Bahrain Retail Report - Business Monitor International - Industry Reports

Bahrain Retail Report

Bahrain Retail Report - Business Monitor International - Industry Reports
Bahrain Retail Report
Published Sep 24, 2016
64 pages — Published Sep 24, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: Bahrain s economy is feeling the negative impact of lower oil prices, which has led to the government cutting back on long-standing subsidies. This has negatively affected household and business confidence, leading to more cautious spending in ----. ...This has negatively affected household and business confidence, leading to more cautious spending in ----. In the long term, the labour market continues to expand on the back of sustained increases in the expatriate and local employed workforce, while the government is undertaking steps to boost tourist inflows, positive signs for retailers investing in the market. The balance between essentials and non-essentials spending will remain stable over the next five years; however, given the higher earning power of households in Bahrain, the long-term outlook is extremely attractive for luxury goods segments. ...The balance between essentials and non-essentials spending will remain stable over the next five years; however, given the higher earning power of households in Bahrain, the long-term outlook is extremely attractive for luxury goods segments.

...A prolonged decline in oil prices can have a serious negative impact on the country s public finances in the medium and long term. An inability to position itself differently from the other GCC countries could diminish Bahrain s appeal for foreign investment. Business interests of the ruling families can impede the growth of competitiveness in the Bahraini retail sector. Delays in deal-making with the other GCC members can postpone infrastructural improvements and further cooperation between the countries. Cuts to energy subsidies will see consumer spending patterns shift towards Essential goods. ...Delays in deal-making with the other GCC members can postpone infrastructural improvements and further cooperation between the countries. Cuts to energy subsidies will see consumer spending patterns shift towards Essential goods.

...Despite rapidly rising household incomes, the balance between essentials and non-essentials spending will remain largely stable over the next five years, accounting for -- and -- of the total household expenditure, respectively. Ikea will launch its first store in the country during ---- as it expands its reach in the Middle East region. ...

  
Source:
Document ID
2040-9257
Country
Industry
Format:
PDF Adobe Acrobat
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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 Retail Report" Sep 24, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bahrain-Retail-Report-2026-834>
  
APA:
Business Monitor International - Industry Reports. (2016). Bahrain Retail Report Sep 24, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bahrain-Retail-Report-2026-834>
  
US$ 1,295.00
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