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 (...
The Industrial Sector Strategy 2022-26 was launched in late December 2021 as part of the national Economic Recovery Plan to help Bahrain recover from the economic slowdown brought on by the Covid-19 pandemic. The strategy focuses on increasing the sector’s contribution to GDP, expanding domestically produced exports and creating job...
With Russia’s invasion of Ukraine reigniting international debate about the pace of the global energy transition and the risks of relying on oil and gas imports from countries with opposing agendas, discussion in the Gulf is largely framed around how to extract maximum benefit from the remaining hydrocarbons wealth while also playing a...
Egypt’s young, urban and tech-savvy population and well-connected middle class, combined with rising internet and mobile penetration rates, are driving the expansion of e-commerce. Confidence in the space has grown considerably since the onset of the Covid-19 pandemic, with sector revenue increasing at a rate of around 30% in 2018 and 2019 before escalating to almost 70% in...
Egypt’s industry and manufacturing sector, which accounts for around 15% of total GDP, plays a prominent role in the country’s economic development agenda, which emphasises innovation, sustainability and enhanced ties with the African continent. Indeed, scaling up investment in manufacturing is a policy priority as the country accelerates industrialisation and shifts from low-...
Egypt’s rising population, affluent middle class, and emerging secondary cities have led to rising sales growth in shopping malls, convenience stores, supermarket and hypermarket chains, and e-commerce platforms. Recent government legislation supporting the development of commercial retail spaces has also encouraged the private sector to make significant investment in the...
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