BAHRAIN Tenders

Capital Manama
ISO 3166 Code BH
Population 1,316,500
Area, Sq KM 665
Currency Bahraini dinar
Official Language Arabic
GDP, Billion USD 32,890
GDP Growth Rate, % 3.9
Inflation, Avg CP, % Chng 2.25
Interest Rates, % N/A
Unemployement Rate, % 4.04
Exchange Rate, 1 USD Equals 0.38
International dial code 973
Time Zone GMT+03:00
Internet TLD .bh
Bahrain is an island country which is also known as the Kingdom of Bahrain. It is an archipelago of 33 islands. The country is home to 1,343,000 people with its capital at Manama. It is also the largest city of the country. Bahrain is one of the oldest among all countries to convert into Islam, way back in 628 AD. Bahrain gained its independence in the year 1971. It consists of 13 major provinces. It has a Unitary parliamentary constitutional monarchy and the ruler or the King of Bahrain is Hamad bin Isa Al Khalifa. But since 2011, Shia population continuously demonstrated unrest and sustained protests under the influence of the regional group of Arab Spring. There are vast reserves of oil and natural gas and off shore waters. These are the major natural resources of the country.
Amongst all the Islamic states, Bahrain has the fastest growing economy according to the reports by the United Nations Economic and Social Commission of Western India. It has an open economy. But all throughout, the economy of the country was affected whenever there was a fluctuation in the oil price. Due to its modern and highly developed transport and communication facilities, Bahrain has developed many multinational firms and many industries. Large amount of petroleum products made from petroleum crude oil comprises the major portion of the export in the country. The country also produces a modest amount of aluminium as well. But only 2.9% of the land is suitable for agriculture. Due to poor agricultural development, the country is largely dependent upon the imports from the other countries. Meat is imported from Australia and major amount of fruits are usually imported from other countries.
The annual GDP (PPP) is estimated around 33.5353 billion USD with per capita income of $ 28,559. The annual GDP (nominal) is approximately 28.728 billion USD with a per capita income of $24,465. But unemployment is a major hindrance towards the growth of the economy and the major part of the population which is affected is the youth. With fast depletion of the oil reserve and the underground water, Bahrain may face difficult economic situation in the future.
Since it is still a growing country, Bahrain looks forward to economic development in other areas as well, like the health and education, housing and electricity, water and more developed roads and communication for a better and a more stable economic growth in the future.
Region Summary Deadline
Western Asia Replacement Of #5cdu Heater With A Single High Efficency Heater 25th Jan 2017
Western Asia Provide Teachers Travel Tickets 2017 Destination Tunisia & Morocco 15th Feb 2017
Western Asia Vehicle Rental Services 1st Feb 2017
Western Asia Joint, Transition For Electricity Transmission Directorate 15th Feb 2017
Western Asia Construction Of Pedestrian Bridge In Muharraq For Lulu Road Project 15th Feb 2017
Western Asia Consultancy Services Of Design And Supervision Of Al Seef Residential Project 31st Jan 2017
Western Asia Construction And Maintenance Of Sports Studios For Mia 15th Feb 2017
Western Asia Supply & Installation Of Lighting System For Production Studio 1 15th Feb 2017
Western Asia Muharraq Governorate Building At Halat Bu Maher 25th Jan 2017
Western Asia Hospitality Training Institute Management 25th Jan 2017

Quick Links

Procurement News

21
Jan17

Contract awarded for Recruitment services, Switzerland-Berne

21
Jan17

Contract awarded for Engineering services, Switzerland-Winterthour

21
Jan17

Contract awarded for Engineering services, Switzerland-Zofingue

21
Jan17

Contract awarded for Consultative engineering and construction services, Switzerland-Zofingue

21
Jan17

Contract awarded for Consultative engineering and construction services, Switzerland-Zofingue

21
Jan17

Contract awarded for Distribution boxes, Switzerland-Zofingue

21
Jan17

Contract awarded for Outerwear, Switzerland-Bern

21
Jan17

Contract awarded for Mechanical shovels, excavators and shovel loaders, and mining machinery, Switzerland-Berne

21
Jan17

Contract awarded for Construction work, Switzerland-Zofingue

21
Jan17

Contract awarded for Repair and maintenance services of electrical building installations, Former Yugoslav Republic of Macedonia-Skopje

Testimonials

We are proud to inform that the services of Tendersontime have been of great help in developing our business.

Gigabyte Technologies

We get daily opportunities of relevant tenders from Tendersontime and we are happy.

Adarsh Printers

our clients


View All