Tag Archives economy

Beneficial conflicts

I’ve just come back from a very interesting talk given by Dr. Khaled Abdulla who was a guest speaker at tonights Rotary Club of Adliya meeting. Dr. Khaled is one of the pre-eminent economists in Bahrain as his very successful career asserts. In tonight’s talk entitled “Oil Prices and Impact on the Economy“, he posed a loaded question: “Why is it that in this region of the world we are faced with a major conflict whenever …

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Scorned by a friend, championed by the enemy?

There must have been quite a run on dental surgeries over the last couple of days which continues today and possibly for a few days to come. The reason is not a sudden national oral hygiene awareness, but a condition borne of gnashed teeth to the point of shattering!Why I hear you ask? Well, Ahmedinejad was Bahrain’s Santa yesterday. Yes, I know, his timing has always been off a bit, it’s still a few weeks …

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Corruption Index slips again

When the crown prince announced that we must eradicate corruption in our country, he couldn’t have timed it better. I don’t know whether the thing that prompted both him and the prime minister to reiterate their intention to correct this situation is due to them receiving advance copies of the 2007 CPI Report or they were genuinely alarmed at the depth of corruption uncovered which gave rise to accelerating corruption cases brought against various companies in …

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The Bahraini Economy Excels

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I’ve got some Good News™ for you guys:As an exercise in deflating pessimism it couldn’t have been better. The merchants of doom and gloom have been predicating their comments on declining oil reserves for years, with the implicit rider that the entire economy of the kingdom was destined to plummet down a slippery slope. Now a report from the Central Bank of Bahrain (CBB) has left the pessimists spluttering and bereft of ammunition for the …

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Mine is bigger!

The race for the tallest building has never abated, I don’t think, since man started building abodes, but now it is just getting silly: But Burj Dubai may not hold the record for long. Another Dubai skyscraper, Al Burj, is slated to begin this year with a rumoured height of 1.2 kilometres. More tentatively, two other kilometre-tall towers are planned in the region: the 1001-metre Mubarak al-Kabeer in Kuwait and a 1022-metre tower in Manama, Bahrain. …

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