Middle East Economic Survey


No 4



Bahrains Real GDP Expected To Grow At 2.5% In 2010

Bahrains economic growth rate will recover modestly in real terms to 2.5% in 2010 up from an expected 1.5% in 2009, says Emirates NBD in its January Global Markets and Treasury report. The fall of international oil prices coupled with the global recession provided significant headwinds for Bahrains economy in 2009, given its high dependence on demand for refined oil and aluminum from...