BIZ BAHRAIN JAN-FEB 2020_compressed

EDITOR’S NOTE
Another year has begun, and #TeamBahrain has never been of greater
relevance and meaning as a packed calendar of international events
looms ahead; with it promise and potential for the country. As more
Bahrainis join the workforce, the economy of Bahrain is primed
and ready to reap the rewards. Working closely with businesses to enhance
entrepreneurship and attract more FDI, the government is, through policy
reform, working to make Bahrain the optimal location to grow a business.
Simultaneously, national strategies have consistently focused on improving
infrastructure and standards of living even while moving into a new era of
greater responsibility and accountability for the citizens and government.
The 2010s has indeed been a decade of great activity, with emerging markets
like Bahrain’s advancing in many areas and entering areas of business on an
international scale in an increasingly competitive globalised landscape.
In this issue, we take a quick look at the shopping malls of Bahrain. The
country’s retail market is projected to grow at a CAGR of over 5%, in value
terms, during 2019-2024. Rising number of infrastructure projects, increasing
tourist footfall, and rising population on the account of increase in number of
diversified cultural population are factors expected to propel demand for retail
over the next five years.
We also look back at Bahrain’s evolution during the past 10 years, with the
Kingdom fast moving towards an era of digital disruption. A growing startup
ecosystem, digital expertise, innovative entrepreneurs and innovative practices,
have all propelled Bahrain into becoming a hub of talent, innovation, and
transformative technology.
In the months ahead, do continue to stay with us as we bring you new stories
and introduce you to notable personalities in the business spectrum. We thank
you for your continued support on our website and social media channels. It has
been a pleasure keeping you updated constantly and taking you with us on this
journey of adventure.
Happy reading!
THE
TEAM
Editor in Chief
Reena Abraham
reena@bizbahrain.com
General Manager
Sameer Asif Butt
sameer@bizbahrain.com
Designer
Ashjad Azeez
Editorial Contributors
Mohamed Isa, Dr. Jassim Haji,
Heather Longden,
Arafat Tehsin, J. Tate,
Dr. Alex R. Suchy von Weissenfeld,
Jose Paul Martin, Ali Al Aradi,
Monsi Rabah
Printed at
Dar Akhbar Al Khaleej
Kingdom of Bahrain
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The opinions and views contained in this publication by the journalists, writers and the interviewee are not necessarily those of the publishers. All efforts have been made to ensure accuracy of the information
contained in this publication. However bizbahrain cannot accept legal responsibility for any error or omission.
2 January-February 2020