ROBECO’s Investment Strategy and Analysis of Global Economic Trends
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.
imported 2024-03-17 17:43:07
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).
Dr. Ed Hanley, Chief Executive of Tatweer Petroleum
In 2010, Tatweer spent a total of US$ 345 million through 200 contracts and 1,300 purchases; and created 240 new jobs, with many of them going to young Bahrainis. We are very much positive that our efforts will lead to maximizing the Field production capacity to triple in seven years’ time, reaching 100,000 barrels per day.
Bob Vincent, CEO of Bahrain Bay
Regarding economic growth and maturity, we are at the bottom of the curve and long term investors recognise that to do business it is necessary to ride that curve. Real-estate in general goes through five, seven and even nine-year cycles, and it is not different here in Bahrain Bay.
Dr Nasser Ali Qaedi, Head of planning and business development of Tamkeen
Tamkeen was created as a part of the overall reform process initiated by His Majesty the King, the Crown Prince and key rolled by the Prime Mister and the rest of the government to act as a facilitator to enhance the overall prosperity of the Bahraini economy.
Faisal Al Mahroos, CEO of BAPCO (Bahrain Petroleum Company)
Oil provides a major support for Bahrain’s economy. It accounts for 80% of Bahrain’s export revenues and 20% of Bahrain’s GDP comes directly from the oil industry.
Mona Almoayyed, Managing Director of Y.K. Almoayyed & Sons
Unfortunately, what happened in February was like a heart attack to the entire economy.
Dr. Farid Al Mulla, CEO of Oasis Capital Bank
When you start to give people certain freedoms, there are also certain obligations on the society as citizens of the country.
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.
Adel Fakhro, Group Managing Director of Abdulla Yousif Fakhro & Sons
Our challenge is to foresee the country’s future development. It is developing very quickly, and it is hard for universities to follow its pace. We believe that partnerships with European, Canadian and American universities will help us to do so.