Tag: Gross Domestic Product (GDP)

Bahrain tourism aims double digit growth for national GDP

Bahrain, the island nation in the Persian Gulf, is expecting a double-digit growth in the tourism and hospitality industry, that can further uplift the nation’s overall Gross Domestic Product (GDP). “Tourism has bestowed over 6.3 per cent to Bahrain’s GDP back in 2017. Hence the figures could rise up with respect to the completion of the ongoing tourism projects,” said Ali Ghunam Murtaza, the director of real estate, tourism and leisure business development at the Bahrain Economic Development Board (EDB). “We foresee the contribution to go up for many reasons. Part of that is that we are actively working towards ... Read more