In a bid to turn the kingdom into a knowledge-based economy, the British Accreditation Council (BAC) is rolling out Bahrain’s national university accreditation system following the completion of the second of several pilot inspections at the turn of the year.
An expanded bus network and a new light rail project are set to improve traffic conditions in Bahrain, while a planned second causeway to the Arabian peninsula should help ease regional freight transport over the long term.
Early indicators suggest that investor sentiment in Bahrain has been largely unaffected by a recent credit rating downgrade from Standard & Poor’s (S&P).
New investments in the hospitality sector and efforts to raise Bahrain’s international profile should drive tourism growth in 2016, broadening the kingdom’s appeal as a destination for travellers from the region and further afield.
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...
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