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NBK sees Bahrain economy to grow 2.8% in 2014

The National Bank of Kuwait (NBK) has said the Bahraini economy is expected to grow by 2.8% this year, thanks to growth in the oil sector and stability of the non-oil sector, Kuna has reported. “Growth is expected to slow to 2.8% year-on-year in 2014, as oil sector growth undergoes a major correction and non-oil sector growth remains relatively weak”, the lender said in its weekly report on GCC economies.