Riots in Bahrain

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16 March 2011, last updated at 12: 02 GMT by Simon Atkinson business reporter, BBC News oil is the key to the Bahrain trying economy - but it, its dependency to reduce Bahrain was the first place in the Middle East to hit oil.

But look, good number one in 1931, was only discovering the Gulf Kingdom so far.

The product accounts for only about 15% of its economic output, and the economy is dependent on other sectors, notably financial services and tourism.

But - in view of the lack of taxation in the country - oil, important source of financing is still the Government.

Now, this previously peaceful State is shaken by mass demonstrations, enforces an influx of Saudi Arabia and other foreign troops and a violent suppression of Bahrain security.

So, would what further interruption in the Kingdom means for its economy?

Banking sector

Bahrain steady growth - of about 4,3% has seen in the first nine months 2010 according to the latest data available.

On the other hand led to the demonstrations in Egypt and Tunisia - which are ultimately motivated guides - protesters in Bahrain apparently not due to problems of poverty to the fall of the countries.

However, monitor says enormous natural resources, not Julie Richards, Middle East analyst at the London Business compared with other countries in the region, Bahrain index.

"More than Egypt or Tunisia range is of course, but to the Gulf region, it is not so wealthy as Qatar or the United Arab Emirates [U.A.E.] for example," told the BBC.

"It has oil production, but this is quite small." "It has a financial center and other industries such as tourism, are very important in the Kingdom as well."

Continuation of the main story

Bahrain is a place, very safe and very inviting for people from everywhere. "We don't want that beatings take a costume picture"

Nabeel Kanoo quote end head of the Bahrain industry and Chamber of Commerce and industry Tourism Committee some banks still have their regional in Bahrain's capital Manama bases, and it remains a Centre for insurance and Islamic banking.

There are about 400 licensed financial institutions, including 138 banks, of which 28 are purely Islamic, according to the Central Bank of Bahrain, which says held $224 billion in total assets of the banking sector in Bahrain.

There are nearly 170 insurance companies, but has Bahrain of Dubai in the United Arab Emirates for the title of the financial centre of the Gulf was overtaken.

"By examining the social risk"

Until recently, Bahrain's banking and stock exchange despite the protests was left open.

But, that all changed on Wednesday 16 March, when until further as the Government closed declares state of emergency stock exchange the Bahrain.

How to create a Grand Prix circuit was an effort to enhance Bahrain's economic attractiveness and progress

Some analysts say that the violence can international companies to consider their position on the streets.

HSBC and Standard Chartered - two of the largest foreign banks in Dubai - have in fact, just announced the closure of all its branches, the safety of the staff ensure.

"Investors are re-evaluating the risks in the Middle East and Gulf region," says Mrs of Richards. "But may not drag businesses from the region as a whole - she could look - for more stable basis perhaps in Abu Dhabi and Qatar as.."

'Bad image'

A further key industry is tourism, which is currently just under 9% of the Kingdom's GDP - something has said it hopes to increase to 11% by 2020.

The tourism sector had a lot of potential and witnessed rapid development, says the Bahrain Chamber of Commerce and industry's Tourism Committee head, Nabeel Kanoo.

But he said that increasing protests, the Gulf News "would spread Bahrain is not secure and it is not true," he said, speaking before foreign troops in the country.

"Bahrain is very safe and very inviting for people from a place." We will take this image a costume beating not, "he added."

MS Richards said it each year giving you signs that visits, especially from Saudi Arabia, a great source of about two million visitors have been canceled.

A means to increase the tourist has international events - including the formula 1 Grand Prix hosting was.

But now cancelled the season-opening race because of the unrest in the country, something that Mrs Richards feared would "give a very bad image of Bahrain's tourism industry".