Targeting improvements in domestic infrastructure as well as expanding the links between the kingdom, the rest of the Gulf region and further afield, Bahrain is investing heavily in its transport networks. Among the major ongoing developments is the Airport Modernisation Programme, launched in 2016 to cater for rising air traffic and with the...
Substantial investment in the road network is under way in Bahrain. The standout project is the upcoming King Hamad Causeway, which will provide an additional link to Saudi Arabia, and is set to be built on a public-private partnership (PPP) basis.
While Bahrain has pushed successfully to become one of the most diversified economies in the Gulf region, petroleum products still make up a significant share of the country’s total exports; 50% of all exports in 2016, according to data from the United Nations International Trade Statistics Database and the World Bank. In addition, the drive...
In 2017 Bahrain took an important step towards a more centralised approach to sharia supervision. The issue has been on the domestic agenda for some years, and speaks to the broader conversation taking place in the global Islamic financial services (IFS) sector as to how the industry should be governed.
With Bahrain’s population and industrial footprint growing at pace, the kingdom has had to expand its electricity infrastructure. According to the Ministry of Electricity and Water Affairs, Bahrain has an available electricity capacity of nearly 3921 MW, with peak demand hitting 3418 MW in summer 2016. At the same time, top estimates have peak...
Reduced oil prices and fiscal austerity measures being carried out by governments across the GCC have resulted in a challenging environment for Bahrain’s sharia-compliant financial institutions. The competitive domestic market – home to the largest concentration of Islamic financial institutions in the Middle East – has reacted to adverse...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×