Bahrain Excels in WEF's Future of Growth Report 2024: Strong Performance Across Multiple Indices

Bahrain, February 28, 2024  Bahrain has received high global scores in the inaugural edition of the World Economic Forum’s (WEF) Future of Growth Report 2024, surpassing the global average in talent availability and digital and technology talent. 

The report introduces a new multidimensional framework across 107 countries, assessing economic growth based on innovativeness, inclusiveness, sustainability, and resilience. Bahrain ranked second in the Gulf for GDP per capita growth rate and demonstrated strong performance in human capital indicators, infrastructure quality, financial system resilience, technology supply concentration, and government adaptation.

The island nation also excelled in the financial ecosystem, particularly in digital payments and long-term financing availability, while its technology ecosystem showcased strengths in business culture, competition, and exports of advanced services.

 Bahrain's inclusive policies were reflected in its above-average ranking for workforce inclusion and access to financial services. Nada AlSaeed, Chief of Strategy at Bahrain Economic Development Board, attributed Bahrain's success to its talent attraction, progressive government frameworks, and business-friendly environment, positioning the country as an attractive destination for global investors seeking regional opportunities.

Source : www.zawya.com