Bahrain Finance Minister: ‘Rising tide will lift all economies in the GCC’

Like many other Middle Eastern economies, Bahrain has been trying to move away from its dependence on fossil fuels. In 2000, oil and gas made up 44% of its GDP; now that figure is 16%.

According to the latest government data, the country’s top growing sectors in the first quarter of this year were accommodation and food services, finance and insurance, communications, and retail. In October, the National Bank of Bahrain launched a Bitcoin investment fund, aimed at institutional investors — a first for the GCC.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

SingularityDAO, SelfKey and Cogito Finance Token-Holders Approve Merger to Form Singularity FinanceCrypto Blog
Sumber: Crypto_Potato - 🏆 568. / 51 Baca lebih lajut »

South Korean finance minister views dollar-won near 1,400 as new normal, Yonhap reportsSouth Korean finance minister views dollar-won near 1,400 as new normal, Yonhap reports
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister saysGlobal public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.
Sumber: NBCDFW - 🏆 288. / 63 Baca lebih lajut »