_http://www.gulf-news.com/Articles/BusinessNF.asp?ArticleID=144391_ 
(http://www.gulf-news.com/Articles/BusinessNF.asp?ArticleID=144391) 
Published: 19/12/2004, 07:44 (UAE)

Bahrain liberalises  business rules for Gulf nationals

By Mohammad Almezel, Bureau  Chief
Manama: Gulf nationals can participate in nearly every aspect of  Bahrain's 
economy, according to a royal decree just issued by King Hamad Bin  Eisa Al 
Khalifa. The decree comes two days before the 25th GCC summit.
 
Previously, GCC nationals needed a Bahraini partner to set up a business.  
The decree specifies a list of business activities that will remain closed to  
foreigners in Bahrain.
 
They include: pilgrimage services, manpower agencies, real estate agencies,  
newspapers and car rental companies.
 
Sources told Gulf News the summit might opt to speed up the adoption of a  
single currency from the previously agreed date of 2010 to  2007.


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