BAHRAIN’S RESILIENCE AND PROGRESS CELEBRATING ACHIEVEMENTS ON THE 52ND NATIONAL DAY

By DADABHAIGROUP OF COMPANIES CHAIRMAN MOHAMMED DADABHAI

Bahrain has undergone significant positive changes over the past three years, a testament to the visionary leadership of His Majesty King Hamad bin Isa Al-Khalifa. His strategic approach has earned global acclaim, especially during challenging times like the worldwide pandemic.

His Majesty’s efforts to foster unity and harmony in the Middle East have not gone unnoticed, positioning Bahrain as a beacon of stability. Under the guidance of His Royal Highness Shk Salman bin Hamad bin Isa Al Khalifa, the Crown Prince and Prime Minister, the country is experiencing a transformative economic shift marked by transparency and professional policies.

The comprehensive post-COVID-19 recovery plan, aligned with Bahrain’s Economic Vision 2030 and the commitment to achieving net zero by 2060, showcases the nation’s forward-looking agenda. The recent labour market reform plan has empowered Bahrain’s youth through Tamkeen, creating upskilling opportunities and fostering job growth.

The introduction of the golden visa and the new residency permit program has attracted international investors, highlighting Bahrain’s commitment to diversifying revenue sources beyond oil. Noteworthy fiscal initiatives, such as the fiscal balance program and streamlined cash subsidies, exemplify Bahrain’s astute financial management.

The positive business environment has lured investors, particularly from Asia, with a focus on India, fostering long-term business relationships. Bahrain’s strategic geographical position is a gateway for investors, creating opportunities to expand business within the kingdom and with neighbouring countries like Saudi Arabia and Kuwait. The business community is vital in inspiring youth entrepreneurship and start-ups.

Many investors As we celebrate Bahrain’s 52nd National Day, we pledge to contribute and collaborate with the vibrant government team. With stiff regional competition, Bahrain’s prominence shines due to its proximity to Saudi Arabia and Kuwait, leveraging its geographical advantage.

In conclusion, Bahrain is a resilient and thriving nation, achieving milestones under the sagacious leadership of His Majesty King Hamad bin Isa Al-Khalifa. Let us join hands to continue this journey of progress, innovation, and prosperity on this auspicious occasion. Wish you all a Happy National day!