Download Bahrain's Business Environment by Philip Dew PDF

By Philip Dew

This sure consultant to the industrial tasks now attracting international traders to Bahrain emphasizes the Kingdom's function as a local monetary hub. It presents overviews of key sectors: normal assets, production, telecommunications and estate, and a transparent clarification of the felony and regulatory framework, banking, finance, accounting, taxation and advertisement practices crucial for overseas traders and enterprise companions

Show description

Read or Download Bahrain's Business Environment PDF

Similar international business books

The Blackwell Handbook of Cross-Cultural Management

This can be the 1st instruction manual to supply an summary of the main examine views in cross-cultural administration and to examine how they are often utilized to real-world events. the amount is specific in bringing jointly views formerly thought of independently, putting the paintings of administration specialists along contributions from major cross-cultural psychologists, sociologists and economists.

Cases in European Competition Policy: The Economic Analysis

Festival among businesses is mostly the best manner of offering financial potency and what shoppers wish. in spite of the fact that, there's a stability to be struck. organisations must never be over-regulated and so hampered of their improvement of cutting edge items and new ideas to compete for patrons. Nor needs to they be thoroughly loose to fulfill a usual choice for monopoly, which might provide them greater earnings and a quieter existence.

The Worlds Business Cultures: And How to Unlock Them

The 3rd version of Thorogood’s the realm enterprise Cultures: and the way to free up Them exhibits readers how you can create connections and win bargains in international enterprise, instead of committing clumsy and dear fake pas. It indicates the reader find out how to check and comprehend the enterprise customs and taking into consideration different nations, and the way to mildew your method of in achieving rapport and belief.

The UN and the Bretton Woods Institutions: New Challenges for the Twenty-First Century

The imaginative and prescient of the founders of the United international locations, the area financial institution and the IMF a few fifty years in the past contrasts sharply with the customarily vulnerable and restricted functionality of the associations they created. The 15 papers during this quantity severely examine this list to be able to set out proposals for strengthening and restructuring the associations to fulfill the recent demanding situations of the twenty first century.

Extra info for Bahrain's Business Environment

Example text

Once there is a signature, believe that you have a gentleman’s agreement, because legal enforcement is very difficult. The court system is dominated by Egyptian lawyers applying a Napoleonic system to the inherited British framework. Whilst results may be achieved, time is definitely not of the essence and the lack of transparency compounds the problem. The system has been improved with the introduction of the ‘Summary Action Court’, whereby certain legal procedures may be expedited, eg, it is now possible to retrieve premises from non-paying tenants within 3–6 months, although rent is not seen as urgent.

It is the oldest such facility in the Gulf and is currently undergoing an upgrade to make it more efficient and more environmentally friendly. However, only 15 per cent of its refined exports come from Awali crude; Bapco buys additional crude oil from Saudi Arabia at what is believed to be a below-market rate. 8 billion in 2006, making up more than 60 per cent of oil export receipts. Bahrain’s oil revenues show a very clear picture. Since they constitute almost 80 per cent of total government revenue and a similar percentage of total export revenue, they demonstrate that Bahrain’s attempts at diversification have actually had little impact on the structure of the economy thus far.

Geographically, the majority of foreigners in the Gulf are from the Indian subcontinent. The majority of these workers are labourers and housemaids, although a large proportion of the administration of private businesses is dominated by Indian accountants and managers. There has been growing pressure for ‘Bahrainization’, with requirements for businesses to have a percentage of Bahrainis on the staff and increasing costs being implemented for the employment of expatriate workers. When one combines this internal pressure on costs with the external factor of India’s rapidly growing economy and increasing salaries ‘at home’, one may expect a sea change over the next five years in the nature of employment and administration within the region.

Download PDF sample

Rated 4.61 of 5 – based on 31 votes