Is Bahrain Rich Country

Both the above races were won by fernando alonso of renault.

Is bahrain rich country. Most rich people live in the city while the poor live in the rural part of the country. Bahrain has a formula one race track which hosted the inaugural gulf air bahrain grand prix on 4 april 2004 the first in an arab country. The bahraini currency is the second highest valued currency unit in the world.

If pearls are your jam this country is a must. In severe cases poverty may impact certain demographic groups more than others. Americas richest self made women.

I think i can answer this as a bahraini national having been born and raised on the island currently residing in southern california. Since the late 20th century bahrain has heavily invested in the banking and tourism sectors. Provides an overview of bahrain including key events and facts about this oil rich state which has become a financial services centre.

Bahrains finance industry is very successful. Bahrain hosted the opening grand prix of the 2006 season on 12 march of that year. The countrys capital manama is home to many large financial structures.

In short it doesnt matter how rich a country may be if there are people living on the streets begging for money or food in order to provide for their children. Bahrain became extremely rich after it discovered crude oil in its island. Bahrain is famous for its flawless natural pearls.

The economy of bahrain is heavily dependent upon oil and gas. And since then there has been a massive development in the country. Wealthy families shop for the latest fashions in spacious new malls young saudi arabians cruise the broad highways and enjoy the relaxed atmosphere of the island state and foreign employees of the national oil company take advantage of huge leisure centers built for their exclusive use.

This was followed by the bahrain grand prix in 2005. Bahrain became extremely wealthy due to its discovery of oil on the island and its waters in the mid.