The Daily Tribune – www.newsofbahrain.com
The reopening of the King Fahd causeway, the only terrestrial link connecting Bahrain and Saudi Arabia, after months-long closure owing to the deadly pandemic, is predicted to give the economy of Bahrain a 2.9 billion dollar boost from an expected spending surge.
Bahrain is bracing for a large influx of travellers after reopening, said Khalid Najibi, the first vice-chairman of the Bahrain Chamber, board member of King Fahd Causeway Authority, citing spending habits from 2019.
He said that Bahrain received around 75 thousand tourists per day through the King Fahd Causeway in 2019. “The arrivals will revitalise many sectors of the national economy, key among which is tourism and hospitality, recreation, and retail.”
BCCI role in boosting GDP hailed
MANAMA, December 7, 2020 Bahrain s Minister of Industry, Commerce and Tourism, Zayed bin Rashid Al Zayani, has lauded the role played by the Bahrain Chamber of Commerce and Industry (BCCI) in boosting economic development and increasing the contribution of the private sector to the GDP. He also pointed out the key role being played by the chamber in achieving the visions and strategies of the government and the private sector in the economic and development field. This was stated at a meeting at Bait Al Tijjar the minister had with with Board Chairman of BCCI, Samir Abdullah Nass, a BNA report said.