Franchise Opportunities in Bahrain
Popular franchise directions in Bahrain
Attractiveness of Bahrain for the development of franchise business
The population of Bahrain, a small country located in the Middle East, is 1,638,930 people. 79.2% of citizens live in an urban area. The largest cities of the country: the capital, Manama with 147,074 ppl, Al Muharraq (97,458) and Ar Rifa (79,550) create favorable opportunities for different businesses including franchising.
The economy of Bahrain highly relies on petroleum production and refining, aluminum smelting; iron pelletization; fertilizers. The main trade partners are United Arab Emirates, Saudi Arabia, and United States.
Franchising has been promoted in Bahrain as a model for helping develop small and medium-sized enterprises. Right now franchise agreements are governed by standard commercial laws. However, the Bahraini Government has the intention to arrange a specialized body of legislation for the regulation of franchising activities.
The franchise market is growing fast; local companies are ready to invest in international brands as the demand for them is constantly growing. Especially popular are franchises operating in fast food, restaurant, retail sectors. Automotive services and spare parts, high-end fashion, printing, and convenience stores are the best sectors for starting a franchise. Local companies see franchising as an opportunity to expand their concepts and gain profit.
There are high investment business opportunities, as well as cheap franchises in Bahrain presented for review, the choice is yours.
Indicators of Bahraini Business Market
Currency: Bahraini dinar (BHD, BD)
Education Index (2015): 0,893
Official languages: Arabic
Per capita GDP (PPP): $50,750
Quality-of-life index (0-10): -
Population: 1,43 mln
Total GDP (PPP): $75,174 billion
Ease of Doing Business Ranking, Rank: 62
Human Development Index (HDI): 0,846