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FINANCIAL NEWS
GCC economic growth to reach 2pct
17 Oct 2016
(MENAFN) The GDP of GCC States is predicted to reach 2 percent for this year and the coming year, similar to growth levels in 2015.
Accordingly, Brent crude will average USD45 per barrel in 2017, USD50 in 2018 and USD55 for 2019.
Moreover, the structural shift in the energy markets recently well and truly established and GCC governments on path to addressing the fiscal deficits.
Meanwhile, corporate and infrastructure firms are able to operate successfully and deal with the implications of the reform agenda; higher taxes and lower subsidies.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
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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