ArchivesTag : obg
Bahrain: Strength in Diversity
Bahrain appears to have finished 2009 in better shape than many could have foreseen at the beginning of the year, and will be looking to 2010 with a confidence garnered from the solid performance of the country’s economy under pressure. There had been fears that Bahrain would be hard hit by the global crisis, especially [...]
Full StoryOxford Business Group appoints new regional director for the GCC
Oxford Business Group (OBG) has promoted to the position of Regional Director for its operations across the GCC.
In her new role, former Country Director Lindenberg will lead OBG’s critically-acclaimed country reports throughout the Gulf.
Commenting on the challenges awaiting her, Lindenberg highlighted the significant economic developments across the GCC, which OBG has consistently documented and analysed in its publications.
Full StoryAiming for Top of the Class
Bahrain has embarked on major educational reform, tailoring the system to meet the needs of the Kingdom’s people and the nation’s economy, seeking to learn from past mistakes and the success of others.
The Kingdom has placed great importance on developing a knowledge-based economy, with education being one of the cornerstones of Vision 2030, the long-term [...]
Present Strength, Future Directions
Bahrain’s tourism industry looks set to consolidate its already strong position at the heart of the Kingdom’s economy, though there is some debate as to what direction the sector should take.
According to the latest study by the World Travel and Tourism Council (WTTC), the sector will contribute around $1.7bn to Bahrain’s economy this year, representing [...]
Building Bridges
Bahrain is moving full steam ahead with building, upgrading and expanding several key transportation hubs. Although the credit crunch is slated to cause some completion dates to be revised, the year 2009 will mark a milestone for the country’s primary infrastructure projects.
Full StoryAd Break
A recent report issued by the Pan Arab Research Centre (PARC) showed that the Gulf advertising sector is in good health, with advertising expenditure up over the first six months of the year, though rising at a more cautious pace in Bahrain than in the rest of the region.
Full StoryWaste Management
Bahrain is looking to go green in an effort to preserve falling stocks of natural resources, preserve the environment and create new business opportunities through the development of recycling processes in the petrochemicals sector, heavy industry and waste disposal.
Full StoryBest Yet To Come
Two years down the track, Bahrain’s free trade agreement (FTA) with the US has garnered mixed reviews, with some hailing it as an overwhelming success while others say it has yet to reach its full potential.
The FTA came into force on August 1, 2006, and was the first such agreement between a member state of [...]
Lines Are Open
Bahrain’s telephone users are expected to be the main beneficiaries of a series of reforms and recommendations to the country’s telecommunications market, which are set to bring greater competition, lower rates and better access.
Full StoryAsset hunt
A push by Bahrain’s parliament for greater transparency in recording government assets could mean delays for the Kingdom’s main investment authority, which has announced plans to diversify its holdings.
Last November, a parliamentary committee was established to determine the extent of the government’s assets and investments, and to investigate whether there had been any abuse [...]
Cash Flowing Freely
While inflation in the kingdom is relatively low, near record levels of money flowing through the Bahraini economy have sparked concerns of a possible inflationary breakout and have prompted moves by the kingdom’s central bank to take some of the heat out of the situation.
On May 4, the Central Bank of Bahrain (CBB) released its [...]
Anti-piracy Campaign Intensifies
Over the past couple of months, authorities across the Gulf have stepped up their attack on software pirates.
Full StoryLand Law Delays
A hole in Bahrain’s laws is being blamed for delays to a number of major infrastructure and development projects, with the state no longer empowered to acquire private land needed for work deemed in the public interest.
Last year, Bahrain’s constitutional court handed down a landmark ruling, removing from the statute books a decree that allowed [...]
Start Your Engines
There is no telling who will take the checkered flag in this year’s Bahrain Formula 1 Grand Prix but one sure winner will be the kingdom’s economy, which will benefit from an injection of cash and international promotion.
This year’s race, to be run over the weekend of April 4 to 6, is set to be [...]
Building on Success
After a record-breaking year in 2007, Bahrain’s Gulf Finance House (GFH) is now looking to build on last year’s success, unveiling a series of new projects over the past few weeks.
Having announced year-end results in January showing net profits of $340m for last year, a 61% increase over 2006, on February 17 the bank approved [...]