Quality location for foreign investment

Article Abstract:

Four foreign multinational corporations will soon be establishing business offices in Bahrain. The four companies are American Telephone and Telegraph Co, Digital Corp of America, L.M. Ericsson and Coastal Oil and Gas Corp. Bahrain's location and its attractive business and social climate make it an ideal site for the regional offices of foreign companies. Bahrain's government has already implemented several reforms that have the ultimate goal of making the country more attractive for foreign investors.

Foreign investments, Bahrain

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Intense competition for tourist dollar

Article Abstract:

Duty free shops in the Persian Gulf states of Dubai, Abu Dhabi and Bahrain are increasing their efforts to attract travellers to their respective countries. These shops are offering innovative services, such as sales promotions and bargain sales, which are meant to boost their income. Already, their initial efforts have been successful. At present, Abu Dhabi's and Bahrain's duty free shops are fast catching up with that of Dubai, which continues to be the regions's top duty free shop.

Middle East, Duty-free stores, Duty free shops

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Slow start to post-war recovery

Article Abstract:

Kuwait's new government will focus on revitalizing the country's ailing economy. The extensive devastation wrought by the Persian Gulf war to the country's petroleum industry was not enough to trigger a construction boom, which was needed to accelerate economic activity to pre-war levels. At present, the government will continue with plans to further develop the petroleum industry's production capacity, which is slowly climbing back to pre-war production figures.

Economic policy, Petroleum industry, Kuwait

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