing on the main objective which is to improve the standard of living of all. The supreme council for environment sce in bahrain is a government entity in charge of the development of bahrains future strategy for the environment and sustainable development, and following up on the implementation of this strategy with relevant ministries, agencies and institutions.
Bahrain vision 2030 by bahrain economic development board. Learn more about the bahrain economy, including the population of bahrain, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic freedom. The bioeconomy to 2030 designing a policy agenda the biological sciences are adding value to a host of products and services, producing what some have labelled the bioeconomy and offering the potential to make major socioeconomic contributions in oecd countries. Read the full text of abu dhabi economic vision 2030 pdf, 5mb. Viva partners skiplino to introduce bahrains first cloud. Officials say the overall plan remains intact, with only the road map on how to. Bahrain has few options for covering this deficit, with low foreign assets and fewer oil resources compared to its gcc neighbors.
Striking a balance between economic growth and sustainability, the goal of the government has been to establish an economy that is viable, environmentally sound and socially responsible. From regional pioneer to global contender t h e e c o n o m i. Countries throughout the world have invested time, effort and money in the development of economic visions and policies. No claims are made regarding the accuracy of bahrain economy 2020 information contained here. The political will behind a major economic paradigm shift in the gcc has become increasingly evident as exemplified by the saudi vision 2030, and the national transformation program bahrain economic quarterly, 2016. An alternative index, published by the fraser institute, puts bahrain in 44th place tied with 7 other countries. Key strategic goals include reinforcing economic and investment activities. Mar 04, 2020 in bahrain, womens needs have been integrated into national strategies in order to realize the countrys economic vision 2030 and, following consultations with the imf on gender budgeting. The vision is line with citizens aspirations and it contributes to the achievement of each of these strategic pillars. Among these countries is the kingdom of bahrain which has undergone major political, economic. The plan is the first project to inventory and propose virtually every aspect of a new national infrastructure. Bahrain overhauls its 2030 economic blueprint the national. Chinese economic performance in the long run, 9602030 ad, second edition, revised and updated oecd development centre the study provides a major reassessment of the scale and scope of chinas resurgence over the past half century, employing quantitative measurement techniques which are standard practice in oecd countries. Economic vision 2030 for bahrain prepared by the edb and launched in 2008 outlines the longterm development plan for bahrain.
The government is by far the countrys largest employer. Bahrain is revising its economic growth strategy to reflect a decline in the importance of financial services and construction. From arab states, countries which are close to bahrain in 2018 hdi rank and to some extent in population size are qatar and united arab. According to s middle east consumer confidence index, march 2015. Bahrain island is widely believed to be the site of the ancient kingdom of dilmun, a commercial centre that traded with ancient sumer. The bahrain economic development board is here to give you the information and guidance you need to start your business in bahrain. Participation in the forum is necessary for all because it touches aspects of the national economy. Following the launch, the economic development board edb initiated an on going programme of economic and institutional reform, as part of the economic. Chapter 1 iii foreword the qatar national vision 2030 qnv 2030, launched in october 2008 by his highness sheikh tamim bin hamad al thani, heir apparent, defines longterm development outcomes for qatar, and provides a. Bahrain was recognised by the world bank as a high income economy. The 2030 economic vision, launched by his majesty king hamad bin isa al khalifa in october 2008 embodies a comprehensive vision for the kingdom of bahrain that aims at creating a clear approach to develop the kingdoms economy while focusing on the main objective, which aspires to improve the living standards of all bahraini citizens. These services, provided by the general directorate of traffic gdt, allow citizens and residents to benefit from using the driving school services online in an efficient and convenient way.
Pdf economic diversification in bahrain researchgate. The global understanding of development has changed over the years, and countries now have agreed that sustainable development development that promotes prosperity and economic opportunity. Economic vision 2030 kingdom of bahrain egovernment portal. Amazon web services to open first middle east data centre in. In 2007, following an 18month process of research, analysis, consultation, and design, som submitted the bahrain 2030 national planning development strategy. Further, the local product is a matter of loyalty that cannot be compromised on any other equation except itself. It has been shared with a host of opinion leaders from the private sector, academia and development organizations, and the public sector. Som bahrain national planning development strategy. Enabling financial markets to become the key financiers of economic sectors and projects. Transforming bahrains economy from a regional pioneer to a global. The vision 2030 also addresses the sustainable development goals 2030 sdgs.
The aim of the conference is to boost economic development in bahrain in light of the economic stagnation that the world needs. Invest in bahrains economy the economic development board. Bahrain is renowned for its verdant groves of date palms. A united nations forum opened today in manama, bahrain, highlighting the importance of entrepreneurship and innovation for the implementation of the 2030 agenda for sustainable development. Lower interest rates, however, should support bank lending to consumers and businesses. The egovernment national portal kingdom of bahrain, provides a onestop shop that facilitates the access to government information and eservices.
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