forecast by 0.2pp to 0.3%, the eurozone by 0.3pp to 1.1%, and both China and EM ex-China by 0.2pp to 4.6% [...] revised up its forecast for world growth in 2023 by 0.1pp to 2.5%, reflecting surprising resilience so far [...] lowered its 2024 world growth forecast by 0.2pp to 1.9% with widespread downward revisions. It cut the
of Bahrain reached 1,557,182 people at the end of 2022, 1,524,693 in mid-2022, and 1,577,059 in mid-2023 [...] Cabinet discussed the following memorandums: 1. A memorandum submitted by the Government Executive [...] Cabinet then approved the following memorandums: 1. A memorandum submitted by the ministerial committee
the first quarter increased by 22pc to BD1.26m, compared with BD1.04m in the first quarter of 2022. [...] amendments to other standards, effective January 1, 2023. These standards have brought significant [...] presented a statement of financial position as of January 1, 2022. The introduction of IFRS 17 as the standard
practice will change to $1.25 per barrel if oil prices ranged between $50 and $60, $1.50 if they were between [...] proposed that for every barrel of oil or gas produced $1 be added to the fund, instead of just taking a cut [...] from oil exported. From January this year, $1 is being saved from every barrel of oil exported if
In terms of value, government services at BD76.1m, up 1.9pc from September 2021, led the top five sectors [...] individuals or organisations to transfer funds of up to BD1,000 per day in less than 30 seconds; whereas Fawri [...] terms of transaction value, Fawri was the leader at BD1,290.4m, followed by Fawri+ at BD419.3m, and Fawateer
which saw a 58.1pc overall increase to $301.8m. AUB reported Q3-2021 net profit of $152.1m as compared [...] Banader hotel reported a steeper loss of $1.85m versus $1.7m in Q3-2020. The positive trend was [...] largest profits on the bourse during Q3-2021 at $334.1m as compared to a loss of $30.8m during Q3-2020.
the volume of cashless payments was 11,508,678 (69.1pc of them contactless) in September, whereas the total [...] terms of value, government services at BD74.6m, up 6.1pc YoY, led the top five sectors, with supermarkets [...] coming next, followed by restaurants (BD28m), down 1.6pc, health (BD15.6m), up 2.7pc, and automobile d
Bahrain is set to host two back-to-back Formula 1 (F1) races later this year. The Bahrain International [...] host the F1 Gulf Air Bahrain Grand Prix 2020 from November 27 to 29 followed by the Formula 1 Rolex Sakhir [...] the Bahrain Tourism and Exhibitions Authority for Q1 2020 point to a sharp 47 per cent decline in the number
the chemical products fell by 1.6% y-o-y, accounting for 30.4% and 30.1% of total non-oil exports, re [...] seasonally adjusted quarterly basis, GDP grew by 1.2% in Q3 2020, stated Al Rajhi Capital, a leading [...] expanded 10.8% y-o-y in October, supported by a rise in M1 and M2, increasing 11.7% and 10.0%, respectively.
total since Q3 2009. The Year-to-date demand of 2,972.1 tonne was 10 per cent lower versus the same period [...] percent y-o-y. Investors globally bought 222.1 tonne of gold bars and coins and an additional 272 [...] gold ETFs have increased their holdings by a record 1,003.3 tonne. However, the combination of continued