Recent years have seen increasing signs of the emergence of what has been dubbed a Fourth Industrial Revolution (4IR), also known as Industry 4.0. This revolution relies on machine-to-machine communication, also sometimes known as the internet of things (IoT), 3D printing and artificial intelligence.
Bahrain International Airport (BIA) will soon be housed in a new international air terminal which is currently being constructed at an estimated cost of $1.1bn. This project is a recipient of finance from the Gulf Development Fund, which plans to channel $10bn altogether into Bahrain.
What is the status of the new terminal that is being built at Bahrain International Airport?
Real estate development is a significant contributor to the Bahraini economy and 2017 saw the sector post its strongest growth rate in years, though activity slowed in the first half of 2018. Nevertheless, a major government initiative to expand the stock of affordable housing has stimulated activity in the sector. In addition, rising demand...
How will the new Real Estate Regulatory Authority (RERA) affect the supply side of the market?
Bahrain is home to a dynamic transport sector, including one of the Gulf’s oldest airlines and a causeway linking the kingdom to Saudi Arabia, the region’s largest economy. A second such link is in development, and soon the kingdom will also be connected by rail to the (GCC) train network.
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