How have low oil prices affected investments and the regional economic forecast more generally?
How have low oil prices affected investments and the regional economic forecast more generally?
The past decade has seen substantial changes in the global economy and geopolitics, with the rise of China and Russia’s re-emergence on the global stage being two particularly important trends. These developments are creating new opportunities for GCC member states as they look to diversify their economies and trade, seek investment...
The kingdom of Bahrain has thrived as one of the Gulf’s financial centres for decades. Despite increasing competition from emerging financial centres in the region, its advanced regulatory framework, educated workforce and relatively low-cost environment means that it remains an attractive platform for companies engaging with the wider GCC and...
One of the prevailing sentiments in all my conversations with leaders since I became prime minister has been this sense that in challenging times, you turn to your oldest and most dependable friends. As the UK leaves the EU, I am determined that we should seize the opportunity to get out into the world and to shape an even bigger global role...
The name Bahrain means “two seas” in Arabic. It is unclear what two seas the term specifically refers to, and for much of its history, Bahrain was the name for the eastern coast of Arabia. Only recently has it come to identify the islands of the Awal archipelago.
Bahrain, like other financial centres in the GCC, has successfully marketed itself as a low-tax environment in a bid to attract investment from across the globe. The majority of companies operating in the kingdom face no corporate tax at all, with only gas and oil companies engaged in exploration, production and refining facing a levy on...
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