imported 2024-03-17 17:43:07
Bahrain has positioned itself as a transportation and logistics hub to serve both the largest economy in the region, Saudi Arabia, and also to serve the rest of the Northern Gulf. However, there are other emerging locations, such as Dammam in Saudi Arabia and Basra in Iraq that are developing capacities to become logistics and transport hubs.
Osama Al Khajah, Founder and President of EBTIKAR Association and Chairman of Baytik Industrial Oasis, talks about the outlook for Bahrain for 2013 in terms of FDIs.
Osama Al Khajah, Founder and President of EBTIKAR Association and Chairman of Baytik Industrial Oasis, talks the latest developments in the Baytik Industrial Oasis.
EBTIKAR is the result of a need to coordinate efforts between the existing ecosystems to help boost innovation and development in the Kingdom of Bahrain in various sectors. This includes management, science, education, financial services, industry and other sectors that require innovation to solve problems and enhance efficiency in doing business.
Finally, Jamal Ali Al-Hazeem, CEO of BMI Bank, discusses the national dialogue and the future of the Kingdom.
Jamal Ali Al-Hazeem, CEO of BMI Bank, talks about BMI Bank. According to the CEO, BMI Bank should grow by at least 3% in 2013; though such figures are difficult to predict.
Jamal Ali Al-Hazeem, CEO of BMI Bank, shares his views on the latest banking regulations in Bahrain. Specifically, he discusses the recent classification of the systematically important banks, FATCA, credit bureau, and Basel III accords.
Jamal Ali Al-Hazeem, CEO of BMI Bank, comments on the surge of non-performing loans in Bahrain.
The banking sector has seen some consolidation in recent months, most notably among Islamic banks. Ithmaar Bank last year announced its merger with First Leasing Bank, in January of this year there was an announcement of the 3-way merger between Elaf Bank, Capital Management House and CAPIVEST to create an international bank with assets in excess of US $400 million, and the national bank of Bahrain and GOSI took over 52% of the Bahrain Islamic Bank.
Gerry Sharkey, Project Director at BIIP (Bahrain International Investment Park), describes the progress and development of the BIIP.
