The metals industry is arguably one of the most important and certainly one of the oldest industries in Bahrain. Of the country’s non-crude oil exports, the metals sector, along with petrochemicals, has traditionally been a leader. Metallurgy, particularly aluminium, has been seen as a lucrative way for the country to monetise its gas reserves...
With a long history as a pioneer in the Gulf region, Bahrain was the first country to discover oil in the 1930s. It was also the first to face the issue of declining reserves, replacing reliance on hydrocarbons by developing one of the first heavy industries in the region, Aluminium Bahrain (Alba), in the mid-1960s. During the 1970s and 1980s the...
Foreign direct investment (FDI) forms a key plank of Bahrain’s development strategy. On its own, the size of the country means that both the internal market and its ability to provide capital are limited. At the same time, Bahrain has less oil and gas reserves than many of its neighbours, and as such, is looking to diversify its economy away from...
What are the significant trends in the industry that will impact the future of the region’s repair yards?
Plastics consumption in the Gulf region has been growing exponentially over the past decade. According to a report from the Gulf Petrochemicals and Chemicals Association (GPCA), between 2011 and 2015 consumption of plastics in the region is set to grow from 3.3m tonnes per annum (tpa) to 5.5m tpa. The GPCA puts the value of the GCC petrochemicals...
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×