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sector GDP growth is expected to be of the order of 1.2%.” The brokerage expects global oil prices [...] yet, still generate a surplus of the magnitude of 1.9% of GDP (after 2.3% in 2022),” said Huber. [...] hike rates by 50bp in December 2022 and by 25bp in Q1 2023 to finish with a peak rate of 4.75%. SAMA will

totaled $1 trillion. Similarly, Public Pension Funds (PPFs) have reduced their assets by $1.3 trillion [...] , tickets deployed by sovereign investors of US$ 1.0 billion or more, 26 were carried out by Middle Eastern

More than 4 million email threats and 1m malware attacks in Bahrain were blocked by its solutions in [...] r (YoY) increase in attacks on these systems in H1 2022. Detection of attacks from ransomware-a [...] data, Trend Micro blocked 63 billion threats in H1 2022, there were 52pc more threats in the first half

$32.5 billion in 2021, rising by 29.9% YoY from $25.1 billion, data showed. Meanwhile, the petroleum [...] electricity exports climbed by 164.3% in 2021 to $11.1 billion, versus $4.2 billion in 2020, the annual bulletin [...] bulletin. Egyptian exports to Turkey rose by 75.1% last year to $3 billion, while exports to Italy and

croissants previously sold for 500 fils will now cost BD1, and sliced white bread will cost 550 fils, up from [...] of which has gone up by 100pc, from 500 fils to BD1.” An expatriate mother expressed concern over [...] brownie chocolate and a pack of four was priced at BD1.200 against a dinar or lesser before,” she said.

poll of economists had pointed to a reading of 9.1%. Sterling fell after the data and was down by 0 [...] has done since December which took its Bank Rate to 1%, its highest since 2009. "Things are going to get [...] esto9highestsince1982.aspx?cms=q8FmFJgiscL2fwIzON1%2bDnKizV%2f9GSnaJrgXQtw01Eo%3d

individuals or entities to transfer funds of up to BD1,000 per day in less than 30 seconds; whereas Fawri [...] was the leader at 74pc, followed by Fawri+ at 23.1pc and Fawateer at 2.9pc. The number of transactions [...] ns made through the Fawateer service amounted to 1,004,574 higher by 43.45pc than March 2021.

reduce the total deficit expected for 2022 from BD1.112 billion to BD823.528m. Shura Council financial [...] instructions made before the due start date on January 1, 2022. “The government needs time to reorganise [...] welfare and support allowances by 10pc from January 1, 2022, which will also be debated during the Shura

achievements.aspx?cms=q8FmFJgiscL2fwIzON1%2bDn0BWxREK4NNrR1ouKon%2fTY%3d [...] event taking place in 2021 and it featured more than 1,200 exhibitors, representatives from 148 countries

following the doubling of the VAT rate on January 1, 2022 to 10pc from 5pc. S&P expects the increase [...] 3.3pc of GDP over the medium term, up from about 1.6pc in 2021. The Bahraini government updated [...] to a further narrowing of the budget deficit to 1.3pc of GDP over 2022-2023. Beyond this, it forecasts