FINANCIAL NEWS

Bahrain non-oil sectors to post higher growth in 2014

12 May 2014

(MENAFN) Bahrain’s non-oil sector is expected to grow this year on strong recovery in oil sector reported in 2013, according to Arab News.

Major sectors in the kingdom are also expected to post high growth this year, such as infrastructure, said the Bahrain Economic Quarterly (BEQ).

A number of infrastructure projects worth USD4.43 billion have also helped the non-oil sector in the Kingdom see high growth in its economy.

Investors’ confidence is expected to be stronger this year, along with increased bank credit growth.

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