Bahrain’s economy is expected to grow by at least four per cent this year despite global financial challenges and declining oil prices, said a top banking executive.
Non-oil sectors would play a crucial role in boosting the
Bahrain's economic growth has risen during the second quarter of this year by 5.6 per cent at constant prices and 7 per cent at current prices compared to the same quarter of 2013, a top government official said.
The 'King Hamad Causeway,' the second terrestrial link between Saudi Arabia and Bahrain, will deliver a significant economic boost to Bahrain’s residential, industrial and retail markets, according to global real estate consultancy
Bahraini small and medium enterprises (SMEs) contribute nearly 30 per cent of nominal gross domestic product and also provide jobs for nearly 73 per cent of private sector employees, said a top minister.
Bahrain's economy grew by one per cent quarter-on-quarter in April-June after shrinking in previous three months, but annual growth decelerated to its slowest pace since 2008 as the impact of unrest continued to stifle activity, data showed on
Bahrain's economy has bounced back registering a significant growth of 19.8 per cent during the second quarter of this year due to the government reform efforts, said senior officials, citing data.
The growth rate at constant price reg
Al Baraka Banking Group chief executive Adnan Ahmed Yousif has praised the stability and security of Bahrain on a visit to Bahrain Bay where he inspected the construction of the company's new headquarters.
"We are pleased for what we have
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), met His Majesty King Hamad Bin Isa Al Khalifa and affirmed confidence in his leadership and the economy of Bahrain.
During his visit, Prince Alwalee
Bahrain's economy is on target to meet expectations of four per cent year-on-year growth of gross domestic product (GDP), according to the kingdom's economic quarterly report.
The Economic Development Board (EDB) started issuing qu
Bahrain's national economy is poised to post a five per cent rate of growth in 2012, according to His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Economic Development Board chairman.
Portraying the positive outl