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FINANCIAL NEWS
Saudi Arabia confirms Vision 2030 reform plan
26 Apr 2016
(MENAFN) Saudi Arabia approved to apply a reform plan “Vision 2030”, which is predicted to include sweeping change to spread the economy beyond dependence on oil exports.
Moreover, the kingdom will sell less than 5 percent of oil giant Aramco, which will surpass USD 2tr as the kingdom, prepares to sell part of the firm.
Additionally, a new investment fund will turn the world’s top oil exporter into a global investment power, which had made returns of USD 8bn in 2015.
On the other hand, the plan will not require major spending but will include restructuring, while spending on infrastructure projects will continue.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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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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