Dr. Al Amer honors the participants in organizing CIO events            Gulf delegations praise CIO services            The Central Informatics Organization (CIO) plans to implement a series of development projects this year             Bahrain Granted "Maturity in GIS Achievement" 2013            CIO signed a memorandum of understanding with the (GISTEC) Foundation            Bahrain hosts top officials of GCC statistics authorities            Dr. Mohammed Al Amer: the Arab Tourism Statistics Forum is an opportunity to exchange the experiences .. The tourism sector represents 7% of the Bahraini economy             GCC Smart Card Committee Holds 9th Meeting            Kingdom of Bahrain review its GIS experience in front of 198 countries at United Nations conference            Government of Bahrain Inks Enterprise Agreement with Microsoft            CIO issued the National Accounts report for the fourth quarter of 2012            Dr al amer: Adoption of GCC Identity Card kicks off Mid-March 2013             Dr. Mohammed Ahmed Al Amer CIO President: We benefit from our resources and energies to improve all of our services            Al Amer: Bahrain economy is growing at 3.1% during the third quarter of 2012            Under the patronage of Dr. Mohammed Al-Amer Central Informatics & Telecommunications Organisation host the GIS day 2012             Interior Minister visits the Central Informatics & Telecommunication Organisation and commends the employees efforts             With participation of 21 employees from 8 government agencies Dr. Al Amer honors the participants in the GIS national training program              Al Amer: GDP growth at constant prices in Bahrain             CITO presents a workshop for World Union Open Spatial Information (OGC)             In the ITU Council Meeting in Geneva .. Dr. Al Amer: The Kingdom of Bahrain has paid great attention to develop the Information and Communication Technology sectonbsp;            CIO wins Geospatial Excellence Award             Dr. Al Haidan the only Arab member in the Global Spatial Data Infrastructure Association             Al Amer: Communications Directorate of the CIO managed and coordinated 600 frequency band for the F1             GCC General Secretariat adopts the unified identity card reader’s programme, established by Bahrain             The Central Informatics & Communication Organisation launches improvement opportunities lab             Al Amer:The best electronic project award as a result of guidance of the Minister of Interior and appreciation to CIO employees            Al Amer honors Directorates and Sections for receiving ISO            Dr. Al Amer: the integration of "Wireless and Frequencies" with the Organisation can provide better services            Minister of Interior praises Central Informatics & Communications development            Al Amer: National Accounts for the fourth quarter of 2011 report reveals the growth of GDP at constant prices 3.2%            Area of Bahrain Expands to 765.3 square kilometres            Central Informatics & Communications Organisation participates in Bahrain International Green Tech-Expo & Forum 2012            Bahrain Participates in Radiocommunication conference works in Switzerland            Deputy Premier Receives Japanese Delegation            A royal decree to rename the Central Informatics Organization            Central Informatics Organization Employees Camping            The visible committee of the National Dialogue held its first meeting to activate the disabilities card            New Image Of Bahrain by Dubai Industrial satellite            The Central Informatics Organization and the American International (ESRI) Foundation signed a Memorandum of Understanding            The Central Informatics Organization launches Agricultural Atlas             GCC delegation successfully tries to cross the electronic gateway of Bahrain Airport using ID card            The Central Informatics Organization honoring employees on Bahraini Women’s Day            CIO takes part in the first UN conference             CIO is conducting the third survey to measure the volume of Foreign Direct Investments (FDI) in the Kingdom of Bahrain             In World Statistics Day Dr. Al Amer sheds light on the Kingdom achievement and aspirations in statistics field             Dr. Khalid Abdul Rahman Al-Haidan Director of Geographic Information Systems of CIO received the Executive Leadership Award in the top four leaders of the world             Arabic e-content award that follow the WSA (World Submit Award) of the United Nations for Bahrain Locator project             E-content award for Bahrain Locator             CIO receives the Executive Leadership Award from ESRI, 2011             CIO Receives the Award for Outstanding Achievement in GIS from the Environmental Systems Research Institute (ESRI), 2011             Dr. Al Amer review the General Census success story using the administrative records and its impact on the Kingdom             Qatari and Omani delegation visits the Kingdom for the experience of activating the use of e-Gate             Workshop at CIO to create the quality auditors             CIO implement internal comprehensive audit of global quality standards (ISO 2008: 9001)             CIO creates (3D) maps for the Kingdom             Qatari and Omani delegation visits the Kingdom for the experience of activating the use of e-Gate             Workshop at CIO to create the quality auditors             CIO distributed Ramadan Gifts to the Staff             The Central Informatics Organization wins the World Submit Award on Arabic e-content              A memorandum of understanding between the CIO and the Emirates Institution for Advance Science in the space and satellite research field              The first phase with the General Directorate of Traffic .. Dr. Al Amer: Usage of the ID card to pay service charges soon              Kingdom of Bahrain leads a program to train the statisticians of the Organization of Islamic Conference States              CIO President Dr.Al Amer: ID card issuance amendments facilitate the citizens              Protection of information key to security              New ID regulations              Central Informatics Organization has a mechanism to achieve the quality standards             Dr. Khalid Al Hiddan member in the Global Advisory Council              During a ceremony honoring the CIO distinct employees Dr. Al Amer announces CIO performance indicators             
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Bahrain vision 2030
Finance and Insurance



The Government of the Kingdom of Bahrain has long searched alternatives for its national income. This is due to the economic depression facing the international oil market, and the remarkable annual decline in Bahrain’s production.

As an alternative, Bahrain has diversified its economy to include financial and commercial tradition. In addition to its tax-free facilities to encourage money markets, the stability of the market attracts most of the banking and financial establishments in the Middle East to transfer their activities to Bahrain. This has resulted in a spectacular development in the financial sector.

Bahrain’s Financial system consists of the Bahrain Central Bank (CBB) in addition to commercial banks and credit system, as well as insurance systems.

This chapter also presents data on the insurance activities and the companies operating in this field, where the data covers returned premiums and paid claims.



The Tables:
Table 16.01

Financial Institution Operating in Bahrain Distributed According to Type of Activity 2003-2008.
Table 16.02

Commercial Banks Operating at End of December - 2008.
Table 16.03

Currency Issued - Million BD - 2001- 2008.
Table 16.04

Bahrain Monetary Agency Assets and Liabilities - Million BD 1999 - 2008.
Table 16.05

Commercial Bank Assets - Million BD 1999 - 2008.
Table 16.06

Commercial Bank Liabilities - Million BD - 1999 - 2008.
Table 16.07

Money Supply - Million BD - 1999 - 2008.
Table 16.08

Interbank Payments - Million BD - 1999 - 2008.
Table 16.09

Bank Lending By Economic Sector -Million BD - 1999-2008.
Table 16.10

Actual Kingdom Revenues - Million BD - 1999 - 2006.
Table 16.11

Actual Kingdom Expenditure - Million BD - 1999 - 2006.
Table 16.12

*Estimated Kingdom Budget - Million BD - 2007 - 2008 .
Table 16.13

Estimated Kingdom Expenditure By Sector - Million BD - 2007 - 2008.
Table 16.14

Actual Projects Expenditure by Sector-Million BD- 1999-2006.
Table 16.15

Local Insurance Market Manpower 2004-2008.
Table 16.16

Number of Insurance Policies Issued ,Gross premium & Claim of Companies Operating in Bahrain in Thousand BD 2007-2008.



Sources of this Chapter‘s Tables:

- Bahrain Monetary Agency.
- Ministry of Finance & National Economy.

 

 

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The Central Informatics Organization wins the World Submit Award on Arabic e-content
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During a ceremony honoring the CIO distinct employees Dr. Al Amer announces CIO performance indicators
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