Bahrain Metals Report - Business Monitor International - Industry Reports

Bahrain Metals Report

Bahrain Metals Report - Business Monitor International - Industry Reports
Bahrain Metals Report
Published Dec 27, 2014
34 pages — Published Dec 27, 2014
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Abstract:

Supreme Commander of the Bahrain Defence Force); Rashid bin Abdallah bin Ahmed al-Khalifa (Interior Minister); Ahmad bin Muhammad bin Hamad bin Abdallah al-Khalifa (Finance Minister); Rashid bin Muhammed al-Maraj (Central Bank Governor) Main Political Parties (number of seats in parliament) There is no formal legal framework for the existence of political parties in Bahrain, although de-facto political groupings do exist in parliament and are known as political societies Al Wefaq National Islamic Society - Shi a Islamist group, close to Shi a clerical body, the Islamic Scholars Council. Many leading members returned to Bahrain after King Hamad pardoned all political activists that took part in the unrest of the ----s. ...Many leading members returned to Bahrain after King Hamad pardoned all political activists that took part in the unrest of the ----s. Boycotted the ---- election in protest at the creation of an upper legislative chamber appointed by the King, but stood in ---- polls, winning all but one of the seats that it contested. Boycotted the ---- election in protest at the creation of an upper legislative chamber appointed by the King, but stood in ---- polls, winning all but one of the seats that it contested. Al Asalah - Sunni Salafist - promotes religious conservatism and rejects the modernisation of Bahraini society (including greater rights for women). Cooperated with Al Menbar in ---- elections, and has supported Al Wefaq s campaigns on morality issues, although Sunni-Shi a divide has prevented any formal cooperation between the two.

...Bahrain s tax regime is highly favourable, with no personal or corporate taxation (apart from the oil sector) and no restrictions on capital and profit repatriation. Bahrain also has double tax treaties with a number of countries. ...This tax applies to any company engaged in the oil sector, whether upstream or downstream. There is no corporate tax on banking profits earned and booked in Bahrain; combined with the low level of personal tax, this plays a significant role in attracting banks and other financial institutions to the kingdom. However, a tax levied on businesses for every foreign worker employed was reintroduced in August ---- after being suspended over ----. ...to the Labour Market Regulatory Authority for every expatriate they hire, with the revenues collected earmarked to provide job training for Bahraini citizens. The fee is BHD- if the company employs less than five expatriates.

...< ALACRA META ABSTRACT>BMI View: Bahrain will become a major aluminium exporter in the coming years as Aluminium Bahrain expands output significantly. Consumption growth will increase given substantial investment plans but still be unable to keep pace with output. ...

  
Source:
Document ID
2055-1258
Country
Industry
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Bahrain Metals Report" Dec 27, 2014. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bahrain-Metals-Report-2026-1559>
  
APA:
Business Monitor International - Industry Reports. (2014). Bahrain Metals Report Dec 27, 2014. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bahrain-Metals-Report-2026-1559>
  
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