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FINANCIAL NEWS
Algeria’s trade deficit enlarges by 27.2 percent
21 Jul 2016
(MENAFN) Algeria’s trade deficit enlarged to USD10.83bn in the first half of this year, 27.2 percent more than in 2015 due to a drop in energy earnings.
However, oil and gas exports, which accounted for 93.5 percent of its
sales abroad, dropped 33.6 percent to USD11.86bn in the cited half.
Moreover, the whole value of exports during the period declined 33.02 percent to USD12.68bn, while imports fell 14.35 percent to USD23.51bn.
In addition, the country aims to reduce its imports bill in a bid to counter the loss in energy revenues since world oil prices started falling in June 2014.
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BBK discloses its financial results for the half year ended 30th June 2025
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08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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