Shaping Bahrain's Economic Future Bahrain is strategically positioning itself to shape a prosperous economic future through a series of well-planned initiatives and reforms aimed at diversification, innovation, and business in bahrain for expats for sustainable growth. The Kingdom's forward-thinking approach, encapsulated in its Economic Vision 2030, focuses on creating a balanced and resilient economy that can thrive in the global market. Economic Vision 2030 Launched in 2008, Bahrain's Economic Vision 2030 outlines the Kingdom's long-term economic strategy. The vision aims to shift Bahrain from an economy heavily dependent on oil to one that is more diversified and sustainable. Key pillars of this vision include sustainability, fairness, and competitiveness. The government aims to enhance the quality of life for its citizens by creating high-quality job opportunities and promoting social equity. Diversification and Innovation Diversification is a cornerstone of Bahrain’s economic strategy. Recognizing the finite nature of oil resources, Bahrain is investing heavily in sectors such as financial services, information and communication technology (ICT), tourism, logistics, and manufacturing. The Bahrain Economic Development Board (EDB) plays a crucial role in this effort, attracting foreign direct investment (FDI) and supporting the development of these sectors. Innovation is another key driver of Bahrain's economic future. The Kingdom is fostering a vibrant startup ecosystem through initiatives like Bahrain FinTech Bay, one of the largest fin tech hubs in the Middle East. The Central Bank of Bahrain's Regulatory Sandbox allows fin tech startups to test their products in a controlled environment, encouraging innovation while ensuring consumer protection.