Analysis

Bahrain's financing frameworks boost sustainability initiatives
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As Bahrain’s policymakers work to create an environment conducive to the realisation of Bahrain Economic Vision 2030, the UN Sustainable Development Goals and the kingdom’s net-zero target, businesses are aligning strategic priorities and operational practices with national environmental and socio-economic objectives. In particular, investment in clean energy and energy-efficiency solutions, as…

Analysis

Emerging markets shifting towards sustainability initiatives
OBG
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Impact investment – which is designed to generate tangible social and environmental benefits alongside financial returns – presents promising risk-adjusted prospects. This type of investment not only provides value for investors, but can also greatly advance progress towards the UN Sustainable Development Goals. A Maturing Sector Impact investing continues to expand in both depth and sophistication,…

Analysis

Digital payment platforms grow with high demand in emerging markets
OBG
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Despite the ongoing macroeconomic and geopolitical headwinds experienced by the global economy, one area of the international financial system that has shown steady progression is digital payments. Since the Covid-19 pandemic, they have been spurred by a jump in remittance flows, and the greater availability of digital infrastructure and services, as well as higher demand for fast and seamless non-physical…

Analysis

Bahrain’s regulatory sandbox fuels growth in financial technology
OBG
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Bahrain’s financial technology (fintech) ecosystem has undergone significant changes in recent years as the country seeks to enhance its reputation for innovation in the financial services sector and stimulate the growth of start-ups. In September 2023 Benefit, a Bahraini fintech company providing electronic financial transaction services, finalised its acquisition of Bahrain FinTech Bay (BFB), which…

Analysis

Initiatives help insurance sector reduce climate change risk
OBG
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With the launch of a new joint initiative to support the countries most vulnerable to climate change, the global insurance industry is evolving in ways that could carry important implications for business in emerging markets. The initiative, the Global Shield against Climate Risks (GSCR), was announced by the ministers of finance of the Vulnerable Twenty (V20) Group – which comprises economies susceptible…

Analysis

Regional focus on ESG boosts Bahrain's green finance projects
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Following the COP28 UN Conference on Climate Change, hosted by the UAE in late 2023, GCC member countries have seen intensified regional efforts to expedite the energy transition, implement environmental strategies and establish new financial frameworks emphasising climate action. This shift has catalysed the emergence of new investment products and strategies that incorporate environmental, social…

Analysis

Emerging markets navigating the rising cost of solar power
OBG
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With high energy prices and supply chain disruptions creating shortages of renewable energy components and materials, emerging markets are reassessing how to build out utility-scale solar power to accelerate their energy transitions. After more than a decade of decline, the cost of solar photovoltaic (PV) panels has risen around the world, due primarily to the increasing cost of solar-grade polysilicon…

Analysis

Regional cooperation to boost Bahrain's tourism sector
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Bahrain’s Tourism Strategy 2022-26 aims to diversify the country’s economic portfolio and increase the sector’s contribution to GDP. Key targets of the strategy include attracting 14.1m tourists by 2026 and increasing average visitor expenditure and length of stay. The plan focuses on facilitating entry, developing tourist attractions, marketing and promoting tourism, and improving accommodation…

Analysis

Digital innovation contributes to resurgence in global travel
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The global tourism sector is gradually recovering from the impact of the Covid-19 pandemic. According to the UN Tourism’s World Tourism Barometer published in September 2024, international tourism reached 98% of pre-pandemic levels during the first nine months of that year, with an estimated 1.1bn international arrivals. This revival has been underpinned by the release of pent-up demand, increased…

Analysis

Bahraini residence permit to boost growth in real estate sector
OBG
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With new high-end villas and apartments coming on the market, filling them has been a challenge for Bahrain’s realtors, as the Gulf’s luxury segment is highly competitive. However, the kingdom’s new regulations regarding eligibility for long-term residency for foreign nationals are expected to boost Bahrain’s appeal to potential investors. In June 2023 the government issued an edict announcing…