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FINANCIAL NEWS
Bahrain posts 4.5 percent growth in Q1
21 Jul 2016
(MENAFN) Bahrain viewed an increase amid the first quarter of this year, which reached 4.5 percent, its highest level since 2014, driven by the 12.1 percent growth in the oil sector.
Additionally, almost USD4bn of projects have been tendered under the GCC Development Fund, with almost USD3bn of projects already begun.
Moreover, a resilience momentum in the non-oil sector helped to support strong increase in private sector employment, which touched 7 percent increase.
However, there are challenges for all GCC governments in adjusting to a lower oil price environment, such as promoting countries across the region to make economic diversification.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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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
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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