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
Bahrain's economy is expected to grow by slightly more than 4 per cent this year, the Economic Development Board (EDB) said on Sunday, while it sees the country's financial sector recovering only slowly.
'The EDB expects the Gr
Aluminium Bahrain (Alba) was lauded for its contribution towards strengthening the local economy during the Careers Day 2010 expo being held at the Bahrain Training Institute (BTI).
Minister of Labour, Dr Majeed bin Mohsin Al Alawi, who vi
Bahrain's economy is expected to grow around 4 percent this year, up from 3.2 percent in 2009, the Gulf oil producer's central bank governor said on Tuesday.
Inflation was expected to average at 1.5 percent this year, Rasheed al-Ma