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FINANCIAL NEWS
S & P confirms Qatar’s economy with stable outlook
18 Feb 2016
(MENAFN) Standard & Poor’s Ratings Services affirmed its ‘AA’ long-term and ‘A-1+’ short-term foreign and regional currency credit ratings on Qatar, which is stable.
Accordingly, the country’s financial and external positions are expected to move to deficits from 2016 onward, while it has built a huge net asset position over many years.
Moreover, Qatar’s economy increased by almost 5.5 percent yearly over the last four years, but it expected this will slow to about 4.0 percent over 2016-2019.
On the other hand, non-oil growth should maintain float due to spending under a USD 125bn infrastructure investment program and helped by the growing population.
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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
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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