 Throughout its history Bahrain, in ancient times known as Dilmun and Tylos, has been considered as a focal point where different cultures and people can meet, and where business and social exchanges can occur in a peaceful and mutually convenient setting. This long-standing role has been further developed in the modern State of Bahrain which hosts a vibrant international business community while promoting economic stability and peaceful international relations.
Bahrain's socio-economic success and political growth are the result of prudent government policies aimed at providing a secure, peaceful and rewarding atmosphere for its people. Wise use of its limited oil resources has enabled it to develop a modern infrastructure which has attracted a large number of international financial institutions, a growing list of trading and manufacturing enterprises as well as an expanding tourism industry.
For the third year in succession the 1998 United Nations Development Programme (UNDP) Human Development Report (HDR) places Bahrain in first position among Arabian countries on its Human Development Index, thus acknowledging the comprehensive strides that Bahrain has made in its nurturing of a modern caring society. As a result of regional and international recognition for its achievements, Bahrain has been chosen to join the UN Security Council as non-permanent member for the 1998/199 session.
Development of human resources has yielded tangible gains particularly in diversifying national income revenues and maximum individual contributions towards the country's success. Bahrain is a member of the GCC, the Arab League, the UN, IMF, WTO, the World Bank, the Arab Fund, the OIC, the Islamic Development Bank and many other international organisations.
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