Doha – As part of its efforts towards the creation of an egalitarian society, Doha Bank, one of the largest private commercial banks in...
FEATURES & ANALYSIS
Bahrain a small island country situated near the western shores of the Persian Gulf. is home to over 1.3 million people. Most of whom are expats and just like its neighbors in the GCC, the high volume of expats compared to the local population presents some interesting problems.
World Bank report titled ‘Trust, Voice and Incentives’, released in April, found the delivery of essential public services in the countries of the Middle East and North Africa (MENA) “is failing to meet the needs of citizens and continues to be a source of widespread dissatisfaction.” But not so in the GCC.
‘Middle Eastern and North African countries face a critical choice in their quest for higher private sector growth and more jobs: promote competition, equal opportunities for all entrepreneurs and dismantle existing privileges to specific firms or risk perpetuating the current equilibrium of low job creation,’ said recent World Bank report, titled “Jobs or Privileges in the MENA region«.
A mere 1 percent of Qatar’s workforce in the private sector comprises nationals, a figure similar to the UAE, an indication that moves to bring nationals to the private sector and away from government jobs have had little result.
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BQ´s CURRENT ISSUE
Dalal Al Dossary is the first woman from Saudi Arabia to become the sole founder and managing director of the first and only integrated corporate social responsibility (CSR) solutions agency in our region. She has also created the first disabled-friendly stadium in Qatar.
Although the rise of IS is very complex and must not be simplified, it is clear that oil production and illicit oil trade has been crucial in keeping its terror machinery running. So, will air strikes destroying its infrastructure and plunging oil prices bring IS to its knees?