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FINANCIAL NEWS
New record in Kuwait’s surplus in 2012
13 May 2013
(MENAFN) A new record for Kuwait’s trade surplus beats the 2011 record of USD74.45 billion, as the amount reached USD90.95 billion in 2012, reported Arab Times.
Comparing the strong exports with the soft imports, the surplus was around 53 percent of 2012’s gross domestic product.
USD110.98 billion is the oil exports record in 2012, with 18 percent increase from the previous year.
It’s expected that in 2013 the oil production will be reduced by 3 million bpd, furthermore, Kuwait’s oil prices are projected to decline.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
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12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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