Business Weekly

Growth in Bahrain continues despite global downturn

October 28 - November 3, 2009
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A report published by the World Economic Forum (WEF) concluded that Bahrain has the fourth most favourable tax regime in the world, out of the 55 leading economies surveyed.

The Financial Development Report ranked Bahrain 27th, overall, in terms of its financial system, up from 28th in 2008. It concluded that Bahrain 'shows competitive advantages in the quality of its institutional environment, including a substantially liberalised financial sector and solid corporate governance.'

The report also gave Bahrain high marks for liberalisation of the domestic financial sector.







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