Bahrain has long remained an attractive place for testing business concepts, with easy scalability in neighbouring markets. The country aims to become a centre of innovation and technological disruption in finance. New regulatory processes from the Central Bank of Bahrain (CBB) allow financial technology (fintech) companies to trial new ideas...
The beginning of 2018 has witnessed a lot of new developments related to the introduction of VAT within the UAE and Saudi Arabia, the implementation of which began on January 1, 2018. Sheikh Ahmed Al Khalifa, the minister of finance for Bahrain, has officially announced that the country will also introduce the new tax, and has stated that the...
Bahrain has set itself the ambitious goal of universal ultra-fast broadband. Enthusiastic adoption of smartphones by consumers, coupled with investment by mobile network operators in the latest technology, have seen a rapid increase in broadband penetration, in turn laying the foundations for further growth in the sector.
Bahrain’s Bankruptcy and Composition Law, promulgated by Legislative Decree No. 11 of 1987, aims to establish a balance between creditor and debtor interests. Honest and unfortunate merchants who suspend payment of their commercial debts are eligible to file for bankruptcy and conclude a conciliation with their creditors. The law also protects...
NATIONAL CHARACTER: While Bahrainis are interested in and open to foreign cultures, they are also very proud of their own identity, history and culture, and they are willing to share their local customs and traditions with those who are keen to learn.
What opportunities are presented by the transition of demand from voice to data, and what role, if any, does generational change play?
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×