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FINANCIAL NEWS
GCC States to enhance economic position
24 May 2016
(MENAFN) GCC countries plan to make new economic strategy to end reliance on oil, while they need both revenue and economic diversification.
Additionally, in order to achieve this, it would need private sector collaboration and retention of human capital among the region to ensure sustainable growth.
Moreover, GCC started making financial reforms, like introducing taxes and cutting subsidies.
The region needs 6 to 7 percent economic increase in order to keep unemployment rates where they are currently.
More News
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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