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FINANCIAL NEWS
GCC business confidence on the rise
27 Apr 2010
(MENAFN) The GCC Business Confidence Index rose by more than 20 points in the first three months of 2010 across almost all Gulf countries, indicating that the region’s business people are far more positive about their prospects than a year ago, according to a press statement.
Saudi Arabia continued to be the most optimistic in the GCC, leading the index at 96.3 points, while only Bahraini business people saw a slight dip in confidence though they remain positive and are far more optimistic than the UAE on balance.
Business confidence in the UAE recorded a lower score than any other country in a year ago, but has recovered more gradually than other countries. The index now stands at 76.6, up from 57.9 year-on-year.
More News
20 Jul 2025
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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