Along with finance, tourism and telecoms, the pharmaceuticals industry is one sector that the Bahraini government is keen to develop as part of a broader shift towards an economy less centred on oil. Perhaps the most visible symbol of this is the ongoing $1.6bn Dilmunia Health Island, which, when completed, is meant to turn Bahrain into one of...
Government moves to enact an ambitious infrastructure investment plan backed by financial assistance from the GCC’s $10bn Gulf Development Programme should support steady expansion of construction activity in Bahrain over the next few years, following a period of slower growth. The push to provide affordable housing has seen a host of new...
With the smallest geographic area and smallest population within the MENA region, Bahrain possesses a unique set of real estate market fundamentals. The kingdom has one of the GCC’s highest population densities, with the majority of its 1.2m citizens living in Manama and Muharraq, meaning obtaining land for new buildings can be a challenge. At...
Underpinned by a government-funded housing strategy, Bahrain’s residential construction segment has recorded solid expansion in recent years. The kingdom signed its first-ever real estate public-private partnership (PPP) in 2012, and established a new finance scheme in 2013, offering subsidised mortgages and bolstering private sector development...
Although recovery has been slower in Bahrain compared to some of its GCC neighbours, the kingdom’s real estate sector has made steady progress since 2013, with gains in the residential and retail markets demonstrating a gradual return of investor and developer confidence. While the office market remains oversaturated, with flat growth reported...
Visitors to the waterfront of Bahrain’s capital of Manama are likely to glimpse traditional wooden sailing vessels known as dhows. The ships are often seen sailing out to sea or docked in the Gulf’s calm waters. Though most are now used for fishing and small trade, rather than as commercial vessels, Bahrain’s ports still receive hundreds of...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×