Portal:Bahrain/Selected article/1

Manama (المنامة Al Manāma) is the capital and largest city of Bahrain, with an approximate population of 155,000 people. Long an important trading center in the Persian Gulf, Manama is home to a very diverse population. After periods of Portuguese and Persian control and invasions from the ruling dynasties of Saudi Arabia and Oman, Bahrain established itself as an independent nation during the 19th century period of British hegemony. In the 20th century, Bahrain's oil wealth helped spur fast growth and in the 1990s a concerted diversification effort led to expansion in other industries and helped transform Manama into an important financial hub in the Middle East. Manama was designated as the capital of Arab culture for the year 2012 by the Arab League.

Manama is the focal point of the Bahraini economy. While petroleum has decreased in importance in recent years due to depleting reserves and growth in other industries, it is still the mainstay of the economy. Heavy industry (e.g. aluminium smelting, ship repair), banking and finance, and tourism are among the industries which have experienced recent growth. Several multinationals have facilities and offices in and around Manama. The primary industry in Manama itself is financial services, with over two hundred financial institutions and banks based in the CBD and the Diplomatic Area.

Manama is a financial hub for the Persian Gulf region and a center of Islamic banking. There is also a large retail sector in the shopping malls around Seef, while the center of Manama is dominated by small workshops and traders.