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...
Over the past two decades, Bahrain has witnessed an emergence of a number of large-scale real estate development projects that have had a positive impact on the national economy and created countless job opportunities alongside attracting foreign investment to the kingdom. However, what was to be a carefully supervised and highly profitable...
Legislative Decree No. 21 of 2001 promulgating the Commercial Companies Law (Commercial Companies Law) has been amended by the recently issued Legislative Decree No. 50 of 2014 amending the Commercial Companies Law (New Law), introducing reform to Bahrain’s corporate environment.
Bahrain is home to one of the most liberalised telecoms markets in the Middle East. Although it is a relatively small market, with a population of 1.3m in 2014, according to the Central Informatics Organisation, its official statistics agency, the country is keen to leverage the telecoms sector to facilitate broader economic growth, and the...
Bahrain has a history of involvement with telecoms that dates back to 1864, when the island became a way station for the telegraph cable link between India and Europe. It was the first country in the Middle East to install a mainframe computer (at the Bahrain Petroleum Company, BAPCO, in 1962), to install a satellite station (1969) and to...
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