In 1932 Bahrain pioneered oil production in the Middle East, and in doing so established the region’s initial framework for the petroleum industry. The new resource enabled Bahrain to modernise its economy by moving beyond traditional industries such as pearl diving and fishing. Today, the country’s national plan, Bahrain Economic Vision 2030, aims to enhance private sector growth as well as...
Economy
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Chapter | Country Profile from The Report: Bahrain 2020
Economic update | Dubai: Year in Review 2019
29 Jan 2020
Subdued domestic and external demand combined with regional tensions created a challenging economic environment for Dubai in 2019.
After three successive years of recession, Trinidad and Tobago’s growth is estimated to have remained flat during 2019, according to IMF data. However, a more significant expansion of 1.5% is expected for 2020 as both gas production and non-oil exports are set to increase.
Economic update | Oman: Year in Review 2019
29 Jan 2020
A downturn in oil revenue on the back of production cuts by the Organisation of the Petroleum Exporting Countries contributed to a difficult year for Oman in 2019, as the government continued with efforts to balance the budget and diversify the economy.
Articles & Analysis | Hotels in Oman from The Report: Oman 2020
A SINAMAR HOTEL APARTMENT Street 196 Al Jami Al Akbar Road Ghala Heights T: +968 2450 6414 booking@asinamarhotel.com www.asinamarhotel.com Rooms: 83 rooms, including double and twin rooms, and one-, two- and three bedroom suites. Business & Conference Facilities: Printer and fax machine available on site. Health & Leisure...
Articles & Analysis | Facts for visitors: Useful information for business and leisure travellers from The Report: Oman 2020
LANGUAGE: Similar to other GCC member states, Arabic is the official language of Oman, although English is widely spoken and understood. Using English to get around or conduct business in the capital, Muscat, or other hubs such as Sohar or Salalah, is relatively easy. Locals do appreciate the exchange of salutations in Arabic, but are...