How does Bahrain’s general economic environment affect the financial sector?
Regulators are encouraging mergers and acquisitions in Bahrain’s Islamic banking industry in a bid to cement the country’s position as one of the world’s leading sharia-compliant financial centres.
Buoyed by the solid performance of the non-oil sector, Bahrain’s economy has maintained steady growth throughout 2016, though future development could be impacted by rising public debt.
A number of new developments and initiatives are deepening Bahrain’s pool of government housing, offering opportunities for a wide range of investors and industries.
Central to Bahrain’s plans of both becoming a gas hub and meeting rising domestic energy demand is a new liquefied natural gas (LNG) terminal and regasification facility, the Bahrain LNG Import Terminal.
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