Billion-dollar facelift as Bahrain bids to join Gulf boom

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Billion-dollar facelift as Bahrain bids to join Gulf boom
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MANAMA: With a multi-billion-dollar economic revamp in full swing, tiny Bahrain is vying to keep pace with its Gulf neighbors after more than a decade beset by political unrest.

It's a difficult path for the island nation that is a neighbor to gas-rich Qatar and connected by a causeway to Saudi Arabia, a key ally and the world's biggest oil exporter.The United Arab Emirates, another regional powerhouse with well-developed trade, tourism and financial industries alongside its large oil sector, is just a short flight away.

Sunni-ruled Bahrain, assailing the movement as a plot by Shiite theocracy Iran, banned opposition parties and jailed political opponents, drawing harsh international criticism.In 2018, wealthier Gulf countries agreed to support Bahrain's economic goals with $10 billion in loans, giving rise to the current building spree.As well as land reclamations for new housing projects and skyscrapers around Manama, Bahrain is building diving centers including an underwater park.

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