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Analysis

How the GCC is working to boost downstream production and exports
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With Russia’s invasion of Ukraine reigniting international debate about the pace of the global energy transition and the risks of relying on oil and gas imports from countries with opposing agendas, discussion in the Gulf is largely framed around how to extract maximum benefit from the remaining hydrocarbons wealth while also playing a responsible role in global efforts to both mitigate climate change…

Analysis

Bahrain’s Industrial Sector Strategy 2022-26 to attract investment
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The Industrial Sector Strategy 2022-26 was launched in late December 2021 as part of the national Economic Recovery Plan to help Bahrain recover from the economic slowdown brought on by the Covid-19 pandemic. The strategy focuses on increasing the sector’s contribution to GDP, expanding domestically produced exports and creating job opportunities. It is supported by efforts to adapt to the Fourth…

Analysis

How new visa scheme aims to stimulate Bahrain’s real estate market
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Bahrain is mounting a coordinated cross-government response to help revitalise the economy in the wake of the Covid-19 pandemic which has positive implications for the county’s real estate sector. In October 2021 the kingdom announced an Economic Recovery Plan comprising a series of five-year strategies targeting industry, logistics, tourism, financial services, the digital economy and other strategic…

Analysis

Innovative practices contribute to carbon-neutral building
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As the construction industry redefines its priorities to ensure sustainability, there is increasing recognition of the benefits of regenerative architecture as a means of lowering emissions. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the construction sector accounts for nearly 40% of global energy-related greenhouse…

Analysis

Modernisation projects drive Gulf logistical efficiencies
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Bahrain is making progress towards a long-standing goal of leveraging its geographic advantage as a gateway to the Gulf, using highly integrated port connections to become a leading regional logistics centre. In November 2021 the government unveiled the Logistics Services Sector Strategy 2022-26, which aims to lift the sector’s contribution to GDP to 10% and establish Bahrain among the top-20 logistics…

Overview

Hotel options in Bahrain
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ELITE RESORT & SPA Building 101 Sheikh Hamad Causeway T: +973 1731 3333 / 1755 8200 cro@elitegrouphotels.com www.elitegrouphotels.com Rooms: 154 suites with one, two or three bedrooms. Non-smoking rooms, VIP rooms and bridal suites. Business & Conference Facilities: 24-hour business centre with fax, internet and photocopying. Multifunctional gathering rooms with audiovisual equipment. Banquet…

Overview

What factors are setting the stage for economic growth in Bahrain
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For much of its history, Bahrain was the name for the eastern coast of Arabia. The name Bahrain means “two seas” in Arabic, and this has come to identify the largest of the 33 natural islands of the archipelago that makes up the kingdom. History The first notable inhabitants of the region were the Dilmun civilisation approximately 6000 years ago, but throughout history Bahrain’s geographically…

Overview

How Bahrain remained resilient among global economic crises
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After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with a return to growth, rising government revenue and a new plan for the kingdom’s future economy. It was able to weather the 2020-22 period that was characterised by low energy prices on international markets, which resulted in slowed GDP growth both in the GCC and at home.…

Overview

How Bahrain aims to leverage innovation to boost financial services
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Bahrain is home to one of the region’s most vibrant financial sectors, with financial services rivalling oil and gas in terms of economic importance: indeed, by late 2021 the financial sector had overtaken hydrocarbons as the largest contributor to the economy. The country’s Islamic finance sector is also strong, with Bahrain ranking fourth out of 135 countries and second in the MENA region in…

Overview

How Bahrain’s capital markets are bouncing back from the pandemic
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Bahrain’s capital markets have navigated challenging times in recent years, as the world has faced the Covid-19 pandemic, high volatility in energy markets and the fallout from Russia’s invasion of Ukraine. Despite these challenges, the kingdom continues to exercise an important influence on regional capital markets, attract investors and provide a sound platform for listed companies to raise funds.…