Bahrain’s diversified economy ready for rebound

  • Date: 18-Jul-2021
  • Source: Bizbahrain
  • Sector:Economy
  • Country:Bahrain
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Bahrain’s diversified economy ready for rebound

A new Covid-19 Recovery Roadmap produced by Oxford Business Group (OBG) explores the key role that Bahrain's growing private sector and investor-friendly regulatory environment are set to play in driving recovery and paving the way for post-pandemic growth. The report provides in-depth analysis of Bahrain's response to the pandemic and economic development plans in an easy-to-navigate and accessible format, focusing on key data and infographics relating to the country's socio-economic landscape. The report is now ready to view and download at OBG shines a spotlight on Bahrain's broad-based economy and diverse export portfolio, which provide firm foundations for a sustained economic recovery. The report also considers how Bahrain can build further on its close proximity to Saudi Arabia, with the reopening of the King Fahd Causeway helping to revive both trade and inbound tourism. The kingdom's successful efforts to encourage entrepreneurial activity and make small and medium-sized enterprises (SMEs) a priority are another focus. OBG charts the national drive under way to help smaller businesses tap opportunities overseas, with particular support being made available to women-owned SMEs. It also looks at the initiatives put in place in 2020 to support the segment when the pandemic arrived. Elsewhere, OBG tracks Bahrain's