Bahrain's move to lift its state of emergency two weeks earlier than planned may provide some relief for the kingdom's business community, but outside investors are now reassessing the risks associated with doing business there.
King Hamad last week called for an end to the state of emergency from June 1 from its original proposed date of June 15. It was declared in mid-March following month-long protests demanding political reforms. The kingdom called in troops from neighbouring Gulf states to help control the demonstrations.
This latest move appears in line with an attempt to showcase the kingdom as stable, but market commentators have said some economic repercussions following the unrest could be irreparable.
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