Bahrain - Decypha: Bahrain's non-oil sector, according to official figures, has achieved a real growth rate of 4.7% in the third quarter (Q3-16), increasing from the previous quarter's 3.6%, reported Arabian Business.
Growth in 2015 as a whole hit 2.9%, which shows that despite fluctuating oil prices effect on the region's economy, the country's non-oil sector has gathered momentum.
The sector growth is attributed to expansions in several industries, especially in construction and financial services.
By Decypha News Editorial Team
Source:
Decypha