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The economy of Bahrain is heavily dependent upon oil and gas. [14] ... Gulf News, 7 January 2006, Bahrain ranked freest Arab economy;
The United States and Bahrain on Wednesday signed a strategic security and economic agreement which U.S. Secretary of State Antony Blinken said would expand defense and intelligence collaboration ...
28 March – The foreign ministers of Israel, Egypt, Morocco, Bahrain and the United Arab Emirates, as well as the United States Secretary of State, meet in Sde Boker, Israel, and agree to hold regular meetings about regional security and commit to further expanding economic and diplomatic cooperation. [4]
The latest new business venture between the two countries is a new 6,700 sq. m. Thai shopping centre in Manama, set to launch in the first half of 2019 and described as an opportunity for Thai small and medium-sized enterprises to reach a huge potential market of Saudi shoppers, [12] said to be the biggest economic centre in Bahrain, with ...
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In 2018 Bahrain has a per capita GDP of US$ 50,700. [16] Bahrain has the Persian Gulf's first "post-oil" economy. [17] Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. [18] The country's capital, Manama, is home to many large financial institutions.
The Ministry of Finance & National Economy (MOFNE) is responsible for formulating and implementing the financial policies of the Kingdom of Bahrain within the overall vision of the Bahrain Government. The Ministry prepares the state general budget in coordination with other ministries and public entities in a way that reflects the financial and ...
In May 2018, Bahrain recognized Israel's right to exist. Manama authorities denied reports that this was due to tensions with Iran, and said the country remains committed to the Arab Peace Initiative. [18] In June 2019, six Israeli media outlets received formal invitations to cover the Israeli-Palestinian economic peace workshop in Bahrain. [19]