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FINANCIAL NEWS
Saudi economic outlook upgraded by S&P
01 Jun 2013
(MENAFN) Standard & Poor’s has revised the outlook on the long-term sovereign credit ratings on Saudi Arabia to positive, from stable, reported Arabian Business.
It said the outlook revision reflected its opinion that it could upgrade Saudi Arabia during the next 24 months if economic growth remains strong.
“In our view, continued growth would help to reduce the country’s social challenges, including unemployment, and enhance productivity and competitiveness,” it said in a statement.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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