The country’s national plan, Bahrain Economic Vision 2030, aims to enhance private sector growth and continue government investment in infrastructure, affordable housing and human resources. The kingdom maintains a developed industrial sector and hosts the world’s largest single-site aluminium smelter, Aluminium Bahrain (Alba), with downstream businesses creating products for export. Other...
The Middle East
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Chapter | Country Profile from The Report: Bahrain 2019
Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-dollar aid package from other Gulf states and an accompanying fiscal adjustment plan, as well as growth following a partial oil price recovery and a major oil and gas discovery, offer hope for an economic turnaround in 2019.
The guide contains listings of some of the leading hotels and resorts in Oman, and contacts for important government offices and services. It also contains useful tips and information for first-time or regular and business and leisure visitors alike.
Chapter | Legal Framework & Tax from The Report: Oman 2019
Prior to 1971 the sharia courts had jurisdiction over all civil and criminal matters, as well as personal status affairs in the sultanate of Oman. However, following the succession of Sultan Qaboos bin Said Al Said, the judicial system was reformed and Sharia Courts now only govern matters related to family disputes and inheritance. The 1996 Basic Statute of the State reshaped and codified the...
In recent decades there has been a major improvement in the quality of health care in Oman. Rising living standards have greatly reduced the impact of contagious diseases, though the high rates of non-communicable diseases – common among many GCC countries – continue to climb. Despite feeling the impact of the fiscal austerity caused by low oil prices, the country’s health sector is poised to...
Chapter | Education & Training from The Report: Oman 2019
The education sector has been expanding fast, growing from only 10 schools in 1970 to over 1800 in 2018. This is thanks to robust population growth, economic development and the policy of Omanisation, which seeks to reduce the country’s dependence on foreign workers, technicians and managers. Despite a temporary slowdown caused by the oil price slump of 2014-16, education is set for further...