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Analysis

Insurers around the world adopt sustainable criteria
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As environmental, social and governance (ESG) concerns become increasingly important in the corporate world, insurance companies are emerging as potentially key players in the shift away from fossil fuel-powered projects. The launch of the UN-convened Net-Zero Insurance Alliance (NZIA) in July 2021 reflects an ongoing change in the global insurance industry towards the wider recognition of the risks…
Economic News

How the GCC Railway could revolutionise trade and transport in the Gulf

– Gulf countries have moved to revive the GCC Railway project – The rail link would significantly improve connectivity and trade within the bloc – Saudi Arabia, the UAE and Qatar have all improved transport networks in recent years – It is hoped that the project will give impetus to rail development elsewhere in the bloc Following delays, the long-awaited GCC Railway looks likely to…
Global Platform

Jean-Christophe Durand, CEO, National Bank of Bahrain

In this Global Platform video, Jean-Christophe Durand, CEO of the National Bank of Bahrain, discusses how the Covid-19 pandemic helped shift the focus to sustainability and digitalisation in Bahrain’s banking sector.

Growth and Recovery Report

Report: Can agri-tech offer sustainable solutions to GCC food security challenges?

Food production in the GCC has long faced obstacles ranging from water scarcity to a lack of arable soil – factors that are being exacerbated by climate change. Prior to Covid-19, imports accounted for 85% of the region’s collective food needs. However, the disruption to global supply chains precipitated by the pandemic – as well as the more recent invasion of Ukraine by Russia – has underlined…

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Bahrain

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Growth and Recovery Report

Report: What is the post-Covid-19 outlook for GCC chemicals and petrochemicals?

The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations. With economic diversification a leading concern for GCC economies, this publication details the structure, key stakeholders, and strategic contribution of chemicals and petrochemicals to economic diversification in the region. The report evaluates regional petrochemicals…
Economic News

Spending or saving: how is the Gulf approaching 2022?

– Despite high oil prices, many Gulf countries are following fiscally stringent strategies – Saudi Arabia is expecting its first budget surplus in eight years in 2022 – Some countries are introducing corporate taxes and VAT to bolster revenue – Governments are balancing the need for diversification with fiscal realities As oil prices reach 7.5-year highs, a number of countries in the…