A well located attractive foreign investment destination
GCC States have grown immensely during the past decade. Bahrain, pioneer in the region in almost everything, remains one of the most attractive destinations to foreign investment. The most important reason is its zero tax policy but geographical location with easy access to the biggest consumer market of the Arab World, Saudi Arabia, a solid business infrastructure and the best educated and skilled workforce of the region compliment the package.
Bahrain applies zero taxation to private companies, few indirect taxes for private enterprises and individuals and allows free repatriation of capital. It is the only country in the region that offers 100% foreign ownership of business assets and real estate.
At less than an hour’s drive from Riyadh and 20 minutes away from the oil-rich Saudi Eastern Province Bahrain is also closed to Dubai – four hour drive or an hour by plane, or to Qatar at 25 minutes flight and soon connected by land through the Friendship Bridge. The inauguration of the Khalifa Bin Salman Port in 2009 Bahrain has also became a major regional trans-shipment centre directed mainly to the upper Gulf region including Irak and Iran.
The easy access to other markets plus the low cost of living and working in Bahrain make the country a very interesting destination for International investors eyeing a regional operation. Housing, office rents and land prices are considerably lower than in neighbouring countries and subsidies are applied to electricity, water, oil & gas. Bahrain priority areas of investment are: downstream industry, light manufacturing, logistics, ICT, health and education. The expansion of water and electricity infrastructure as well as oil and gas infrastructure also present huge opportunities.
Our latest investment report on Kuwait was recently published in one of the leading Spanish dailies, ABC. FindMe in Kuwait explores the economic perspectives of Kuwait and the country´s future plans to compete with its fast developing neighbours. Once the leading country of the Gulf, Kuwait has remained silent for the past decade. And although many would like to see faster changes, Kuwait is moving, at its pace, to them. Inexorably. Learn about who is who in Kuwait and read what the leaders say about their own future in our upcoming release: FindMe in Kuwait Mobile app.
Stay tuned - Stay Ahead
Global Gulf Consulting has concluded its latest production on Bahrain, FindMe in Bahrain giving the country a fresh approach after a couple of difficult years of local demonstrations that matched the global recession. Bahrain is a small island in the Arabian Gulf with an incredible potential for logistics, industries and tourism. FindMe in Bahrain was supported by both the public and private sector of Bahrain. Banagas, Nass Corporation, BBK and DHL were GGC strategic partners in the development of the series among others.
FindMe in Bahrain is available at the local bookstores Jashamal and online as well as in the Apple Store. It is a full business leisure and business guide for any investor or visitor interested in traveling to Bahrain or for those that already live there.
FindMe in Saudi offers a multi-faceted overview combining business and leisure, economy and heritage. The book aims to capture the current development of Saudi Arabia in the words of the people who live and work there. It is an authoritative source of information for investors, businessmen and travellers produced to firmly position KSA as an attractive investment destination.
In contains general information about the country´ economic performance and who is who as a sectorial overview and a leisure guide.
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