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FINANCIAL NEWS
GCC attains top ranking as expats’ main target
23 Jun 2016
(MENAFN) Gulf nations stay most favored place in the world for emigrants for enabling them greater ability to save with higher disposable incomes, in spite of the regional and global slowdown, based on the available data.
Additionally, the GCC keep on delivering the sturdiest and healthiest wealth creation dynamics globally in terms of higher salaries, better work incentives, not to mention a less complex environment to manage finances.
Countries in the GCC rank the highest in the world when it comes to expats being able to own extra property as a result of moving, thus they have singled it out for the chances it offers to put them on the right financial footing.
“We see that they are highlighting the growth in their disposable income and their ability to save as factors boosting their long-term planning capabilities,” said the Head of Regional Wealth Development at HSBC Bank Middle East Limited.
More News
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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