Bahrain Information

Bahrain, Kingdom of Bahrain, Al Bahrayn

Bahrain is in the Persian Gulf, east of Saudi Arabia.

In 1782, the Al Khalifa family captured Bahrain from the Persians. In order to secure these holdings, it entered into a series of treaties with the UK during the 19th century that made Bahrain a British protectorate. The archipelago attained its independence in 1971. Bahrain's small size and central location among Persian Gulf countries require it to play a delicate balancing act in foreign affairs among its larger neighbors. Facing declining oil reserves, Bahrain has turned to petroleum processing and refining and has transformed itself into an international banking center. King HAMAD bin Isa Al Khalifa, after coming to power in 1999, pushed economic and political reforms to improve relations with the Shia community and Shia political societies participated in 2006 parliamentary and municipal elections. Al Wifaq, the largest Shia political society, won the largest number of seats in the elected chamber of the legislature. However, Shia discontent has resurfaced in recent years with street demonstrations and occasional low-level violence.

Administrative Divisions: 5 governorates; Asamah, Janubiyah, Muharraq, Shamaliyah, Wasat note: each governorate administered by an appointed governor.

Economic Overview: With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf. Petroleum production and refining account for about 60% of Bahrain's export receipts, 70% of government revenues, and 20% of GDP, underpinning Bahrain's strong economic growth in recent years. The financial and construction sectors have also bolstered GDP growth. Bahrain is actively pursuing the diversification and privatization of its economy to reduce the country's dependence on oil. As part of this effort, Bahrain and the US in August 2006 implemented a Free Trade Agreement (FTA), the first FTA between the US and a Gulf state. Unemployment, especially among the young, and the depletion of oil and underground water resources are major long-term economic problems.

Bahrain

Phone international country code 973

Bahrain Government

Bahrain News

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Bahrain Business News

Bahrain from US Sources

Bahrain Cities

Manama Bahrain

Manama is the largest City and Capitol of Bahrain

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