Citizens edge out expats in business
The minister said citizens own 52 per cent of the kingdom's active commercial registrations, beating foreign stakeholders who account for the remaining 48pc. There are currently 88,200 active commercial registrations across the country, covering all types of businesses listed under the national 'Sijilat' system—including sole traders, partnerships, joint-stock companies, and limited liability firms.
Describing the figures, accurate as of mid-February, as 'steady and regularly reviewed,' the minister made the disclosure in a written response to MP Hamad Al Doy.
Foreign investment in Bahrain remains strong, with non-Bahraini nationals showing particular interest in sectors such as management consultancy, interior design, advertising, marketing, and real estate services involving owned or leased property, Mr Fakhro added.
Addressing concerns over non-Bahraini individuals operating under local cover, the minister highlighted an ongoing crackdown launched in 2021 with the Bahrain Chamber of Commerce and Industry. The initiative helped businesses correct their records, with 197 violations referred to the Public Prosecution, leading to shop closures and licence cancellations.
'Several cases are still pending before the courts, and inspections are continuing,' he confirmed.
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