May 14      Moody’s Investors Service affirmed Bahrain’s B2 credit rating with a stable outlook, highlighting the country’s economic resilience and potential for future growth, despite ongoing fiscal challenges.

May 6       Bahrain has achieved impressive results on the Global Connectedness Index 2024, published by international logistics giant DHL, climbing seven ranks to secure the 25th position globally and the most improving country since 2021. 

April 9      Bahrain experienced a 2.4% increase in its gross domestic product (GDP) at constant prices in 2023 compared to the previous year. According to the Information and eGovernment Authority (iGA), Bahrain’s GDP reached BD13.6 billion ($36.08 billion) at constant prices in 2023, up from BD13.3 billion ($35 billion) in the previous year.

April 1      A blueprint to put Bahrain amongst the top 20 countries in logistics, increase flight destinations to 70 and increase the flow of air freight to one million metric tonnes is underway. Transportation and Telecommunications Minister said that infrastructure work continues at Bahrain International Airport to form a comprehensive and advanced global logistics center. 

March 21    Bahrain witnessed in 2023 a significant shift towards digitalization in its government services, resulting in numerous benefits. Approximately 10.4 million government transactions were conducted through digital channels, leading to an impressive 85% reduction in operational costs for the government and significant time savings.

March 15    Moody’s has affirmed a stable outlook for Bahraini banks, citing the sustained growth in the non-oil economy and favorable operating conditions.