Bahrain in top 50 for online business setup MANAMA, January 14, 2021 Abdulaziz Khattak When it comes to the best places for setting up an online business, the Kingdom of Bahrain does pretty well considering the global completion. It ranks 38 out of 99 countries, according to Best Accounting Software, a global firm that reviews and rates financial software to help organisations make more informed purchases.
The island nation has shown promising potential in moving up the list thanks to a robust tech environment and supporting legal framework.
E-commerce continues to grow year-on-year, with eMarketer forecasting global sales worth $6.542 trillion by 2023, accounting for 22 per cent of all retail sales (up from 14.1 per cent in 2019). This means 2021 could be the year to start your online business.