Industry in Bahrain continues to grow as increasingly low borrowing rates, particularly for manufacturing, demonstrate banks’ willingness to finance projects in the sector. Bahrain’s manufacturing sector accounts for 15% of GDP making it the country’s third-largest economic contributor after hydrocarbons and financial services, and is expected to reach 20% of GDP within the next decade. The...
The Middle East Industry
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As the region faces up to the challenge of the recent drop in oil prices, Bahrain’s fundamentals indicate the kingdom is well positioned to weather the dip. The focus on diversification goals outlined in Economic Vision 2030 is helping establish a more competitive and sustainable economy in the kingdom. The financial sector, which represents Bahrain’s second-largest GDP contributor, has continued to recover robustly since the global economic downturn.
Interviews & Viewpoints | Hilal bin Hamad Al Hasani, CEO, Public Establishment for Industrial Estates (PEIE): Interview from The Report: Oman 2015
What is the PEIE’s strategy for addressing the growing demand for industrial land and infrastructure?
Articles & Analysis | Efforts to revitalise the mining industry hold great potential from The Report: Oman 2015
Mining activities in Oman are set to increase considerably in the coming years, following the discovery of significant reserves of mineable minerals, including gold, copper and rare earths. The government has recently moved to create a sustainable growth path for the industry, introducing new legislation aimed at increasing value addition and reducing raw exports. While...
Articles & Analysis | Major government investment aimed at industrialising the economy from The Report: Oman 2015
As Oman ramps up oil production and strives to reduce raw exports and bolster its downstream hydrocarbons sector, the petrochemicals industry is poised for strong expansion in the coming years. The government is pouring billions of dollars into the sector in an effort to industrialise the economy, improve value addition and create jobs, with a host of new projects in...
Articles & Analysis | A strong focus on value-added manufacturing and processing projects from The Report: Oman 2015
Vision 2020’s economic diversification mandate has seen Oman’s industrial segment expand rapidly in recent years. Offering a prime geographical position situated at the crossroads of world trade routes, an abundance of natural resources, and government incentives for foreign industrial investors, the sultanate’s industrial sector is one of the most business friendly in...