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FINANCIAL NEWS
Bahrain to apply crucial investments worth over USD30b
28 Jul 2016
(MENAFN) Bahrain has been recently applying a comprehensive well-studied program of structural economic and fiscal reforms to further strengthen its long-term development, according to the available data.
The program consists of; streamlining government expenditure; further redirecting government subsidies towards citizens; and a series of economic reforms and infrastructure schemes worth more than USD 32 billion.
Moreover, Bahraini officials and experts further stressed and emphasized that improving and modernizing business and investment regulation is very crucial to facilitating and fostering entrepreneurial opportunities.
The ongoing diversification efforts have led to stable economic growth, which is estimated to touch 3.6 percent in June-Dec period, and that the contribution of the financial services and manufacturing exceed that of the oil sector.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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