imported 2024-03-17 17:43:07
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.
Successfully weathering the regional turmoil.
Representatives of the certification body, Bureau Veritas, have expressed their complete satisfaction with Banagas’s Safety, Health and Environment (SHE) Management System.
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).
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.
Abdulrahman A.Hussain Jawahery, President of Gulf Petrochemical Industries Co. (GPIC) and Member of Parliament – Biography
AG fertilizer producers are expected to continue to play a strategic role in meeting this challenge by contributing towards international efforts to increase food production by substantially increasing their share of exports.
Mr. Jawahery explains why there were riots and protest in Bahrain. The protests turned violent after the peaceful movement has been hijacked by the extremists. Why this happened?
Bahrain parliament has always tried to act in favour of the Bahraini people. Mr. Jawahery, the MP, explains the critical role of the parliament in improving the standards of living of the people of Bahrain.
