The Report Bahrain 2018

  • ID: 4701799
  • Country Profile
  • Region: Bahrain
  • 220 Pages
  • Oxford Business Group
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The Modest Recovery of Oil Prices in 2017 Bodes Well for the Future in Addition to the Non-Oil Sector Driving Growth, with Activities Unrelated to Hydrocarbons Extraction Forecast to Expand by 3.9% in 2018

FEATURED COMPANIES

  • Aluminium Bahrain
  • Bahrain Airport Company
  • Bahrain Bourse
  • Bahrain Islamic Bank
  • Bahrain Petroleum Company
  • Mumtalakat
  • MORE

Bahrain in brief

The kingdom of Bahrain’s well-regarded legislative and regulatory framework, talented human capital, strategic location and conducive business environment have established it as a leading regional financial centre. The country’s development plan, Bahrain Economic Vision 2030, aims to enhance private sector growth and continue government investment in infrastructure, affordable housing and human resources. Bahrain maintains a developed industrial sector and hosts one of the world’s largest aluminium smelters, with downstream businesses creating products for export. Other industries include oil and gas products as well as a growing food industry.

Country Profile

  • Economic diversification leads to new relationships
  • Infrastructure investment to fuel development goals
  • Education a key feature of Economic Vision 2030
  • A diverse population fosters a welcoming culture
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aluminium Bahrain
  • Bahrain Airport Company
  • Bahrain Bourse
  • Bahrain Islamic Bank
  • Bahrain Petroleum Company
  • Mumtalakat
  • MORE

SNAPSHOT

  • Bahrain in brief

COUNTRY PROFILE

  • A growing kingdom: The island nation continues to evolve through diversification
  • Viewpoint: King Hamad bin Isa Al Khalifa
  • Reaching out: GCC member states pursue economic diversification by expanding and strengthening global trade ties
  • Money matters: Activity among the region’s sovereign wealth funds picks up as oil prices stabilise
  • Private enterprise: Infrastructure investment to fuel development goals

ECONOMY

  • No plan too small: The country demonstrates its value with a record year of inward investment and an oversubscribed debt issuance
  • Interview: Khalid Al Rumaihi, Chief Executive, Bahrain Economic Development Board
  • Interview: Mahmood H Alkooheji, CEO, Mumtalakat
  • Balancing act: The state juggles calls for public sector wage increases while encouraging citizens to consider private sector employment
  • Thinking big: Small businesses support GDP and private sector employment, and the government is helping them develop further
  • Money to Manama: Investment from abroad plays a substantial role in the economy

BANKING

  • Demonstrating resilience: Sector remains stable despite fluctuations in the regional market
  • Interview: Jean-Christophe Durand, CEO, National Bank of Bahrain
  • Competing interests: Financial technology seeks to strike a balance between innovation and regulation
  • Merge here: Regulatory bodies continue to encourage consolidation

CAPITAL MARKETS

  • Money maker: Tight regulatory reform strengthens the kingdom’s reputation as a key market in the region
  • Interview: Sheikh Khalifa bin Ebrahim Al Khalifa, CEO, Bahrain Bourse
  • Interview: Najla M Al Shirawi, CEO, SICO
  • A helping hand: New investment market offers favourable conditions to small and medium sized enterprises Market analysis & data provided by SICO
  • Diversified debt: Heightened demand for Bahraini bonds as an asset class
  • On course: Recent milestones sustain the bourse’s forward momentum

ISLAMIC FINANCIAL SERVICES

  • Leading the line: The kingdom is a major regional player in the growing industry
  • Interview: Hassan Jarrar, CEO, Bahrain Islamic Bank
  • On the same page: A centralised approach to sharia regulation is on the way
  • Bond of trust: Investors are showing strong interest in sukuk issuances

INSURANCE

  • Full coverage: Regulatory intervention to facilitate industry recovery
  • Improved standards: Islamic insurance growth supported by a regulatory framework

ENERGY

  • Moving forward: The country seeks to diversify its sources of energy, and enhance the ability to process and refine oil and gas
  • Interview: Abdul Hussain bin Ali Mirza, Minister of Electricity and Water
  • Interview: Peter Bartlett, CEO, Bahrain Petroleum Company
  • Sustainable options: New solar power projects will add to the energy mix
  • Power upgrade: Expanding electricity production to meet increasing demand

TRANSPORT

  • Network news: Strong investment in the sector can drive economic growth
  • Interview: Mohamed Yousif Al Binfalah, CEO, Bahrain Airport Company
  • Paving the way: The creation of a more modern network is underway
  • Planes, trains and automobiles: A range of projects are set to boost regional connectivity

CONSTRUCTION & REAL ESTATE

  • Scaled up: A number of major infrastructure and development projects have helped the sector continue to grow
  • Interview: Mohammed Khalil Alsayed, CEO, Ithmaar Development Company
  • Mixing it up: Waterfront and mixed-use developments coming on-line are set to add to the high-end commercial and residential segments
  • Room to grow: Several major land reclamation projects drive the sector forward and provide more space to build

INDUSTRY

  • Hard at work: Business reforms support investment in budding and mature activities alike
  • Interview: Zayed bin Rashid Alzayani, Minister of Industry, Commerce and Tourism
  • Interview: Tim Murray, CEO, Aluminium Bahrain Business as usual: Petrochemicals production is not being left behind in the country’s broader drive to expand and diversify the economy
  • Plots with perks: Specialised industrial zones with unique benefits separate Bahrain from the competition

TOURISM & RETAIL

  • Destination location: As visitor numbers grow, the kingdom is seeking to upgrade existing infrastructure to meet demand
  • Interview: Sheikh Khaled bin Humood Al Khalifa, CEO, Bahrain Tourism and Exhibitions Authority
  • Feature presentation: The opening of many new hotels and resorts signals confidence in the long-term viability of the hospitality segment
  • Race to the finish: The Formula 1 Gulf Air Bahrain Grand Prix and a major shopping festival are helping to draw tourists from around the globe

EDUCATION

  • Ringing in reforms: Following a substantive review, the kingdom aims to improve educational outcomes
  • Interview: Riyad Y Hamzah, President, University of Bahrain
  • Now in session: Old schools are getting a makeover, as new facilities open in a drive to keep education competitive
  • Interview: Ahmed Al Shaikh, Director, Bahrain Institute of Banking and Finance
  • A technical approach: Vocational education provides an alternative path forward for many students

HEALTH

  • Vital signs: The kingdom is set to increase efficiency and care
  • Package deal: New reforms should deliver more choices for patients Promoting pharmaceuticals: Demand for pharmaceutical products is rising ICT
  • Looking ahead: Strong competition helps build the future of the industry
  • Interview: Ulaiyan Al Wetaid, CEO, VIVA Bahrain Playing it smart: Bahrain maintains the lead with technological innovation
  • Nurturing new ideas: Government initiatives give innovators the room to grow

ACCOUNTANCY & TAX

  • KSI - Bahrain Consultants & Public Accountants
  • Common goals: Financial reporting standards are being aligned with international accounting norms
  • Viewpoint: Ahmed Alsulaiman, Managing Partner, KSI - Bahrain Consultants & Public Accountants
  • The Brexit battle: A look at some of the issues affecting the UK as it prepares to leave the EU

LEGAL FRAMEWORK

  • Zu’bi & Partners, Attorneys & Legal Consultants
  • Island rules: The kingdom’s laws are continuing to evolve
  • Viewpoint: Hatim Q Zu’bi, Partner, Zu’bi & Partners

THE GUIDE

  • Relaxing retreat: A selection of hotels
  • Listings: Telephone directory of public and private entities
  • Facts for visitors: Useful tips for travellers
Note: Product cover images may vary from those shown
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  • Aluminium Bahrain
  • Bahrain Airport Company
  • Bahrain Bourse
  • Bahrain Economic Development Board
  • Bahrain Institute of Banking and Finance
  • Bahrain Islamic Bank
  • Bahrain Petroleum Company
  • Bahrain Tourism and Exhibitions Authority
  • Ithmaar Development Company
  • Mumtalakat
  • National Bank of Bahrain
  • SICO
  • University of Bahrain
  • VIVA Bahrain
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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