Tuesday, September 28, 2010

Bahrain's Approach To Business

Bahrain seeks to be an oasis of calm in the Gulf region and the global economy.Iran is its very big neighbor,and Bahrain's view is that for the region to remain stable,Iran must remain engaged with the world.
Because Bahrain's financial sector was diversified,it actually added jobs during the financial crisis.It focuses on insurance,not just banking.
Bahrain is building upon what successes it has:oil,financial services and manufacturing.Tourism,health care and so on fill in the gap.
Bahrain thinks it provides the best value proposition for your business.They live in an environment that is competitive.A steady,stable,prudent approach is better for them than a flash in the pan.
The ratings agencies have reaffirmed their support for what Bahrain is doing.Real estate prices have stabilized there.They are O.K. in Bahrain,according to the Crown Prince,Shaikh Salam bin Hamad al Khalifa.

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