Bahrain: Banking Industry to Grow by 3% in 2013-2014
Jamal Ali Al-Hazeem, CEO of BMI Bank
As far as the sector or the industry is concerned, I think you will see growth this year in 2013 over last year 2012.
Jamal Ali Al-Hazeem, CEO of BMI Bank
As far as the sector or the industry is concerned, I think you will see growth this year in 2013 over last year 2012.
After consumer confidence in the economy hit a near all-time low this summer as Lebanon entered a recession, 2012 wrapped up with confidence near the earlier low after a brief fall rebound.
Sameera Rajab, Minister of State for Information
The freedom of speech is 100% guaranteed through constitutional texts. The new media law includes more details and privileges for journalists and media personnel, it also provides more protection of this freedom.
Faces of Economy – Lebanon
Faces of the Economy: Abdallah Yafi
There are 1.4 million workers in Lebanon – this is the story of one of them.
For the last several years, Abdallah Yafi has faced the challenging task of introducing e-commerce to Lebanon, through his company ScoopCity.com.
Anurag Bajaj, General Manager of Elite Resort & Spa
I think everybody is very optimistic about 2013. We at Elite Hospitality have forecasted revenues and average room rates and occupancies of a significantly higher percentage than 2012.
Amin A. Al Arrayed, General Manager of First Bahrain
Today it’s very stable, so we are talking about maybe 2 or 3% growth which is very slow compared to where we were. The economy has slowed, that’s for sure.
Mohammed Younis Shafi, Director of Serene Landmark Bahrain
We have had two crises – one of which was the world economic crisis. We were slowly recovering with all the projects going at that time. Some projects have been on hold due to the crisis.
The banking sector in Kurdistan and Iraq is in need of major reforms. There are a number of banks interested in the market as it has huge growth potential but lack of strong regulator robust regulations is deterring major banking players from entering the country.
Mohammed Younis Shafi, Director of Serene Landmark, discusses the residential rental and office rental market in Bahrain.
General Manager of Elite Resort and Spa talks about Elite Resort and Spa in Bahrain.