28 May 2013
(MENAFN) The Bahrain Economic Development Board stated that in 2013, the country’s gross domestic product (GDP) is projected to expand at least 5 percent, reported Gulf Daily News.
The strong non-oil sector drove the Kingdom’s recovery in 2012, whereas the oil sector’s technical problems restrained a higher growth, as technical issues at Abu Safa oilfield lowered production for most of the year.
However, as these problems were repaired in November, and as higher output is expected from an onshore oilfield, the country’s 2013’s economy will rebound strongly.
It is worth noting that bank lending in Bahrain has been growing at a comfortable pace and banks have high liquidity.
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more