Bahrain

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In what ways can the BHB enhance its contribution to the country’s post-pandemic recovery?

As industries around the world increasingly turn towards environmental, social and governance (ESG) strategies to support their recovery from the Covid-19 pandemic, focus is sharpening on sustainable construction in the Middle East.

With Saudi Arabia announcing plans to raise $55bn through its privatisation programme, Gulf countries are stepping up efforts to stimulate private investment in public assets and projects, with a view to strengthening state finances, spurring diversification and driving their respective Covid-19 recoveries.

After rising to the challenge of the pandemic early last year, educational institutions in the Gulf have continued to develop their digital strategies as part of broader plans for the future.

How has the GCC petrochemical industry been affected by the Covid-19 pandemic?

– Economies in the region were hit by reduced trade volumes and lower oil prices

– Governments launched extensive stimulus packages to stabilise their economies

– Short-term recovery will be tied to oil prices and the resumption of travel

– The pandemic looks set to accelerate economic diversification efforts

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