GPIC Employees’ Children Enjoy a Trip To The Lost Paradise of Dilmun
An interesting trip for the children participating in the summer program organized by GPIC.
Bahrain’s Internal Challenges
Mr. Al Mardi talks about Bahrain’s internal challenges as multicultural society and the future implications for Marcopolis Bahrain report. Despite the occurrences over the past 6 months, Al Mardi believes that perseverance is necessary as is the commitment, dedication and cooperation of all residents and citizens of Bahrain.
Peak-Oil Theory: Oil Reserves Estimate in the Middle East by Bahrain Oil and Gas Minister
Peak oil has been predicted for a number of years. During the 60’s peak oil was predicted in the 80’s, in the 80’s peak oil was predicted in the 2000. Currently, Bahrain is increasing the production. View how Dr. Mirza confronts peak oil on Bahrain’s case.
Region of the Future: Geo-Political Implications of the Middle East
The Middle East is blessed with 60% of the crude oil reserves and 40% of the gas reserves. All GCC countries are expanding their production capacities. Increased oil and gas output coupled with global thirst for oil will result in region’s dominant position on the World’s geopolitical scene.
Diversification of Bahrain’s Economy
Bahrain was the first country in the GCC where oil was discovered. Over the years the revenues from oil and gas sector was used to propel Bahrain’s economic growth and diversification. Bahrain is No.1 country in the GCC in human development. Currently, oil and gas sector contributes only 24% to the GDP and at constant prices only 12%.
Bahrain Bay in 2011: 65% of the Land Sold to Diversified Portfolio of Investors
Bahrain Bay has managed to sell 65 per cent of the land despite the financial crisis, and the difficulties of the real-estate market over the last 3 years and attracted a diversity of investors; local, regional and international.
Demographics to Drive Bahrain Real-Estate
Real-Estate in Bahrain was affected by the global economic crisis rather than the recent political unrest. The MENA region offers untapped investment opportunities with young, large demographics. Mr. Vincent talks about the real-estate sector in a broad range interview for Marcopolis Bahrain Report.
Benefits of the Oil and Gas Investments in Bahrain
Bahrain is to invest $ 10 Billion aimed to enhance Bahrain’s oil production capacity and to upgrade the existing oil fields using the latest technology. Mr. Al-Mahroos talks about the benefits of the investments, upcoming projects and the investment environment in the oil industry.
The Most Important Economic Sector in Bahrain
Oil plays the most important role in Bahrain’s economy. Oil exports account for 80% of Bahrain’s government revenues. Furthermore, the oil industry represents 15% of Bahrain’s GDP. Oil Dependency is inevitable and oil will remain the economic and growth engine of the economy.
Bahrain Banking Analysis and Outlook for 2011 by Citibank
Mr. Manna talks about the outlook for the banking sector in Bahrain and the effects the crisis has had on the sector. According to Manna “government should not adopt the expansionary fiscal policy as the banking sector is very liquid and well capitalized, rather they should focus on providing good lending opportunities”.