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Thursday 09 February 2012

Best of Bahrain

Kingdom of Bahrain in Brief

Bahrain's small size and central location among Persian Gulf countries require it to play a delicate balancing act in foreign affairs among its larger neighbors. Facing declining oil reserves, Bahrain has turned to petroleum processing and refining and has transformed itself into an international banking center. The new amir, installed in 1999, has pushed economic and political reforms and has worked to improve relations with the Shi'a community. In February 2001, Bahraini voters approved a referendum on the National Action Charter - the centerpiece of the amir's political liberalization program. In February 2002, Amir HAMAD bin Isa Al Khalifa proclaimed himself king. In October 2002, Bahrainis elected members of the lower house of Bahrain's reconstituted bicameral legislature, the National Assembly.

 

 

Facts & Figures: Kingdom of Bahrain

 

Capital: Manama


Area: 665 sq km


Government: Constitutional Hereditary Monarchy


Population: 689, 000 (Approx)


Time Zone: 3 PM = noon GMTCurrent

 

GDP: 

GDP: purchasing power parity - $13.01 billion (2004 est.)

GDP - real growth rate: 5.6% (2004 est.)

GDP - per capita: purchasing power parity - $19,200 (2004 est.)


Inflation: 2007 - 2.1% (2004 est.)


Official languages: Arabic, English, Farsi, Urdu .


Religion: Muslim (Shi'a and Sunni) 81.2%, Christian 9%, other 9.8% (2001 census)


Geography: Bahrain comprises an archipelago of thirty-three islands situated midway in the Arabian close to the shore of the Arabian Peninsula. The islands are about twenty-four kilometers from the east coast of Saudi Arabia and twenty-eight kilometers from Qatar. The total area of the islands is about 691 square kilometers, or about four times the size of the District of Columbia. The largest island, accounting for 83% of the area, is Bahrain Island (aka Al Bahrayn), which has an extent of 572 square kilometers. From north to south, Bahrain is forty-eight kilometers long; at its widest point in the north, it is sixteen kilometers from east to west.


Climate:  Bahrain has two seasons: an extremely hot summer and a relatively mild winter. During the summer months, from April to October, afternoon temperatures average 40 °C and can reach 48 °C during June and July. The combination of intense heat and high humidity makes this season uncomfortable. In addition, a hot, dry southwest wind, known locally as the qaws, periodically blows sand clouds across the barren southern end of Bahrain toward Manama in the summer. Temperatures moderate in the winter months, from November to March, when the range is between 10 °C and 20 °C. However, humidity often rises above 90% in the winter. From December to March, prevailing winds from the southeast, known as the shammal, bring damp air over the islands. Regardless of the season, daily temperatures are fairly uniform throughout the archipelago.

Bahrain receives little precipitation. The average annual rainfall is seventy-two millimeters, usually confined to the winter months. No permanent rivers or streams exist on any of the islands. The winter rains tend to fall in brief, torrential bursts, flooding the shallow wadis that are dry the rest of the year and impeding transportation. Little of the rainwater is saved for irrigation or drinking. However, there are numerous natural springs in the northern part of Bahrain and on adjacent islands. Underground freshwater deposits also extend beneath the Gulf of Bahrain to the Saudi Arabian coast. Since ancient times, these springs have attracted settlers to the archipelago. Despite increasing salinization, the springs remain an important source of drinking water for Bahrain. Since the early 1980s, however, desalination plants, which render seawater suitable for domestic and industrial use, have provided about 60% of daily water consumption needs.

 

Finance and Banking:  Unlike its Gulf neighbours, Bahrain has little oil wealth and the economy has expanded into banking, heavy industries, retail and tourism. The Kingdom is the main banking hub for the Gulf and a centre for Islamic finance, which has been attracted by the strong regulatory framework for the industry. According to the International Monetary Fund's Financial System Stability Assessment of Bahrain's financial regulartory environment, published on 6 March 2006, found:

-The financial system is enjoying strong performance under favorable circumstances, and is likely to remain a major contributor to overall growth. The main risk stems from potential overheating in the economies of the region, but the system should be resilient to likely shocks.

-Prudential regulations are modern and comprehensive, and supervision is generally effective, especially in the dominant banking sector. Supervisory capacity needs to be expanded in line with new regulations and to keep up with the growth and increasing sophistication of financial institutions.

-The further expansion of the Islamic sector, the development of housing finance, and the deepening of securities markets are important for the future growth of the financial system. The banking and insurance sectors will eventually undergo consolidation


Taxes: The only taxes in Bahrain are an income tax on oil production and a municipal tax of 10% on residential rents; the rate is 7.5% on furnished rentals, office, and commercial rents. As an offshore tax haven, Bahrain allows foreign firms to remit accumulated profits and capital without taxation.


Currency: The Bahrain dinar (BD) is divided into 1,000 fils. There are coins of 5, 10, 25, 50, and 100 fils and notes of 500 fils and 1, 5, 10, and 20 dinars. BD1 = $2.6596 (or $1 = BD0.376) as of January 2003.

 

Country Dialing Code: (country code) +973 + the number

 

Internet domain: .bh

 

Credit cards and cash: All banks in Bahrain offer customers cash and debit cards, which can be used at any branch of the same bank and, by arrangement, at other banks.

 

Telecommunications:

Telephones - main lines in use: 185,800 (2003)

Telephones - mobile cellular: 443,100 (2003)

Telephone system: general assessment: modern system domestic: modern fiber-optic integrated services; digital network with rapidly growing use of mobile cellular telephones international: 

Radio broadcast stations: AM 2, FM 3, shortwave 0 (1998)

Radios: 338,000 (1997) Television broadcast stations: 4 (1997)

Televisions: 275,000 (1997) Internet country code: .bh Internet hosts: 1,334 (2003)

Internet Service Providers (ISPs): 1 (2000) Internet users: 195,700 (2003)

 

Medical facilities: Basic modern medical care and medicines are available in several hospitals and health centers in Bahrain. Two government hospitals, several private hospitals, and numerous private clinics located throughout the country offer a wide range of medical services. Cardiac care, general surgery, internal medicine, obstetrics, gynecology, pediatrics, orthopedics, and dentistry services are readily available, as are x-rays, CT-scan and MRI testing. The government hospitals house both trauma and ICU units. Pharmacies are common throughout Bahrain and carry a wide range of medications. Prescriptions are normally required.  Payment at all medical facilities is due at the time of service. Some hospitals have limited direct billing capability for certain insurance carriers. Billing and insurance practices vary among the medical facilities.


Crime: The crime rate in Bahrain is low and violent crime is rare. However, burglary, petty theft, and robberies do occur. Visitors are urged to take the same security precautions in Bahrain that one would practice in their home country. Hotel room doors should be locked when visitors are in their rooms, and travelers are encouraged to store valuables in hotel room safes when they are available. Women are encouraged to keep their purses firmly under their arms, and men should avoid keeping their wallets in their hip pockets while in the old market area. Travelers using local taxis should insist on the use of a meter to avoid being overcharged. Bahrain has a professional police force, and visitors are encouraged to contact the police if they encounter problems.

 

Visitors to Bahrain are subject to Bahraini laws and regulations, which sometimes differ significantly from those in the United States and may not afford the protections available to the individual under U.S. law. Persons violating Bahrain’s laws, even unknowingly, may be expelled, arrested, or imprisoned. Penalties for breaking the law can be more severe than in the United States for similar offenses. Disrespect to officials in word or deed can result in heavy fines. Travelers who are driving should be aware that one drink may be sufficient grounds for a DUI arrest. Penalties for possession, use, or trafficking in illegal drugs in Bahrain are severe, and convicted offenders can expect long jail sentences and heavy fines.

Traffic & Driving in Bahrain: Travel by road in Bahrain is generally safe although unsafe driving practices are common. Highways and major roads in the northern third of Bahrain are four to six lanes wide and well maintained; roads in villages and older parts of Manama and Muharraq are narrow and twisting. As in the United States, traffic in Bahrain moves on the right. Roundabouts (traffic circles) follow the British system, with those automobiles within the traffic circle having right of way over those attempting to enter. Although the Bahraini penal code calls for fines of up to 100 dinars ($270.00) or imprisonment of up to six months for driving above posted speed limits, it is not uncommon for drivers to drive well over the posted speed limits of 50-100 km per hour. The law allows the police to detain drivers for traffic violations until they can appear before a magistrate. It is illegal to use a cell phone while driving.

 

Under Bahraini law, any sign of having consumed alcohol may be taken as prima facie evidence of driving under the influence, which can lead to imprisonment and/or fines of up to 1,000 Bahraini Dinars (about 2,700 U.S. dollars). Except for minor accidents, drivers may not move their vehicles after an accident until a report has been filed with the traffic police. This is true even in cases of single-car accidents. Insurance companies may not provide coverage if the cars are moved. However, drivers involved in minor, non-injury accidents no longer need to wait at the scene for the police. Individuals should get their vehicles off the road to avoid further accidents.