How do you view the attractiveness of Bahrain’s property market for foreign investment, and what could be done to enhance its appeal?
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Interviews & Viewpoints | Mohammed Khalil Alsayed, CEO, Ithmaar Development Company: Interview from The Report: Bahrain 2022
Chapter | Construction & Real Estate from The Report: Bahrain 2022
The construction and real estate sectors are important contributors to Bahrain’s GDP, yet in the years preceding the pandemic both sectors displayed erratic growth due partly to oil price instability and the government’s fiscal consolidation programme. However, recent legislative amendments and strategic announcements are expected to reinvigorate the closely linked sectors and support the...
After weathering a series of global and regional challenges in recent years, Bahrain is emerging from the Covid-19 pandemic with strong growth, rising government revenue and a new plan for the future economy. As energy and tourism earnings recover, the kingdom aims to generate sustainable long-term growth opportunities through new sector strategies and transformational infrastructure projects.
Articles & Analysis | Egypt's mega-projects trigger growth in construction from The Report: Egypt 2022
The government of Egypt has placed a strong emphasis on infrastructure development and construction as key engines of urban growth and financial stability in the years since the country embarked on an ambitious IMF-backed economic reform programme in 2016. Egypt’s road networks, power production capacity and rail infrastructure have expanded rapidly in recent years,...
Articles & Analysis | How Egypt's new cities can improve sustainability and quality of life from The Report: Egypt 2022
The development of a fourth generation of cities across Egypt – including the New Administrative Capital (NAC), New Alamein and New Aswan City – will be a key driver of construction activity in the coming years. These developments are expected to raise the competitiveness of the local market, enhance living standards and generate employment opportunities.
Articles & Analysis | Egypt's industrial zones to build manufacturing capacity from The Report: Egypt 2022
Industrial real estate has been a mainstay of economic development for decades. Over time, industrial developments have shifted from areas like 6th of October City to large-scale zones that host one manufacturing segment – for example, the $2.2bn textile complex in Al Sadat City. In 2014-21, 17 such complexes in 15 governorates were established, with LE10bn ($835.4m) worth of...