Diplomatic representation in the US:
chief of mission: Ambassador Houda Ezra Ibrahim NUNU chancery: 3502 International Drive NW, Washington, DC 20008 telephone: [1] (202) 342-1111 FAX: [1] (202) 362-2192 consulate(s) general: New York
Diplomatic representation from the US:
chief of mission: Ambassador J. Adam ERELI embassy: Building #979, Road 3119 (next to Al-Ahli Sports Club), Block 331, Zinj District, Manama mailing address: PSC 451, Box 660, FPO AE 09834-5100; international mail: American Embassy, Box 26431, Manama telephone: [973] 1724-2700 FAX: [973] 1727-0547
Flag description:
red, the traditional color for flags of Persian Gulf states, with a white serrated band (five white points) on the hoist side; the five points represent the five pillars of Islam
Economy
Bahrain
Economy - overview:
With its highly developed communication and transport facilities, Bahrain is home to numerous multinational firms with business in the Gulf. Petroleum production and refining account for over 60% of Bahrain's export receipts, over 70% of government revenues, and 11% of GDP (exclusive of allied industries), underpinning Bahrain's strong economic growth in recent years. Aluminum is Bahrain's second major export after oil. Other major segments of Bahrain's economy are the financial and construction sectors. Bahrain is focused on Islamic banking and is competing on an international scale with Malaysia as a worldwide banking center. Bahrain is actively pursuing the diversification and privatization of its economy to reduce the country's dependence on oil. As part of this effort, in August 2006 Bahrain and the US implemented a Free Trade Agreement (FTA), the first FTA between the US and a Gulf state. Continued strong growth hinges on Bahrain's ability to acquire new natural gas supplies as feedstock to support its expanding petrochemical and aluminum industries. Unemployment, especially among the young, and the depletion of oil and underground water resources are long-term economic problems.
GDP (purchasing power parity):