Sunday, April 21, 2024
Today's News
Sunday, April 21, 2024
Today's News

94% investors expect economic stability says poll: Bahrain

94% investors expect economic stability says poll: Bahrain

The favorable belief is captured in the most up to date Business Self-confidence Index (BCI) which is based upon a business self-confidence study carried out by the Economic Stats Directorate

A frustrating bulk (94.01 percent) of investors in Bahrain questioned during the initial quarter of the year expect a stable organization and also economic setting.

The positive belief is captured in the current Organization Confidence Index (BCI) which is based upon an organization self-confidence study conducted by the Economic Stats Directorate at the Details and eGovernment Authority (iGA).

The BCI has revealed an overall increase to 103.84 points in Q1 of 2023 compared to 101.99 points signed up in Q4 of 2022, which mirrors a surge of 1.85 points or 1.81 pc contrasted to the previous quarter.

Also, the index has revealed a surge of 8.38 factors compared to the exact same duration of 2022.

The study results additionally show that 49.35 computer of business expect stability in their business efficiency while 44.66 pc expect renovation in organization efficiency.

As many as 87.81 computer of services experienced a range of financial stability to positive performance during Q1 of 2023, with 57.14 computer of businesses declaring security in their efficiency, while an additional 30.67 pc reported sufficient efficiency.

On the other hand, 12.19 pc of respondents reported discontentment with their company performance during Q1 of 2023.

The BCI is gauged based on surveys carried out by iGA on an example of the business community covering micro, small and average business as well as large enterprises.

It consists of services that are classified as foreign and local financial investments with huge resources as well as those that include international investors (as signed up in their documents).

The study’s range covers all energetic establishments signed up at the Market and Business Ministry along with enterprises certified by Central Bank of Bahrain (CBB).

The survey aims to supply investors, economic decision as well as plan makers with necessary info as well as insight that help them to take key choices and essential actions.

BCI also aids foster company atmosphere that attracts financial investments, enhance competition and company advancement through the schedule of clear details on organization self-confidence degrees and also other details pertaining to companies dimension, field as well as financial investment kind, to name a few metrics.

Last Updated:  16 March 2023

Culture & Life Style
Eid-Ul-Fitr 2024: 30 Best SMS, Eid WhatsApp messages, quotes, wishes, Facebook status to wish Eid Mubarak to loved ones
08 Apr 2024
Eid-Ul-Fitr 2024: 30 Best SMS, Eid WhatsApp messages, quotes, wishes, Facebook status to wish Eid Mubarak to loved ones
Eid-Ul-Fitr 2024: 30 Best SMS, Eid WhatsApp messages, quotes, wishes, Facebook status Eid-ul-Fitr, the joyous occasion marking the end of Ramadan, is around the corner. As Muslims worldwide prepare to…
READ MORE
Ramadan Kareem 2024: Follow These Seven Steps to Remain Healthy During the Holy Month
Ramadan Kareem 2024: Follow These Seven Steps to Remain Healthy During the Holy Month
Ramadan Kareem 2024: Follow These Seven Steps to Remain Healthy…
READ MORE
Free eSIM Activation in UAE: Step-by-Step Guide for du and Etisalat by e& Users
Free eSIM Activation in UAE: Step-by-Step Guide for du and Etisalat by e& Users
Mobile users in the United Arab Emirates (UAE), both du…
READ MORE
Building a Strong Immune System: Your Key to Optimal Health
Building a Strong Immune System: Your Key to Optimal Health
In a world filled with various health concerns and challenges,…
READ MORE
Entertainment
Saudi Lawyer Wins $1 Million in Dubai Duty Free Draw
Saudi Lawyer Wins $1 Million in Dubai Duty Free Draw
Jawaher Alamoudi, a 30-year-old lawyer from Saudi Arabia, is celebrating after winning $1 million in…
Koffee With Karan: Navigating Predictability in Bollywood’s Talk Show Landscape
Koffee With Karan: Navigating Predictability in Bollywood’s Talk Show Landscape
Once known for its edginess and buzz, Koffee With Karan appears to be veering towards…
Punjabi Pop Triumph: Ali Sethi’s Mesmerizing Night at Dubai Opera
Punjabi Pop Triumph: Ali Sethi’s Mesmerizing Night at Dubai Opera
On the illustrious night of November 11, the vibrant echoes of Punjabi pop resonated through…
Exploring Culinary Excellence: The Best Top 10 Restaurants in Riyadh
Exploring Culinary Excellence: The Best Top 10 Restaurants in Riyadh
Riyadh, the capital city of Saudi Arabia, is a thriving metropolis with a rich cultural…
Christina Karam hits winning note with songs for Egypt
Christina Karam hits winning note with songs for Egypt
Increasing celebrity uses music to advertise country's appeal in 'Egypt Deserves' project A rising star…
Miss World: A brief history, including controversies, criteria and famous winners
Miss World: A brief history, including controversies, criteria and famous winners
The contest, established in 1951, is the longest-running worldwide charm contest Model from around the…
Rihanna dons custom Alaia coat for Super Bowl performance, reveals pregnancy
Rihanna dons custom Alaia coat for Super Bowl performance, reveals pregnancy
Pop as well as R&B super star Rihanna made a grand go back to the…
Georgina Rodriguez is the new face of Italian luxury label Elisabetta Franchi
Georgina Rodriguez is the new face of Italian luxury label Elisabetta Franchi
DUBAI: Argentine version Georgina Rodriguez, who now stays in Saudi Arabia, is the new worldwide…
‘Paper Planes’ rapper M.I.A. joins Wireless Abu Dhabi line-up
‘Paper Planes’ rapper M.I.A. joins Wireless Abu Dhabi line-up
British rap artist M.I.A. is the most recent enhancement to the line-up set to descend…
1309 Studios founder Ghada Al-Subaey talks Arab representation, dressing Georgina Rodriguez
1309 Studios founder Ghada Al-Subaey talks Arab representation, dressing Georgina Rodriguez
Qatar-based ready-to-wear label 1309 Studios, started by business owner Ghada Al-Subaey, has actually been garnering…
Country
Mauritania
Mauritania News
UAE
UAE News
Egypt
Egypt News
Oman
Oman News
South Arabia
South Arabia News
Jordan
Jordan News
Qatar
Qatar News
Kuwait
Kuwait News
Bahrain
Bahrain News
Iran
Iran News