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Article: Bahrain thriving on diverse economic base. (special report on aftermath of Persian Gulf War)
- Article from:
- The Oil Daily
- Article date:
- November 11, 1991
- Author:
CopyrightCOPYRIGHT 1991 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Washington -- Bahrain has long been admired for its orderly development based on resourceful use of a relatively limited income base.
With a current population of 470,000 with a per capita income of $6,610, The State of Bahrain remains a relatively placid crossroads in a turbulent part of the road.
Bahrain's tradition of trade goes far back when the Sheikdom had links with Europe and Africa as well as other parts of Asia.
In the last century, merchants traded in stalls in the open air while they bought and sold gold, pearls, spices and linens, along with other provender with visitors from places like India, Persia, Zanzibar, Mombasa, and other ...