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FINANCIAL NEWS
GCC to see 4.4 percent economic growth in 2014
21 Apr 2014
(MENAFN) Economic growth in the Gulf Cooperation Council (GCC) region is expected to boost by 4.4 percent this year affected by its oil industry, according to Khaleej Times.
Saudi-based Alkhabeer Capital said in a report: “Large surpluses and stable debt ratios should help the GCC withstand a temporary decline in oil prices, effective diversification remains the only solution in the long term.”
GCC governments plan mega projects in several sectors to highlight the non-oil private sector importance in supporting the economy.
The GCC countries have allocated money in their 2014 budget for mega projects in sectors such as education, healthcare and infrastructure.
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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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