The Economic Effect Of Tourism On The Economy In Bahrain
Bahrain has known for many years for its fortune because it's located in the center of Arabian Gulf, which gave it a world-class strategic location. It has a wide and diversified historical and cultural legacy. Since the 19th century, it has been famed for its pearls, which is considered the best in the world. As well as, Bahrain had the first post-oil economy in the Persian Gulf. Tourists come from all around the world to visit this amazing place, Manama is the capital of Bahrain; it was nominated of Arab culture in 2012, the capital of Arab Tourism in 2013 and the capital of Asian Tourism in 2014 (mia.gov.bh, 2014). In this research, I will discuss the effect of tourism on the economy in Bahrain. Bahrain's history as a trading center has …show more content…
Tourism is defined as the activities of persons identified as visitors. Tourism affects many parts of the economy; it is an important source of employment creation and offers excellent opportunities and deals for entrepreneurship. But the overall economic effect of tourism is wide-ranging, as some parts of the economy are involved in producing and delivering the goods and services associated with many diverse types of tourism. Some of them are linked with transportation, accommodation, and yet others with entertaining or serving other different needs of visitors and …show more content…
One of the government's major successes was the inclusion of Bahrain on the International Grand Prix circuit the home of motorsport. The Bahrain Formula 1 Grand Prix of 2004 was the first of its kind in the Middle East, and it succeeded in its stated aim of bringing international attention to the kingdom (fanack, 2012). Added to that, the National Theatre of Bahrain, a one of a kind 3rd largest theatre in the Arab world and can seat 1001 people, also having lots of cinemas and cultural houses. Furthermore, Bahrain is an international center for conferences and exhibitions; it hosts many events annually including a range of international exhibitions in economic, industrial, cultural, commercial and environmental exhibitions. Besides the Bahrain International Air Show, which is established in 2010, and held under the patronage of His Majesty King Hamad bin Isa Al Khalifa, the event is renowned for its world-class facilities providing an opportunity to meet with industry peers and customers and participate in the civil and military delegations program (bahraininternationalairshow.com, 2017). Added to that, Bahrain Garden Show, Bahrain International Book Fair and Fine Arts Exhibition that is held every year in Bahrain. Additionally, hosting many events and festivals in
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