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Bahrain
OfficeMarketbeat Baharain Office Snapshot Q1 2011
The events and demonstrations in Bahrain at the start of 2011 have had a dramatic effect on Bahrain’s economy and real estate market. Although the situation has now settled, there continue to be minor outbreaks and martial law still prevails. There is an expectation that the market will recover and return “back to business as usual”, however this will only happen once confidence and stability returns.
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Middle East
Hotel, OfficeMiddle East Marketbeat Q309
The Gulf Cooperation Council (GCC) is a trade bloc involving the six Arab states of the Persian Gulf: Bahrain; Kuwait; Oman; Qatar; Saudi Arabia and the United Arab Emirates.