The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials.
Bahrain Telecommunication Company BSC, trading as Batelco, is the principal telecommunications company in Bahrain. The company's headquarters are in Bahrain and the company is listed on the Bahrain Bourse. The Chairman of the Board is Abdulla Bin Khalifa Al Khalifa.
Bottled gas is a term used for substances which are gaseous at standard temperature and pressure (STP) and have been compressed and stored in carbon steel, stainless steel, aluminum, or composite bottles known as gas cylinders.
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in 1982, the firm has offices in New York, London, Bahrain, Abu Dhabi, Riyadh, Doha, Mumbai and Singapore. Investcorp's principal client base is in the six countries of the Gulf Co-operation Council, but it also has institutional clients in North America, Europe and Asia.
Linde plc is a global multinational chemical company founded in Germany and, since 2018, domiciled in Ireland and headquartered in the United Kingdom. Linde is the world's largest industrial gas company by market share and revenue. It serves customers in the healthcare, petroleum refining, manufacturing, food, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, electronics and water treatment industries. The company's primary business is the manufacturing and distribution of atmospheric gases, including oxygen, nitrogen, argon, rare gases, and process gases, including carbon dioxide, helium, hydrogen, ammonia, electronic gases, specialty gases, and acetylene.
Saudi Basic Industries Corporation, known as SABIC, is a Saudi Arabian multinational chemical manufacturing company, and a subsidiary of the state-owned petroleum and natural gas company Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. 70% of SABIC's shares are owned by Saudi Aramco.
Air Liquide S.A., is a French multinational company which supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Founded in 1902, after Linde it is the second largest supplier of industrial gases by revenues and has operations in over 80 countries. It has headquarters at the 7th arrondissement of Paris. Air Liquide owned the patent for Aqua-Lung until it expired.
Pressure swing adsorption (PSA) is a technique used to separate some gas species from a mixture of gases under pressure according to the species' molecular characteristics and affinity for an adsorbent material. It operates at near-ambient temperature and significantly differs from the cryogenic distillation commonly used to separate gases. Selective adsorbent materials are used as trapping material, preferentially adsorbing the target gas species at high pressure. The process then swings to low pressure to desorb the adsorbed gas.
Industrial gases are the gaseous materials that are manufactured for use in industry. The principal gases provided are nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium and acetylene, although many other gases and mixtures are also available in gas cylinders. The industry producing these gases is also known as industrial gas, which is seen as also encompassing the supply of equipment and technology to produce and use the gases. Their production is a part of the wider chemical Industry.
Inert gas asphyxiation is a form of asphyxiation which results from breathing a physiologically inert gas in the absence of oxygen, or a low amount of oxygen, rather than atmospheric air. Examples of physiologically inert gases, which have caused accidental or deliberate death by this mechanism, are argon, helium, nitrogen and methane. The term "physiologically inert" is used to indicate a gas which has no toxic or anesthetic properties and does not act upon the heart or hemoglobin. Instead, the gas acts as a simple diluent to reduce oxygen concentration in inspired gas and blood to dangerously low levels, thereby eventually depriving all cells in the body of oxygen.
Al Ghurair Group is a Dubai, United Arab Emirates-based business group founded by the Al Ghurair family. A diverse conglomerate, it has operations in the Middle East, North Africa, Europe and North America. The grandsons of Al Ghurair Group founder Ahmad Al Ghurair run the group. Abdul Rahman Saif Al Ghurair serves as group chairman and Majid Saif Al Ghurair is the group's chief executive officer.
The petroleum industry in Kuwait is the largest industry in the country, accounting nearly half of the country's GDP. Kuwait has a proven crude oil reserves of 104 billion barrels (15 km³), estimated to be 9% of the world's reserves. Kuwait's oil reserves are the fourth largest in the world and the Burgan Field is the second largest oil field. Kuwait is the world's eleventh largest oil producer and seventh largest exporter. Kuwait's oil production accounts for 7% of world-wide oil production.
Arcapita Group, founded in 1997, is an originator of investments in private equity and real estate assets which comply with Sharia principles. Headquartered in Manama, Bahrain, Arcapita also has offices in Atlanta, London, and Singapore. The firm serves a group of investors in the Middle East region and Southeast Asia. Investors include investment firms, family offices, high net-worth individuals, and a sovereign wealth fund. Arcapita completed over 80 investments in the United States, Europe, the Middle East, and Asia for a total transaction value exceeding $30 billion. The board of directors contain nine members, mainly from the Gulf Cooperation Council. Members are chairs, previous chairpersons, or current Chief Executive Officers of sovereign wealth funds or investment firms.
Bilfinger Deutsche Babcock Middle East (FZE) is an internationally active construction and engineering services company located in the United Arab Emirates; it is part of Division Piping Systems and part of the framework Bilfinger SE.
The Messer Group GmbH is a supplier of industrial gases. Business is focused on 30 European and Asian countries. The company headquarters are located in Bad Soden (Germany).
Energy in the Middle East describes energy and electricity production, consumption and import in the Middle East. Energy policy of the Middle East will describe the politics of the Middle East related to energy more in detail.
Gulf Petrochemical Industries Company (GPIC) is the only petrochemical producing company headquartered in the Kingdom of Bahrain and sells its products both locally and exports to other gulf countries and beyond, including U.S., China, India, Pakistan among others.
Taiyo Nippon Sanso Corporation, commonly known as TNSC, is a Japanese multinational industrial gas manufacturer incorporated in the year 1918 as Nippon Sanso Corporation.
Mohammed Yousif Jalal was a Bahraini businessman and politician.
