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.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year