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FINANCIAL NEWS
Bahrain aims USD 1bn to increase its GDP
29 Feb 2016
(MENAFN) An increase in visitor numbers will boost Bahrain’s GDP, while an improved emphasis placed on tourism as key economic driver with 3,000 hotel rooms.
Moreover, the country returns to ATM to showcase its increasing hotel and tourism infrastructure which will contribute USD 1bn by the end of decade.
Additionally, the increase in rooms is set against a backdrop of occupancy levels above 52 percent and average rates are in line with similar market movement.
The nation’s tourism sector was predicted to increase more in 2015, after continued gains in the 2014 visitor numbers of 10mn, an 11 Percent grow.
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BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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