VOL. XLIII

No. 23

5-June-2000

BAHRAIN

Bahrains Onshore Sector Reports Solid 1999 Results...

Bahrains onshore sector has defied predictions that year-end 1999 results would be affected negatively as the impact of the low oil revenues of 1998 and 1Q 1999 slowly filtered down to the economy, reporting surprisingly healthy figures after an unimpressive 1998 (MEES, 9 August 1999). The sector as a whole, excluding Bahrain Islamic Bank, which has yet to finalize its latest financial results for the...