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Bahrain Commercial
hours
The working
week, number of hours worked and timing vary considerably. Here are
the main commercial hours:
-
Government offices: 07.00-14.15 Saturday to Wednesday.
-
Commercial organizations: Hours vary but 08.00-15.30 or
08.00-13.00 and 15.00-17.30 are common. Five day weeks are
becoming favoured though many establishments still work Saturday
to Thursday
.
- Shops
and supermarkets: Many open 08.30-12.30, 15.30-19.30 six days a
week. Markets and shops open Friday mornings (times vary).
-
Commercial banks: 07.30-12.00 Saturday to Wednesday, and for
many branches, 15.30-17.30 on the same afternoons, 07.30-11.00
Thursdays.
During the
holy month of Ramadhan, which precedes Eid-Al-Fitra . When Moslems
fast during daylight hours business life slows measurably and Moslem
employees are allowed shorter working hours than normal.
Money & Currency
The Bahraini
Dinar is linked with the US dollar at US$ 1= BD 0.375 and is divided
into 1000 fils. Notes are available in the following denominations:
500 fils (brown), one dinar (red), five dinars (blue), ten dinars
(green), and twenty dinars (peach). Coins come in units of 10,25,
50, and 100 fils. Money can be changed easily at any commercial bank
or at one of the money changers found in the Soukh. There are no
restrictions on the import and export of currency.
Bahrain is the financial services centre of the
Middle East. Utilizing sophisticated worldwide communications, it
serves both a regional and international clientele and provides a
complete range of financial and banking services including
well-developed offshore facilities.
Financial Institutions
- Commercial banks
- Specialized banks
- Offshore banking units
- Investment banks
- Representative offices Money and foreign exchange brokers
- Money changers
Credit Cards &
Travellers’ Cheques
Both forms of
payments are widely accepted in hotels and most business
establishments, although some smaller shops may prefer to deal in
cash. Though Bahrain has a very low crime rate, it is still
important to note separately the serial numbers of your cheques or
credit cards and the telephone numbers to call in case of loss. The
following numbers should be useful in case your card/ cheque is lost
or stolen.
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