TAG: The Middle East
The regulatory landscape for Gulf financial service providers is changing, with growing awareness of the need for banking institutions to adopt sustainable finance frameworks and responsible lending and operational practices in order to manage risk and attract international investment.
Elevated oil prices are helping Bahrain rebound from the challenges of the Covid-19 pandemic, and driving an economic expansion that is expected to continue through 2022 and into the coming years.
Vision 2030 includes social development initiatives to empower micro-, small and medium-sized enterprises (MSMEs) and citizens, promote entrepreneurship and widen access to financing.