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FINANCIAL NEWS
Saudi, Greece in talks to boost trade ties
23 Nov 2014
(MENAFN) The Greek Ministry for development and competitiveness said that it is planning to have a series of meetings with Saudi officials to discuss the potential of bilateral collaboration in the fields of investments and exports, Arab News reported.
Greece’s economy, which has been in state of recession for six years, is finally recovering with expected growth of 0.6 percent during the October-December period of this year, as well as a growth by 2.9 percent in 2015.
Greece is again becoming a safe destination for investments, both domestic and foreign, having attracted USD46.56 billion in investments since 2012, including the USD7.43 billion privatization and development of the former Hellinikon airport, and the USD1.85-billion Trans-Adriatic Pipeline (TAP.
In addition to these economic improvements, Greek exports have increased by 11.7 percent annually over the period between 2009-2013.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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