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FINANCIAL NEWS
Kuwait’s GDP to hit 5 percent in 2014
13 Apr 2014
(MENAFN) Kuwait/s real GDP forecast is expected to hit 5 percent this year compared to 4.5 percent in 2013, according to Khaleej Times.
Main factors of the expected growth will be resilient oil production, which forms the bulk of exports, as well as increasing foreign direct investment.
Dept relief programs held by the government will also help boost its growth and increase private consumption going forward.
The country’s oil sector is expected to grow further with a slower pace this year to reach 4 percent compared to 4.4 percent in 2013 on gradual decline in oil production.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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