Implications of Bahrain Crisis and Causes that Lead to Largest Protests in Bahrain’s History
Dr. Fakhro revisits the February crisis in Bahrain and try to answer some fundamental questions behind the largest protests in Bahrain’s history.
imported 2024-03-17 17:43:06
Dr. Fakhro revisits the February crisis in Bahrain and try to answer some fundamental questions behind the largest protests in Bahrain’s history.
Mr. Gallagher assess the risk of crisis in Bahrain’s banking sector and talks about significant lending opportunities in oil and gas sector, aluminium production, infrastructure projects and low income housing – well capitalized and liquid banks will be looking at.
Batelco has completed the delivery of 27,000 Ramadan Baskets to the Kingdoms’ charitable societies as part of its annual donations programme.
Positive growth in construction activity along declining government infrastructure spending.
Jamal Ali Al-Hazeem, CEO of BMI Bank
We have to rebuild our image of a positive, vibrant environment for investment in order to attract FDI.
Omar Al Mardi, Managing Director, Bahrain Financial Harbour
There is also a higher local demand in Bahrain that differs to other Gulf countries. Because our population density is very high- with 600-700 people per square kilometer, the local demand is enough to push the construction market.
Family Owned Conglomerates in Bahrain
Traditionally, Bahrain developed its own business families. Despite the influx of foreign players, Bahrain still boosts very powerful diversified conglomerates such as:
The Group Jamai invests in real estate since 1968. It has to his credit several projects of social habitats and habitats of high standing in different areas of the country’s economic capital Casablanca. Since then, the real estate group has embarked on the faith of success, to become a pioneer in the field of real estate nationwide.
Bahrain’s largest industry companies are in Aluminuim manufacturing and processing. Due to cheap energy Bahrain is home to one of the largest smelters in the world. Bahrain has also steel and iron industries.
Despite the diversification efforts Bahrain remains heavily dependent on oil and the oil prices. The income from the oil related business accounts for over 70% of government’s income.