Bahrain’s Agricultural Sector Flourishes; Record-Breaking Production and Exports
Bahrain’s agricultural sector has witnessed a remarkable upswing, with an impressive 36 percent rise in production, totaling nearly 13,000 tonnes of crops and fruits in 2022. The surge is attributed to factors such as the expansion of greenhouses, which increased by 54 percent over seven years, creating an ideal environment for year-round cultivation. This growth has been supported by a growing workforce, with over 4,300 individuals employed in the sector, including Bahraini nationals and expatriate workers. The nation’s agricultural success is further highlighted by a substantial export increase, soaring by 220 percent to $159 million in 2022. Amid global challenges, Bahrain’s agricultural achievements underscore its commitment to sustainable growth and food security.
CALABARZON: The Rising Star of the Philippine Real Estate Market
The CALABARZON region in the Philippines is experiencing robust real estate growth driven by commercial investments and increased property leads. Provinces like Cavite and Batangas are gaining popularity for agri-tourism and farm villa rentals. CALABARZON’s proximity to Metro Manila makes it a hotspot for various property types, including technoparks and commercial establishments. Lamudi’s property awards in Luzon saw a 50% increase in nominated projects, reflecting the region’s real estate boom. The Outlook: Philippine Real Estate Awards 2023, set for September 21, will celebrate outstanding developments and feature industry discussions.
