Doha, December 15 (QNA) - The Kingdom of Bahrain will celebrate on Tuesday its 54th National Day amid pioneering developmental achievements and a comprehensive modern renaissance.

This national occasion demonstrates pride, belonging, and unity among the people of Bahrain, expressing profound loyalty, devotion, and gratitude to their prudent leadership, and underscoring pride in the milestones of the comprehensive developmental journey.

On this occasion, vital facilities and key infrastructure across Bahrain's governorates are bunting up in the colours of the national flag, while grand celebrations sweep the country in honour of this glorious national occasion.

Throughout recent years, Bahrain has witnessed achievements which ushered in a new era of a prosperous future, led by HM King Hamad bin Isa Al Khalifa, along with economic, educational, health, and developmental resurgence, as well as a sophisticated infrastructure.

The leadership in this country gives foremost attention to the financial, banking, and technological sector, thereby supporting the nation's economy and promoting its standing as a tremendous commercial, financial, and tourism hub in the Arab Gulf region.

This day represents an opportunity to celebrate the great achievements and renew the pledge to continue these milstones and protect the gains achieved for this nation, which is still and has been a homeland for co-existence, tolerance, love, and honesty.

The Kingdom is moving ahead in accordance with meticulously learned strategic plans spanning for a long-term future through launching its economic vision 2030, which charts a comprehensive plan for the development process.

These plans aim to set a clear approach for advancing the economy with a sharp focus on the key objective, which entails the improvement of living standards for all citizens.

This national day is marked as Bahrain is moving full steam ahead to execute its economic vision 2030, which is grounded on the principles of sustainability, competitiveness, and justice, undergirded by a flexible legislative environment, a qualified national workforce, and sophisticated digital infrastructure.

This is especially the case as the Kingdom maximizes the potential of non‑oil sectors, which today account for more than 86% of GDP, reflecting the success of its economic diversification policies, foremost of which are the development of promising sectors and the strengthening of partnership between the public and private sectors.

The first National Economic Strategy, prepared under the umbrella of the Bahrain Economic Development Board (EDB), serves as a roadmap for realizing Bahrain Economic Vision 2030, encompassing the Sustainable Development Goals, which represent the current government's priorities and form the foundation for implementing its plan.

High economic growth rates, sound government financing, improvements in human capital, justice, and a competitive labor market are all key factors in achieving most of the Sustainable Development Goals.

In October, the Ministry of Finance & National Economy (MOFNE) of the Kingdom of Bahrain released the Bahrain Economic Quarterly Report for Q2 2025, which recorded GDP growth of 2.5% during the second quarter of 2025.

The report highlighted the pivotal role of non‑oil activities in driving economic growth, with their contribution to real GDP reaching 85.2% in Q2 2025. 

In terms of non‑oil sector performance, professional, scientific, and technical activities recorded the highest growth rate at 12.0% during Q2 2025, followed by wholesale and retail trade activities at 6.7%, and then real estate activities at 4.7%.

The report also highlighted a 5.4% year-on-year increase in foreign direct investment during Q2 2025, bringing the total foreign direct investment stock to BHD 17.5 billion.

The Kingdom continues to achieve a remarkable game-changer in several global economic and development indicators, demonstrating the success of its strategy in economic diversification and promoting the business environment.

In a release to mark this day, the GCC Statistical Center (GCC‑Stat) stated that Bahrain has achieved concrete progress in global competitiveness indicators, advancing 8 positions in the Global Competitiveness Index to reach 22nd globally, 21 positions in the Economic Performance Index to occupy 18th worldwide, and 10 positions in the Business Efficiency Index to attain 14th globally.

Interestingly, Bahrain achieved 4th place regionally in economic freedom, being classified among “relatively free” economies, reflecting a flexible and supportive business environment that attracts global investments.

The nation also topped global investment attractiveness rankings, securing 5th place worldwide in attracting new foreign direct investment projects according to the Greenfield FDI Performance Index, and ranking among the top ten countries globally in investment incentives and overall investment appeal.

In addition, Bahrain secured 7th place globally in entrepreneurship policies and culture according to the Global Innovation Index 2025, and also ranked 7th worldwide in government policies supporting entrepreneurship according to the Global Entrepreneurship Monitor (GEM), while achieving 9th place globally in strengthening financing for entrepreneurial projects.

The Kingdom also ranked 3rd in the Arab region and 36th globally in human development, and is among the top ten countries worldwide in skilled labor.

On this day, the Kingdom is being bunting up in the grandiose red and white colors of its flag, with buildings and streets being adorned.

The institutions and their squares in Bahrain are celebrating this day through organizing numerous events and festivities that reflect the Bahraini culture and patrimony.

The events showcase recreational activities and folk shows that strengthen awareness of history and identity, in addition to presenting a number of cultural programs and musical performances, along with cultural exhibitions, lectures, child workshops, and other superb events. (QNA)