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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
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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