Major investments are underway in Bahrain to reinforce the electricity grid and broaden distribution as the kingdom tries to keep up with increasing demand for power.
Bahrain
Displaying 79 - 84 of 125
Economic update | Bahrain Year in Review 2014
21 Jan 2015
While a combination of high break-even prices and lower levels of fiscal reserves could see falling oil prices push Bahrain further into the red, the kingdom is still set to post respectable economic growth for the year, buoyed by a solid performance from its non-hydrocarbons sector.
The development of middle and lower income housing units in outlying areas in Bahrain is not only welcome news for those looking for a home to buy, it also signals a wave of new opportunities for retailers eyeing untapped markets in the kingdom.
Plans for increased spending on infrastructure developments are set to support further growth in Bahrain’s industrial sector via improved transport links and the construction of new large-scale facilities. However, falling oil revenue may impact funding availability for some capital works, potentially cooling long-term prospects in the sector.
Economic update | Steady growth for Bahrain’s economy
10 Nov 2014
A solid performance from the non-oil sector and increased state spending are forecast to drive economic growth in Bahrain above both regional and global averages this year, though falling oil prices and rising debt levels could impact expansion in 2015.
As part of plans to tackle delays on the King Fahd causeway, Bahrain is taking steps to reduce waiting times and ease congestion on its road link with Saudi Arabia while larger measures are under consideration.