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FINANCIAL NEWS
Oman’s private wealth to reach USD0.4tr in 2020
29 Jun 2016
(MENAFN) Private wealth in Oman is predicted to increase from USD0.3tr to USD0.4tr, which will be driven basically by equities at 5.8 percent.
Additionally, the growth of private wealth in the Sultanate will be also followed by cash and deposits at 4.1 percent and bonds at 2.2 percent.
Accordingly, regional asset managers will provide a standard product program with limited differentiation, and they use technology to offer extra communication channels.
In the coming five years, wealth in the Middle East and Africa will reach USD11.8tr and Saudi Arabia, the UAE, and Kuwait’s contribution will account for 22.7 percent.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
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13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
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
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