“Good times” for business in Bahrain

Business in Bahrain
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Bahraini businesses are ‘confident and positive’ that good times will continue to propel the Kingdom’s economy ahead in the fourth quarter notwithstanding the slowdown in the global economy, according to a recent survey.

The ‘Quarterly Business Perception survey’ hard on the heels of the World Bank’s Doing Business index, which ranks Bahrain as one of the most improved economies in the world, zooms into the Kingdom’s current situation and expectation of the businesses operating here.

In the survey, trade, then Real Estate and Banking sectors reported the highest Business Confidence in the Kingdom’s Business Performance ahead.

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Respondents who voiced their confidence include small and micro establishments with 50 employees or less, establishments with turnovers between BD1 and BD3 million as well as establishments with outward foreign investments.

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