Bahrain
Middle East interest rates will follow US rate cuts
Most regional countries with currencies pegged to the US dollar cut their benchmark interest rates yesterday
Middle EastBahrain will have to green its aluminium sector
Bahrain’s Alba and Saudi Arabia’s Maaden are planning a partnership to boost their share of the aluminium market
BahrainBahrain will seek further partial privatisations
Bahrain has agreed a deal for BlackRock to acquire a minority stake its oil pipeline company
BahrainPrisoner releases will help rebuild Bahrain-Iran ties
King Hamad has pardoned over 450 prisoners, including many categorised as political detainees
BahrainDebt issuance will be strong in the Gulf states
Government related debt issuance in the Gulf states has been strong in 2024, led by Saudi Arabia
Gulf statesBahrain will introduce more taxes into the medium term
Bahrain is to introduce a minimum 15% tax on the profits of multinational companies
BahrainBahrain’s economic growth will stagnate in 2024
Preliminary GDP data indicate that growth picked up in the first quarter of 2024
BahrainTies between Bahrain and Iran will improve slowly
Talks to restore diplomatic ties between Bahrain and Iran will progress but economic relations will evolve more slowly
BahrainBahrain and Iran will resume diplomatic relations
Bahrain and Iran have started talks with the aim of resuming diplomatic relations
Bahrain
