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A Special International Report Prepared by The Washington Times Advertising Department - Published on March 21, 2000

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Advertisers

 Bank of Bahrain and Kuwait B.S.C.

 Sheraton Bahrain Hotel

 John J. Nowell and Zodiac Publishing

 Arab Banking Corporation (B.S.C)

 ABC Islamic Bank (E.C.)

 First Islamic Investment Bank E.C.

 Al-Ahi Bank

 Arados Car Hiring

 The Bahrain Petroleum Company B.S.C. (Closed)

 Abdulla Ahmed Nass Group

 Gulf Petrochemical Industries Co. (B.S.C.)

 Khazana

 Bahrain Tourism Affairs

 Le Royal Meridien

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A Special International Report Prepared by The Washington Times
Advertising Department
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Written by:
Barbara G. B. Ferguson
Project Director:
Hala Nasreddine
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For more information, call
The Washington Times International Advertising Department
at (202) 636-3035
(202) 635-0103 fax
e-mail: natlad@wt.infi.net

Director, International Business Development
Carl Hagen
Production Supervisor:
Jill Koehler
Graphic Designer:
Ann Englehart
Website Design:
Earl Murton Associates, LLC

Copyright © 2000 News World Communications, Inc.

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About Bahrain

Head of State
    The Amir of Bahrain, His Highness Shaikh Hamad bin Isa Al Khalifa.

Official title
    State of Bahrain

Geography
    An archipelago of over 30 islands about halfway down the Gulf. Surface area 676 square kilometers.

Time zone
    GMT +3, which means that Bahrain has day round contact with all of the world's business centers

Population
    620,378

Religion
    Islam is the state religion. Places of worship exist for Christians, Jews, Bahai's, Hindus, Buddhists and Parsees.

Capital
    Manama

Languages
    Arabic and English

People and customs
    • Rich heritage. Bahrain has a long tradition of association with other races, stable Government and a strong sense of national identity. With relics tracing the existence of civilization to 3,000 B.C., Bahrain is the historical focus of the region.
    • Young population. One of the few countries in the Gulf where nationals are in the majority, Bahrain is populated by young people, with almost half under the age of 20. The country's indigenous work force is fully conversant in English.
    • Relaxed, liberal and cosmopolitan

Lliving environment
    Bahrain has a welcoming attitude to expatriate management and their families.

Climate
    October to April average 15 - 20 C; summer temperatures hot and humid at 36C.

Currency
    Freely convertible, the stable Bahraini Dinar is linked to the U.S. Dollar at US$1 - BD0.375.

Electricity
    220 Volts, 50 cycles, AC throughout Bahrain

Weights and measures
    Metric system

Medical facilities
    Excellent public and private services at primary, secondary and tertiary levels.

Commercial hours
    Tend to vary, but 8:00 - 13:00 and 15:00 - 18:00 are common, Saturday to Wednesday plus half day on Thursday. Government offices are open from 7 am - 2:15 pm, Saturday through Wednesday.

Shopping hours
    Typically from 8:30 - 19:30, with many shops closed from 13:00 - 15:30 for lunch. Friday is the weekly day of rest, but some shops are open on this day.

Banking hours
    7:30 - 12:00    Saturday to Wednesday
    7:30 - 11:00    Thursday
    15:30 - 17:30    Saturday to Wednesday (for other branches)

Entry and visas
    • Transit visas for 72 hours or seven-day visit visas for conference and exhibition delegates, businessmen and dependants can be obtained at the port of entry or at Bahrain's embassies and consulates.
    • Tourist groups may also avail themselves of the seven-day visit visa, provided previous arrangements have been made with the Directorate of Tourism and Archaeology at the Ministry of Information and Cabinet Affairs or with hotels, travel agents or tourist organizers in Bahrain.
    • Unless visitors to Bahrain hold passports of the Gulf Cooperation Council/GCC states (Bahrain, Kuwait, Oman, Qatar, Kingdom of Saudi Arabia, United Arab Emirates), entry visas are required. Visas are available from all embassies and consulates.

Flight times to major world cities
    • Amsterdam     7 hours 50 minutes
    • Bangkok     6 hours 25 minutes
    • Colombo     4 hours 35 minutes
    • Hong Kong     8 hours
    • Johannesburg     10 hours 5 minutes
    • London     7 hours
    • Los Angles     15 hours
    • Manila     8 hours 40 minutes
    • Moscow     4 hours
    • New York     12 hours
    • Paris     7 hours 10 minutes
    • Singapore     7 hours 35 minutes
    • Sydney     15 hours

Flight times to major regional cities (approximate times for direct flights from Bahrain)
    • Abu Dhabi     1 hour
    • Cairo     2 hours 45 minutes
    • Delhi     3 hours
    • Dhahran     10 minutes
    • Doha     40 minutes
    • Dubai     1 hour
    • Jeddah     2 hours 10 minutes
    • Karachi     2 hours 30 minutes
    • Kuwait     1 hour
    • Muscat     1 hour 30 minutes
    • Riyadh     1 hour
    • Tehran     2 hours

Customs regulations
    • One bottle of spirits, half a pound of tobacco and 200 cigarettes are allowed duty-free.
    • Pornographic and obscene literature and pictures, arms and ammunitions, cultured pearls are all prohibited.

Bahrain Law
    • No personal or corporate taxation
    • 100% foreign ownership possible
    • Exempt offshore section
    • Extensive opportunities for local partnership
    • Fast track company registration procedures in seven days
    • Straightforward customs procedures
    • No exchange control
    • A long and clearly established framework of commercial laws

Advanced telecommunications system
    • Bahrain's telecommunications system is among the most sophisticated in the world. Services provided by Bahrain Telecommunications Company (Batelco) range from video conferencing, 156 countries that can be phoned or faxed direct, leased circuits and database access. Mobile phones are available for hire.
    • Telecommunication charges. Among the lowest in the region.
    • The country's Internet network has the largest volume of subscribers per capita than in any Arab country. Nearly 1 in every 30 Bahrain residents is an Internet subscriber, with early 10% of the total population accessing Internet on a regular basis, i.e., through the workplace, school or cyber cafes.
    • Bahrain International Airport - Gulf's most modern airport terminal served by many of the world's leading airlines. Number of passengers that traveled through Bahrain International Airport in 1999: 4.46 million (Source: Ministry of Transportation)
    • Bahrain-Saudi Causeway: 25km Causeway linking Bahrain with Eastern province of Saudi Arabia
    • Top quality beach resorts, water sports and pleasure trips
    • Opportunities for unique customized excursions
    • Over the last five years, the volume of tourists in Bahrain has grown twenty fold: making the country the premier vacation center in the Gulf.
    • Bahrain Duty Free voted best in the world for a second time in three years --- a first in 13 years. The first time in 13 years that any airport in the world had won the coveted honor of Airport Retailer of the Year twice.

Important contact numbers to remember: (Please note Bahrain's country code is +973)

• Ministry of Commerce, Directorate of External Commercial Relations.
    Telephone 533538; Facsimile 536145

• Bahrain Promotions and Marketing Board (BPMB).
    Telephone 533886; Facsimile 531117

• Ministry of Cabinet Affairs & Information, Directorate of Tourism.
    Telephone 211199; Facsimile 682777

• Ministry of Finance & National Economy, Directorate of Customs & Ports.
    Telephone 725333 (Customs) 725555 (Ports); Facsimile 725534

• Ministry of Labor & Social Affairs.
    Telephone 685486; Facsimile 680600

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Table of Contents

The Al Khalifa Dynasty - Ruling Bahrain Since 1783

H. H. Shaikh Khalifa Bin Salman Al Khalifa, Prime Minister

Johnny Young, U.S. Ambassador to Bahrain

The most liberal economy in Arab world

Bahrain: The financial hub of the Middle East

About Bahrain

Arab Banking Corporation and Arab Banking Corporation Islamic Bank

A Regional Leader with an International Network

The Growing Years

ABC Islamic Bank E.C.

Islamic banks in Bahrain

First Islamic Bank expects continued growth

The Bankers’ Society of Bahrain

Bank of Bahrain and Kuwait

Al-Ahli Commercial Bank embraces the New Millennium

Bapco - Bahrain's oil industry keeping ahead of the times

Gulf Petrochemical Industries Company

ALBA - Bahrain's Aluminum Industry: Keeping Ahead of the Pack

The Abdulla Ahmed NASS Group

The Dilmun Civilization (3200 - 1600 B.C.)

Dilmun cats - a rare Bahraini breed

Pearls

The Jews of Bahrain

“Management, without creativity, is very sterile”

Le Royal Meridien Bahrain

Bab el Bahrain and the souk

Promoting the land of a thousand smiles

Dhows - Bahrain’s Heritage

Transforming Bahrain’s Sheraton Hotel