Bahrain celebrates national occasions Wed.


(MENAFN- Kuwait News Agency (KUNA)) MANAMA Dec 15 (KUNA) -- With accessories decorating the streets of the capital Manama Bahrainis are set to celebrate the 44th national day and the 16th anniversary of King Hamad's ascension to throne.Since independence in 1971 Bahrain had witnessed rapid architectural developments transforming from a state with minimum resources to a country considered as a regional commercial and financial hub.Bahrain's development is focused on the rise of the banking sector which managed to attract various financial institutions to invest in the Kingdom.In 1986 Bahrain witnessed an economic boom with the construction of the King Fahad Bridge linking Bahrain to mainland Saudi Arabia which in turn provided a valuable land route for the transfer of imports and exports.According to statistics some 35000 vehicles enter Bahrain from the bridge which led to the development of the tourism sector in the country.On the political level the ascension of King Hamad bin Issa Al-Khalifa in 1999 had led to many political constitutional and parliamentary reforms.In 2000 a committee was founded with the task of establishing a national accord document. It was subjected to a poll that resulted in the approval rate of 98 percent by voters.Based on the document a parliament was established with a membership of 40 lawmakers and representatives. The government on the other hand was formed by the King with the inclusion of 14 ministers.Bahrain's foreign policy was highlighted this year with its participation in the 'Operation Decisive Storm' and 'Operation Restoration of Hope' the Saudi-led coalition in Yemeni against the Houthi rebels.Several Bahraini servicemen were killed during the operations which led the King to issue a decree to commemorate the memory of Bahrain's fallen soldiers on December 17th. (end) mge.gta


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