How Manama’s move away from oil is paying dividends

With its oil reserves dwindling, Bahrain was forced to diversify its economy into areas such as tourism and manufacturing, which has worked to the benefit of capital city Manama.

The state of play: FDI in Bahrain

After gathering momentum over several years, FDI into Bahrain slumped in 2019 and, due to the Covid-19 pandemic, the picture is unlikely to get any brighter in the near future.