Aside from traffic jams, most of Bahrain has remained relatively unaffected by the political protests of the past two weeks. But the reputational, economic and financial damage resulting from the unrest could still be significant.
After losing its position as the region’s pre-eminent financial hub to Dubai over the past decade, Bahrain has attempted to market itself as a socially liberal, business-friendly and stable place for companies.
Tanks may have been withdrawn from the streets of Manama, allowing protesters to retake the Pearl roundabout, but the island’s carefully nurtured image has been badly damaged by last week’s bloodshed.
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