Economic and Investment Analysis of the GCC
ROBECO analyzes the economic and investment trends in the GCC.
imported 2024-03-17 17:43:07
ROBECO analyzes the economic and investment trends in the GCC.
ROBECO, the 49th largest asset manager, talks about the global investment outlook and long term investment strategies for Marcopolis Bahrain Report.
Mr. Mardi comments on Bahrain Financial Harbour (“BFH”) signing of a 7-year BD 90.5 million (US$ 240 million) Ijara facility for the Financial Center Project with Al-Salam Bank Bahrain (as Mandated Lead Arranger), BBK, Kuwait Finance House (Bahrain and Kuwait), and National Bank of Bahrain (as Co-Lead Arrangers), and Bahrain Islamic Bank.
A multitude of factors have affected real estate in Bahrain. Before the political crisis, Bahrain was faced with the global financial meltdown that emanated from the sub-prime crisis. The crisis had an adverse effect on liquidity and its availability, among other things. This negatively affected the real estate globally because people were reluctant to invest. Bahrain was also affected by the crisis and the value of real estate dropped.
An interesting trip for the children participating in the summer program organized by GPIC.
Batelco Delivers One Week of Unlimited National Calls for Only BD1!
Mazin Manna, Chief Executive Officer of Citibank Bahrain
The Bahrain 2020’s are trading at a yield of around 5.7% down from their peak of 6.8% and are now trading much closer to pre-crisis levels again demonstrating investor interest in Bahrain.
The main problem of the investment banking in Bahrain and the GCC is the speed of adoption of the regulations. The regulators unlike their European or US counterparts are pushing the regulations, not allowing for a period of adjustment.
Douglas Hansen Luke, CEO of Robeco Middle East
When we look at investing for this year our tactical asset allocation team recommends credits, both investment grade and high yield.
National Oil and Gas Authority, HE Abdul Hussain bin Ali Mirza, Bahrain Minister of Oil and Gas
Today, the income from oil and gas constitutes about 80% of the government’s revenue. However, we were also the first GCC country to attempt diversification, in the 1960s and 70s. Thanks to those efforts, oil and gas now only constitute 24% of GDP at current prices (and 12% at constant prices).