Kearney and co-author of the report, said: “Bahrain’s Economic Vision 2030 is to focus on a productive, globally competitive economy, shaped by a fair government, a pioneering private sector, and a broad middle class of Bahraini nationals. The city is also on track for the development of smart and efficient government services. The recent growth in GDP per capita and government reformation movements further contribute to Manama’s business potential, complemented by the city’s established banking infrastructure and the development of new business hubs. Additionally, several think tanks that reside in the city host international meetings such as the IISS Manama Dialogue, which is focused on security issues.īahrain’s 2030 vision is to focus on a productive and a globally competitive economy. The city also has a higher number of international schools compared with other GCC cities. Several factors have contributed towards this position including the city’s competitive business culture, strong information and communication infrastructure and educated middle class.Īccording to the global management consulting firm’s report, Manama is considered the largest financial center in the GCC, hosting over 370 financial institutions, with a growing focus on Islamic finance. Kearney’s latest report ‘Global Cities of the Future, a GCC Perspective’, developed for the World Government Summit 2017. Manama, Bahrain – Manama ranks eighth, in A. 26 February 2017 Manama gained recognition due to its strong banking infrastructure, adoption of smart government services and investment in education
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