OBG report to chart Bahrain's progress
Manama, December 12, 2011
Oxford Business Group (OBG), the global publishing, research and consultancy firm, has begun the groundwork for its latest report on Bahrain's economy by teaming up once again with the audit and management consultancy company BDO Bahrain.
As the group's accountancy partner, BDO Bahrain will collaborate with OBG's research and editorial team to produce the accountancy and tax chapter of The Report: Bahrain 2012.
OBG's forthcoming economic research on the kingdom is expected to chart Bahrain's progress in diversifying its economy by moving to develop high-potential growth areas.
It will also contain a detailed, sector-by-sector analysis for foreign investors, alongside a wide range of interviews with the most prominent political, economic and business leaders.
OBG's country director Anna Dabrowska said that she expected the third year of collaboration with BDO to focus on the key accounting practices and to provide an overview of the competitive tax regime in the kingdom.
"The past year has brought a number of challenges for Bahrain ranging from domestic unrest to fall-out from the slow pace of global economic recovery," Dabrowska remarked.
"Yet the kingdom continues to maintain a reputation as a favoured investment destination largely due to its attractive business environment," she added.
"During our time in the kingdom, Oxford Business Group has established a fruitful working relationship with BDO Bahrain and benefited greatly from its experts' local and regional market knowledge. I am delighted to welcome them on board for our 2012 report which will give investors a valuable insight into Bahrain's efforts to regain momentum in its economic development."
"Bahrain remains a key regional financial centre in the Gulf, continuing to hold its own in a competitive environment,"said BDO Bahrain partner Habib Jawad Habib.
"We look forward to teaming up once again with OBG to highlight the framework for accountancy in Bahrain and the role it plays in making Bahrain a favoured investment destination in the region," she added.-TradeArabia News Service