imported 2024-03-17 17:43:07
Dr. Essam Fakhro, a leading business person in Bahrain, talks about his vision for Bahrain’s economy, industrialization plan, high-tech and innovation. The major challenge for Bahrain is to attract foreign direct investments and to successful integrate young people into the economy.
Economy slowing down amid regional turmoil: The Jordanian economy is reporting a net activity slowdown amid the spillover effects of the regional unrest.
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:
Morocco Sector Analysis
Morocco Industry: Textiles Leading the Industry
The textile industry, though relatively new in its current incarnation, is one of the most important segments of the Moroccan economy. In 2010, the export turnover in textiles totaled 28.3 billion, and grew at a rate of 5% over the previous year. With 200,000 employees, the textiles also constitute a significant part of the labor force.
Morocco Sector Analysis
Morocco Real Estate, Construction, and Housing
Ever since Morocco put in place its “Vision 2010” plan of national development in 2001, the real estate, construction, and housing market has been one of the most dynamic and growing sectors of the economy, constituting about 6% of GDP.
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.
Morocco Top Stories
An Old Man’s Advice to Moroccan Youth: Be a Light to the Arab World—Not a Shadow
But let’s look not only at democratic tyrants to prove that corruption is endemic to all systems. Just take a look at the corruption of American democracy by Wall Street and foreign lobbies (to mention only two sources of corruption).
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.
According to the Global Information Readiness Report, Bahrain ranks exceptionally high in almost every category of ITC readiness on the Networked Readiness Index (NRI). Overall, Bahrain is ranked 29th (out of 133) countries—and 2nd in the GCC. On many individual portions of the Index, however, it is rated much higher; for example, Bahrain ranks among the 133 rated countries, as:
