BRAND BUILDERS

BAHRAIN

Constitutional monarchy ruled by King Hamad bin Isa al-Khalifa

Capital: Manama

One of the region’s most democratic states

740,000 inhabitants

2.6% growth

High unemployment

GDP: US$16 billion, real growth: 7.7%

GDP per capita: US$21,621

Relatively diversified economy due to reducing oil resources. Investments in finance and real estate. Liberalizing economy. First GCC member to sign FTA with the US.

Important relations with Saudi Arabia, namely as a major tourist destination for Saudis.

Retail surface expected to double by 2010 through opening of City Center and retail related to real estate projects.