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FINANCIAL NEWS
Egypt’s account deficit doubles at USD14bn
03 Jul 2016
(MENAFN) Egypt’s recent account deficit doubled in the Jan-Sep period of 2015/16 to USD14bn from USD8bn in the same period of last year.
However, the country’s economy is struggling to recover after a huge uprising in 2011, which drove tourists and foreign investors.
Accordingly, the deficit reached USD14bn in the cited period of the previous fiscal year, compared with USD8bn in 2015.
Furthermore, the country will announce its balance of payment figures for the cited period.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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