The manufacturing sector is the second-largest contributor to non-oil GDP, behind financial services. Some of the kingdom’s key industrial players have expanded their production capacity in recent years, significantly bolstering heavy industry and downstream potential, most notably in the aluminium segment. Aluminium is Bahrain’s biggest non-oil export, and Aluminium Bahrain is integral to...
The Middle East Industry
After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with strong growth, rising government revenue and a new plan for the future economy. As energy and tourism earnings recover, the kingdom aims to generate sustainable long-term growth opportunities through new sector strategies and transformational infrastructure projects.
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Interviews & Viewpoints | Mohammed E Al Adwani, Director-General, Public Authority for Industry (PAI): Interview from The Report: Kuwait 2022
Which industrial activities present the most promising growth and investment opportunities, and what factors are driving demand?
Articles & Analysis | How Kuwait is expanding downstream value in hydrocarbons industry from The Report: Kuwait 2022
Kuwait’s Clean Fuels Project (CFP) is among the most important endeavours associated with the country’s downstream energy segment, and it is expected to help boost Kuwait’s global position in oil refining.
Articles & Analysis | Kuwait creating economic zones to support industrial expansion from The Report: Kuwait 2022
Kuwait’s economy relies heavily on its hydrocarbons-related industries, and while plans are in place to transition to renewable energies, medium-term development strategies will see oil and gas extraction, processing and capacities ramped up, with the revenue channelled into the government’s industrial diversification drive. Downstream...
Articles & Analysis | How industry is adopting circular economic policies to boost exports from The Report: Kuwait 2022
With Russia’s invasion of Ukraine reigniting debate about the pace of the energy transition and the risks of relying on oil and gas imports from countries with opposing agendas, discussion in the Gulf is framed around how to extract maximum benefit from hydrocarbons while also playing a responsible role in efforts to both mitigate climate...
Articles & Analysis | Kuwait investing in clean energy projects from The Report: Kuwait 2022
To address one of the highest rates of per capita energy consumption globally, the government of Kuwait is taking a multi-pronged approach involving the reduction of subsidies following the rollout of incentives for green energy solutions and national energy efficiency initiatives in 2016-17.
Articles & Analysis | Rising oil prices catalysing investment in alternative energy in GCC from The Report: Kuwait 2022
After opening 2022 at around $78 per barrel, Brent crude prices rose sharply over the next few months to surpass $127 on March 8 – the highest price in 14 years, driven in part by Russia’s invasion of Ukraine. Prices remained elevated throughout much of the year, although they had returned to early January levels by early December amid growing...