9180
Bahrain Economy Improves
World Economy

Bahrain Economy Improves

Bahrain’s economy grew 5.1% from a year earlier in the third quarter, according to new figures released by the Bahrain Economic Development Board (EDB), Arabian Business reported. The EDB said the Q3 growth continues the momentum from earlier in 2014 and “reflects the positive impact of the initiation of a number of significant infrastructure projects”. Overall growth for 2014 is forecast to have been in excess of 4%, a statement said. The latest Bahrain Economic Quarterly also highlighted the resilience of Bahrain’s non-oil growth. This was particularly apparent in the construction sector, which experienced acceleration from 3.6% annual growth in Q2 to 12.3% in Q3, making it the fastest growing sector of the economy.

 

Short URL : http://goo.gl/LplIqp

You can also read ...

Westinghouse Electric, the leading US nuclear fuel producer, said it relies on China for zirconium and zirconium powder  for use in nuclear fuel assemblies
A broad cross-section of US businesses has a message for the...
Argentina Lacks Options to Defend Peso
With interest rates sky-high and the economy heading for...
UK Business Pessimism Rising
Business leaders’ confidence in the British economy has fallen...
Turkey, Qatar in Currency Swap Deal
The central banks of Qatar and Turkey signed a currency swap...
BMW Seeking Broader China Collaboration
The opening-up is an important policy and German carmaker BMW...
Irish Economy in Post-Recovery Stage
The economy is in a strong position and has moved into a post-...
International Labor Organization has called for stronger...
Asian Countries Vie to Set Up Crypto Valleys
The race to establish cryptocurrency hubs in Asia is gathering...

Trending

Googleplus