3 Hrs
Source:
الاقتصادية
Bahrain Approaches Gulf Economic Aid
Sources expect Bahrain to receive financial support from the Gulf, especially from the United Arab Emirates, to help it face the escalating economic crisis, which has worsened due to the Iranian war and a decline in foreign exchange reserves by over 50% since March. Public debt now exceeds 150% of gross domestic product. Despite a temporary improvement in the central bank’s reserves, economic pressures remain ongoing, and a recession is expected in 2026, with a contraction potentially reaching 11.3%. The report indicates that the timing and details of the anticipated support will depend on the circumstances, emphasizing the war’s impact on Bahrain’s financial stability.
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