Bahrain is the most competitive GCC country when it comes to costs of operating a financial services business, with the kingdom offering savings of up to 27 per cent over regional peers.
This was the key finding of KPMG’s Cost of Doing Business in the GCC 2022 report, which measured the direct and indirect annual costs associated with operating a financial services institution in selected GCC regions: Dubai, Abu Dhabi, Saudi Arabia, and Bahrain .