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FINANCIAL NEWS
Lebanon predicts negative growth in 2016
06 Mar 2016
(MENAFN) Head of Beirut traders association Nicolas Chammas expects a negative increase in 2016, while the retail sector is revolving under the recent political crisis.
In addition, the country’s economic performance in 2015 reached its lowest point, while this year will be even worse given the fast negative development in Lebanon.
Economist and experts fear that KSA, UAE and Qatar could take punitive measures against Lebanon like expelling a huge number of Lebanese expatriates working there.
Moreover, there are 500,000 Lebanese working in the GCC and the remittances they send to Lebanon annually are almost USD 5bn.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
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
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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