Economic Resilience Hailed by MP

TDT | Manama

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Bahrain’s first-quarter economic performance reflects a nation capable of achieving balanced and sustainable growth despite global headwinds, according to MP Dr Maryam Al Dhaen.

She said the latest quarterly economic report underscored the strength and resilience of the national economy, crediting targeted policies with steering the Kingdom toward steady development.

Policy impact

Dr Al Dhaen pointed to a 2.7 per cent rise in gross domestic product, driven by a 2.2 per cent increase in non-oil activities, as evidence of the success of diversification efforts and the bolstering of productive and service sectors. She noted that non-oil activities contributed 84.8 per cent of GDP at constant prices, signalling a qualitative shift in Bahrain’s economic structure.

Tourism success

The MP highlighted the accommodation and food services sector’s 10.3 per cent growth as a sign of the tourism industry’s vitality. She credited the expansion of hospitality infrastructure, broader guest offerings, and Bahrain’s hosting of major international events for boosting hotel occupancy and attracting visitors from across the region and beyond. These outcomes, she said, confirmed the effectiveness of the 2022– 2026 tourism strategy in making the sector a key economic pillar and in creating quality jobs.

Investor confidence

Dr Al Dhaen also praised the performance of financial and insurance activities, along with gains in education and construction, as proof of a diversified base for sustained growth. She pointed to a 3.5 per cent increase in foreign direct investment, which reached BHD 17.1 billion, as a reflection of investor trust in Bahrain’s business climate and the government’s success in attracting capital and enhancing competitiveness.

Steady path ahead

She concluded that Bahrain is advancing steadily toward its economic and development goals, supported by the leadership’s vision, ongoing backing for vital sectors, and continued investment in infrastructure and human capital.