uncertainties loom large as businesses take a hit
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Uncertainties loom large as businesses take a hit

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Uncertainties loom large as businesses take a hit

Manama - Arabstoday
Mohammad Sultan says that he can no longer venture outside his home in the evening in Daih, in the outskirts of Manama. \"The risks that I get caught in the clashes between protesters and the anti-riot police are too high,\" the young accountant said. \"It has been a very, very difficult year and I pray, sometimes without real conviction, that next year will be much better. I had anticipated a wonderful 2011, especially after I got married, but the social and economic situation was bad and, what is worse, may continue well into 2012. Many shops in the complex where I work have shut down. I am grateful that I still have my job,\" he said. Mohammad\'s story is mirrored by many other people working in Bahrain and who have had difficult situations in a year that saw unprecedented levels of clashes with the police, standoffs between political societies and segments of the society, the imposition of emergency laws, the trial of hundreds of people and the loss of jobs and college seats. ‘Great hopes\' According to business figures, Bahrain\'s economy has lost more than BD550 million (Dh5.317 billion) between February and December. Several small and medium enterprises have been badly hit, the tourism business is suffering and the real estate sector is down by 40 per cent. \"The year started off with great hopes for a vigorous year and a reinvigoration of civil society dynamism,\" Jaber Mohammad, a political analyst, said. \"When people demanded more rights in February, most of the people aspiring for better living conditions went along with the movement. But when it was geared towards specific ideologies, there was a chasm that kept widening until it took an ugly sectarian shape with radicals fuelling it. \"Now, as we get ready to welcome a new year, we are sadly a divided nation and with a highly challenging economic situation,\" he said. The year was highly dramatic for the island kingdom and witnessed massive protests for reforms that degenerated when some groups calling for the downfall of the regime and the establishment of an Islamic republic sought to bring the country to a standstill. Under the state of national safety, emergency laws, was declared in mid-March and troops from the Peninsula Shield, the military arm of the Gulf Cooperation Council (GCC) were brought in. Healing process In a flurry of unsuspected counter-reactions, hundreds of people lost their jobs, students were suspended and businesses were boycotted. King Hamad Bin Eisa Al Khalifa in June lifted the emergency laws and called for a national dialogue to heal the widening sect-based wounds. The main opposition wavered before it accepted to join and then withdrew. The impasse remained. In late July, the Bahrain Independent Commission of Inquiry (BICI), set up by King Hamad to look into what happened in February and March and why it happened, started its investigations that culminated in a searing report on November 23 that put both the government and the opposition to task. The government accepted it and started the implementation of some recommendations. The opposition believes that the steps are selective and too slow. On Saturday, the National Unity Rally warned against a spiral of violence and clashes following attacks on homes in Hamad Town, 18 kilometres south of the capital, Manama. \"Obviously in such a climate, we tend to be pessimistically optimistic about 2012,\" Jaber Mohammad said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uncertainties loom large as businesses take a hit uncertainties loom large as businesses take a hit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uncertainties loom large as businesses take a hit uncertainties loom large as businesses take a hit

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 17:17 2017 Monday ,06 February

Kuwait’s new opera house catches fire

GMT 07:40 2011 Friday ,11 November

Groser: U.S pushing for TPP next year

GMT 12:19 2017 Thursday ,09 February

Warriors crush short-handed Bulls, Spurs and Cavs win

GMT 13:46 2017 Monday ,18 September

Kuwait, India discuss military ties

GMT 06:02 2018 Friday ,12 January

Brexit could cost nearly 500,000 UK jobs

GMT 13:41 2017 Saturday ,30 December

Former coach criticizes Egypt’s Cuper

GMT 11:05 2012 Monday ,02 January

India\'s Maruti sees 7.1% fall in monthly sales

GMT 05:28 2015 Sunday ,08 March

Aden Yemen 'capital'

GMT 15:36 2012 Thursday ,12 July

Molinari leads Scottish Open

GMT 13:20 2011 Friday ,25 November

A colourful impression

GMT 13:18 2011 Sunday ,29 May

Taiwan welcomes US Senate push for F-16 sale

GMT 05:33 2013 Wednesday ,20 February

Ubuntu for smartphones approaching

GMT 09:45 2011 Wednesday ,27 July

S. Korea seeks to build airport on East Sea island
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice