For much of its history, Bahrain was the name for the eastern coast of Arabia. Only recently has it come to identify the islands of the Awal archipelago. The first notable inhabitants were of the Dilmun civilisation 6000 years ago, but it has attracted the attention of numerous empires over the centuries, including the Persians, Sumerians, Assyrians, Babylonians, Arabs,...
The Middle East
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Articles & Analysis | Bahrain is a key economic and political player in the GCC from The Report: Bahrain 2015
Interviews & Viewpoints | Lim Hng Kiang, Singapore Minister for Trade and Industry: Interview from The Report: Bahrain 2015
Articles & Analysis | GCC trade with Asia is growing and diversifying from The Report: Bahrain 2015
Following the collapse of the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai saw the second-highest freight rate growth in the intra-Asian region. This is part of an emerging trend, with GCC-Asia trade maturing. A relationship that was once just based on energy demand is diversifying, and the GCC is seen as a viable...
Interviews & Viewpoints | Female economic empowerment in Bahrain from The Report: Bahrain 2015
February 14, 2014 was the 13th anniversary of the inauguration of our National Action Charter, which enjoyed the support of an overwhelming majority of Bahrainis. The charter led to the modernisation of a constitution that clearly stipulates political rights for women, and two legislative chambers sharing legislative power under one council, as stated in the fifth...
Chapter | Capital Markets from The Report: Bahrain 2015
June 2014 marked the 25th anniversary of trading on the bourse, which began operating as the Bahrain Stock Exchange in 1989. The market looks to have recovered from the global financial crisis, and in 2013 posted an 18.9% year-on-year increase in market capitalisation, with the trend continuing into 2014, with a 21.7% rise to BD8.47bn ($22.45bn) at the end of September 2014. The banking sector...
Despite being buffeted by successive financial storms since 2008, Bahrain’s banking sector has remained resilient and in February 2014 the Central Bank of Bahrain’s (CBB) “Financial Stability Report” showed many areas of strength and renewed vigour. In 2014 the finance and banking sector accounted for nearly 17% of GDP, according to the CBB, making it the second-largest contributor after the...