GCC Development Fund

GCC Development Fund latest

Fitch said it expects general government debt to rise to nearly 80 percent of GDP in 2016 from around 62 percent of GDP in 2015, well above the 'BBB' and 'BB' medians of around 40 percent. (File photo)

June 29th, 2016 - 05:00 GMT

Bahrain ratings suffer downgrade to junk status by Fitch

Fitch said in a statement that lower oil prices are causing a "marked deterioration" in Bahrain's fiscal position, and expects the budget deficit to widen to 15.4 percent of the GDP in 2016.

2013 brought an improved financial outlook for the country's economy

March 13th, 2014 - 07:04 GMT

Is Bahrain on the brink? Manama facing 'budget deficit, inflation challenges'

The expansion has been above all driven by substantial gains in the oil and gas sector where output levels rebounded to capacity after technical disruptions.

December 31st, 2013 - 03:55 GMT

Arab Spring gone with the wind? Bahrain's economy to record robust growth

Despite continuing protests in the Kingdom, Bahrain is attempting economic reform

September 27th, 2012 - 09:51 GMT

GCC Development Fund latest

Bahrain ratings suffer downgrade to junk status by Fitch

Is Bahrain on the brink? Manama facing 'budget deficit, inflation challenges'

Arab Spring gone with the wind? Bahrain's economy to record robust growth

Despite protests, Bahrain attempts to spur on economic development