Bahrain adopted Overseas Accounting Standard 1 (IAS 1) in 1994 within the lack of other local requirements.

Bahrain adopted Overseas Accounting Standard 1 (IAS 1) in 1994 within the lack of other local requirements.

Bahrain\u2019s sector that is industrial dominance by state-controlled organizations such as for example Aluminum Bahrain (ALBA) and Gulf Petrochemical Industries Company (GPIC).\u00a0 De facto monopolies additionally occur in a few companies led by people or businesses that are family-run. \n

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