Protection of Migrant Workers in Bahrain is Improving
Bahrain is one of the first countries in the GCC to have a society (established in 2004) to protect migrant workers, especially the ones not subject to the labor law.
imported 2024-03-17 17:43:07
Bahrain is one of the first countries in the GCC to have a society (established in 2004) to protect migrant workers, especially the ones not subject to the labor law.
Bahrain Businesswomen Society was established in 2000 with the mission to promote women into the business sphere, boards of directors etc. Currently, only 2% of the members of the board of directors are women.
The main problem of the investment banking in Bahrain and the GCC is the speed of adoption of the regulations. The regulators unlike their European or US counterparts are pushing the regulations, not allowing for a period of adjustment.
Bahrain as well as the neighbouring countries will not be able to meet the political challenges in 20 years. “There are many fatal flaws in the system” according to Dr. Mulla such as insufficient amount of consolation between different parties.
Industrial real-estate namely industrial parks, logistics and warehousing have performed very well during the crisis. Bahrain Real-Estate sector will be driven by the fundamentals and not by speculation.
BANAGAS is one of the strategic companies in Bahrain and a success story. Dr. Al Khalifa identifies the main contribution of BANAGAS to the society.
According to BMI Bank the crisis contributes to inflationary economy and lowering of the foreign direct investments to Bahrain. Bahrain has to rebuild the trust to attract FDIs.
The only way forward for Bahrain banking sector is consolidation. The market is over-banked with many very small players. Mr. Ali Al-Hazeem talks about the future of banking in Bahrain.
Dr. Fakhro, Managing Director of Abdulla Yousif Fakhro & Sons – one of the oldest and largest family groups in Bahrain, talks about the challenges in growing a business. The 2 main challenges revolve around people and processes.
Dr. Fakhro revisits the February crisis in Bahrain and try to answer some fundamental questions behind the largest protests in Bahrain’s history.