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FINANCIAL NEWS
Kuwait pledges USD4b aid for Egypt
11 Jul 2013
(MENAFN) Kuwait has pledged USD4 billion in aid to Egypt, joining its neighbors Saudi Arabia and UAE in their approval of the ousting of Islamist President Mohamed Mursi, official news agency KUNA reported.
The Gulf billions could give the cash-stripped economy a space to breathe.
According to Kuna, the package would comprise a USD2 billion central bank deposit, a USD1 billion grant and USD1 billion in oil products.
Qatar lent Egypt more than USD7 billion during Mursi’s abruptly curtailed year in power, but other Gulf states remained aloof, wary of the Muslim Brotherhood’s potential influence in their own conservative, dynastically ruled countries.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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