Bahrain's economy is likely to grow from two per cent this year to 2.4pc next year on the back of government investment.
But across the GCC and in spite of stable oil prices, growth is likely to slip from this year's regional average of 6.9pc to 3.4pc, according to Merrill Lynch Wealth Management.
"Investors should focus on investments that offer yield, quality and diversification amid expectations that the global economy will avoid recession but experience fragile growth in 2012, according to the investment house's chief investment officer for Europe, Middle East and Africa (EMEA) Bill O'Neill.
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