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FINANCIAL NEWS
Bahrain sees 5.4% economic growth in Q4
28 Apr 2010
(MENAFN) BahrainÂ’s gross domestic product (GDP) grew 5.4 percent during the fourth quarter last year, over the corresponding period a year earlier, Reuters reported.
The 5.4 percent growth also compares to a 1.1 percent GDP growth in the third quarter, the official statistics office said. BahrainÂ’s central bank projects that the economy would grow between three and four percent this year, helped by the global recovery and higher oil prices.
In 2009, the country saw a budget deficit for the first time since at least 2005, as average oil prices were below its estimated budget break-even of $70 to $80 per barrel.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
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
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