APS Diplomat Operations in Oil Diplomacy articles from March 2004

APS Diplomat Operations in Oil Diplomacy archives from March 2004

BAHRAIN - Focusing On The Non-Oil Sector - Part 3.
March 15, 2004... The island state of Bahrain was the first entity on the Arab side of the Gulf to export oil and the first to focus on a post-oil economy in the 20th century AD. In 2002, the non-oil sector accounted for 83.4% of Bahrain's GDP at constant...

BAHRAIN - The GDP Perspective & Background.
March 15, 2004... Bahrain's gross domestic product (GDP) in 2003 was expected to register a growth considerably above the 5.1% increase reported in the previous year, in view of high oil prices. As world oil prices this year are likely to remain high, with April...

BAHRAIN - Oil Takes A Back Seat In Economic Growth.
March 15, 2004... The non-oil sector is driving Bahrain's economic growth. While the petroleum sector in 2002 grew by 1.4%, the non-oil economy expanded by 6.5%. According to the finance ministry's provisional data released in late 2003, the oil sector's GDP at...

BAHRAIN - External Borrowing.
March 15, 2004... Such a major increase in Bahrain's oil income will be timely. The Manama government has opted for international borrowing to finance capital investment. In January 2004, it got a $500 million sovereign bond issue. This was part of a programmed...

BAHRAIN - The Major Projects.
March 15, 2004... There are about 20 major projects in Bahrain, where the construction market has picked up since late 2003, which involve at total of more than $12,800 million in investment. These will help the government focus more on the non-oil economy in...

BAHRAIN - Political Reforms.
March 15, 2004... Through most of the 1990s the situation was generally tense in Bahrain, where the Shiites are poor and form the majority while the island state is ruled by a Sunni family. It became more tense in 1994 when Shiite militants, backed mainly by...