Business Immo, the real estate website

Bahrain offices market update - H1 2014

Published on

A research produced by

Bahrain property - H1 2011

Provisional data from the Central Bank of Bahrain (CBB) show that real GDP grew by 5.3% in 2013, up from 3.4% in 2012. The economy received a significant boost last year as the Abu Sa'afa oil field returned to production after maintenance delays led to a notable decline in output in 2012. This helped Bahrain's oil sector to achieve growth of 15.3% in 2013 -a much faster rate of increase compared to the non-oil sector's 3.2% expansion. Data from the CBB also showed that growth in the business and real estate sector decelerated slightly, from 2.9% in 2012 to 2.6% in 2013.

Source : Knight Frank

This research is available only to BI or BIE subscribers

Please log in, or contact us to find out how to subscribe