King Fahd Causeway reopening to give Bahrain $2.9bn tourism boost
The reopening of the King Fahd Causeway, which connects Bahrain to Saudi Arabia, will add up to $2.9 billion to Bahrain’s economy this year, based on average tourism spending in 2019, according to the Bahrain Chamber of Commerce and Industry.
Saudi Arabia has said it will reopen land, sea, and air border crossings on May 17th. Bahrain attracted nearly 11 million visitors in 2019, of which 9 million were tourists. Saudis account for 88 percent of Bahrain’s visitors, the majority of whom come via the causeway.
Although trade between Bahrain and Saudi Arabia has continued throughout the Covid-19 pandemic, tourism has been severely affected, Asharrq reported citing Ali Al-Mudaifa, executive director of investments at the Economic Development Board.
Source Credit: Arab News
