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 ...

The New York Stock Exchange
Billionaire Warren Buffett prodded ordinary investors on...
(P)GCC Facing Three Major Challenges
The (Persian) Gulf Cooperation Council—Bahrain, Kuwait, Oman,...
Strong Euro a Headache for ECB
In recent weeks, the euro has been at its highest level,...
Saudi Jan Inflation Shoots Up to 3%
Saudi Arabia’s annual consumer price inflation jumped to 3% in...
Philippine to See 7% GDP Growth
The Philippine economy is seen to expand by 7% this year,...
Remaking Scotland a Waste-Free Economy
Funding has been announced for nine Scottish projects designed...
Oman Reports Trade Surplus
The Sultanate of Oman’s trade balance during the first ten...
Lower Electricity Bills for Cambodia Businesses
Cambodia seeks to lower electricity fees for companies in the...

Trending

Googleplus