Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View: This quarter we maintain our negative near-term view on the Bahraini autos sector. We
continue to target a 23.7% fall in sales over 2016, although luxury brands will outperform.
? The commercial vehicle segment should outperform over 2016, as heavy vehicle demand remains strong
against the backdrop of ongoing robust levels of construction activity.
? We continue to believe the planned introduction of VAT in 2018 may prompt consumers to buy greater
numbers of new passenger cars in 2017 before the tax is implemented.
? Our view that Bahrain will retain positive demand for luxury cars, despite the wider market slowdown,
has been borne out by the relatively strong performance of luxury brands over 4M16.