From heavy industries largely owned by government entities to regional headquarters for multinational companies, Bahrain has a vibrant manufacturing sector that is growing steadily and playing an increasingly important role in the economy. The global downturn in both crude oil and commodities prices squeezed profit margins despite record...
How has the Ministry of Industry, Commerce and Tourism made Bahrain a more attractive destination for foreign investors?
From heavy industries largely owned by government entities to regional headquarters for multinational companies, Bahrain has a vibrant manufacturing sector that is growing steadily and playing an increasingly important role in the economy. The global downturn in both crude oil and commodities prices squeezed profit margins despite record production by Bahrain’s petrochemicals plants and...
Bahrain has embarked on a reworking of its subsidy framework in a bid to ease the budgetary pressures associated with the fall in oil prices. Meanwhile, the government is also pushing forward with diversification efforts, with the kingdom’s $32bn investment strategy fuelling activity in various areas of the economy.
Established in 2014 as the regulator and policymaker for Oman’s mining and minerals industry, the Public Authority for Mining (PAM) is primarily focused on developing four areas in mining operations: legislation, organisational structure, investment and local community concerns. In support of these objectives, one of the first tasks undertaken...
Despite the impact of the oil price downturn, the sultanate remains an attractive proposition for GCC-focused retailers and international brands. Compared to neighbouring markets in the UAE, Kuwait and Qatar, the retail footprint in Oman is less formalised and growing from a smaller base. Retail space per capita is the lowest in the GCC at 0....
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