A continued flow of investments in infrastructure looks set to maintain Bahrain’s upward trajectory in the second half of this year, with non-hydrocarbons sectors helping to drive the country’s fastest growth rate in two years.
A continued flow of investments in infrastructure looks set to maintain Bahrain’s upward trajectory in the second half of this year, with non-hydrocarbons sectors helping to drive the country’s fastest growth rate in two years.
8 13 17 18 21 23 27 35 36 37 39 40 42 In the face of the challenges posed by declining oil prices and regional unrest, Bahrain has remained committed to its programme of economic diversification. While GDP growth is forecast at 3.3% in 2016, the fiscal gap is not expected to close significantly. However, the advancement of SMEs, as well as...
With Mumtalakat aiming to double its assets under management in the next seven years, what specific areas are you targeting?
In a low-tax nation such as Bahrain the obvious part of the balance sheet to look at when addressing a stubborn fiscal deficit is government spending. It is hardly surprising, then, that over the past year the question of government subsidies has come to the fore in the public debate on the nation’s challenging economic situation.
One of the unfortunate consequences of the recent fall in oil prices is a regional tightening of lending conditions for small and medium-sized enterprises (SMEs). The vulnerability of smaller firms to business interruptions means that lenders adopt a cautious stance, often demanding more collateral or stricter documentation standards, and...
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