Due to limited supply of gas in the Kingdom of Bahrain plans are underway to build a LNG terminal to reduce the Kingdom’s dependency on the local production and to capitalize on the international markets and gas prices.
Banagas is planning a major expansion as a part of US$ 20 billion investment plan to raise the profile of the oil and gas sector in Bahrain over the next 20 years.
There has been significant downstream, upstream, and midstream development in Bahrain, such as Tatweer Petroleum drilling 15-18 new wells in Khuff Formation to increase the gas production of the Kindom, increased offshore exploration, the upgrading of Bapco refinery, and a planned US$ 20 billion investment into major oil and gas project. Dr. Mohamed Al Khalifa, Chief Executive of Banagas, discusses these recent developments in the oil and gas sector in Bahrain.
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, talks about the strategy of the bank for 2013-2015.
At the end of September 2012 the BBK’s balance sheet grew remarkably to 7.1 Billion BD, an increase of 9.1% when compared to September 30, 2011. Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, discusses the bank’s financial performance.
With the strong liquidity in Bahrain’s banking system, Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, talks about the lending opportunities and potential asset bubbles resulting from the credit creation.
Following the recent upgrade and the kingdom’s improved S&P’s rating, Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, comments on the decision.
Following the mergers between Ithmaar Bank and First Leasing Bank and a 3-way merger between Elaf Bank, Capital Management House and CAPIVEST, Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, outlines the future structure of the banking industry in Bahrain.
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, talks about the banking regulations in Bahrain.
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain, makes an interesting and moving case for the strength of the banking sector in Bahrain. Despite challenges Bahrain has a stable banking system; a claim which Bucheery supports with real examples.
