16 Aug 2010
(MENAFN) The Omani government said in a preliminary report that the Sultanate’s economy grew 30.4 percent year-on-year in nominal terms in the first quarter, buoyed by higher oil prices and crude output, ONA reported.
The Gulf country’s nominal gross domestic product jumped to $13.7 billion from $10.4 billion a year ago, data from the economy ministry showed.
The sultanate’s gross domestic product (GDP) fell by 19.8 percent at current prices in January-March 2009 as oil prices dropped following the global economic downturn. It rose 6.1 percent quarter-on-quarter in January-March 2010. The ministry did not release GDP data in real terms.
Oil and gas activities accounted for 48 percent of the non-Opec member’s economy in the first quarter, up from 35 percent in the same period of 2009.
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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
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