image description
image description
Tell A Friend

FinancialNews


  • 06-10-10

    Bahrain's economy expands 4.6% in Q2

    (MENAFN) Bahrain's Prime Minister Prince Khalifa bin Salman Al Khalifa said that in the second quarter of 2010 the Kingdom's economy has grown 4.6 percent which is a slower rate compared to the first quarter, Gulf Daily News reported. Bahrain's second quarter growth marked a slowdown from first quarter growth of 5.2 percent year-on-year and 1.4 percent quarter-on-quarter. The PM added that the country's nominal GDP grew 8.2 percent on an annual basis in April-June and 1.4 percent quarter-on-quarter attributed to higher oil prices and its products as well as a good performance of some non-oil activities. The kingdom's economy is expected to grow 3 percent to 4 percent this year, broadly in line with a median forecast of analysts, after 3.1 percent growth in 2009.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved