5 Hrs
Source:
البلاد
Source: البلاد
5 Hrsالبلاد
Source: البلاد
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The article argues that Bahrain’s best opportunities for growth lie in deeper integration with the Gulf economy. Bahrain’s economy is worth $45–50 billion, compared with more than $2.3 trillion for the Gulf economy. It recommends focusing on six sectors: financial services, industry, logistics, professional services, data and tourism. Rather than relying on traditional integration, the article proposes participating in value chains and building on Bahrain’s existing expertise instead of competing with larger Gulf markets on scale. Suggested measures include preparing 20 factories to supply Gulf projects, expanding service exports, and increasing visitor spending and length of stay. The article concludes that Bahrain should launch a national programme to coordinate the relevant agencies and tie incentives to confirmed contracts. Its success should be measured by exports, Gulf contracts, high-quality jobs and value added within Bahrain.
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