Browsing: bahrain

The Arab country trained a new group in natural pearl harvesting, aiming to develop leaders with scientific expertise in the sector. The program, which included diving to search for precious stones, was attended by professionals from Bahrain and abroad.

The Gulf country has deposited its instrument of acceptance of the World Trade Organisation (WTO) Agreement on Fisheries Subsidies, which is aimed at curbing harmful subsidies that contribute to overfishing and promoting the sustainable management of global marine resources.

Information from Ernst & Young indicates that the outlook is favorable for the banking sector in the Gulf Cooperation Council countries, which are benefiting from local economic diversification efforts.

During a visit to the Arab country, the Secretary-General of the Arab-Brazilian Chamber of Commerce, Mohamad Mourad, met with local businesspeople and government representatives with from the Brazilian embassy in Bahrain.

The Arab country hosted a discussion among representatives of the fintech industry, regulators, and sector professionals about skill development for working in the field. Bahrain aims to strengthen its position as a reference in digital financial products.

Brazilian brands are standing out worldwide and are beginning to gain popularity among consumers in Arab countries. Saudi Arabia is already the fifth-largest destination for Brazilian chocolate exports, and other markets in the region, such as the UAE, Qatar, Kuwait, Oman, and Bahrain, also have fans of national chocolate.

The Arab country’s GDP grew specially because non-oil activities. The manufacturing sector performed well, as did the financial and insurance sectors, professional, scientific and technical activities, transportation and storage, and information and communication.