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WELCOME TO BAHRAIN - ARABIC
SWITZERLAND
The Kingdom of Bahrain as one
of GCC Member State has the entirely distinct place in this pearl
necklace. The pace of development of economy in Bahrain is
one of the fastest in the world. Specific form of bank operations -
Islamic banking - allowed the country within shortest period of time
to turn into world class financial and insurance center "Bahrain
Financial Harbour". Foreign investment encouragement policy, in
particular, cancellation of profits tax, payroll tax, investor's tax
exemption for five years (and more under specific conditions)
conduces towards the blossom of mutually beneficial co-operation. In
respect that Bahrain follows the policy of neutrality, it would be
quite advisably to compare this state with Switzerland - the country
having constant attractibility for financial activity.
Nevertheless, as distinguished from Old World
countries burdened with their traditional problems, Bahrain have the
very advantageous features, positioning this country in extremely
favourable situation. In the first instance, Bahrain possesses of
oil and gas resources and is the link of highly developed transport
infrastructure. Piracy-free sea navigation and location in the
geographical center of trade routes stimulates the increase of
passenger and freight traffic. Aggregation of these merits moulds
Bahrain in all conscience into the bridge between civilizations,
while from economic point of view - into real Arab Switzerland,
whereto sun, sea, yachts, salubrious climate and in the first
instance - dynamic rhythm of business life and amicable attitude
attract businessmen from the whole world all the year round....Read More... |