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FINANCIAL NEWS
Saudi, Indian aviation sector focus on foreign investment
09 Mar 2016
(MENAFN) Aviation and space leaders from KSA and India are ready to join on foreign direct investment (FDI) projects amid their own markets and to collaborate.
Accordingly, the Saudi aviation landscape, which is undergoing increased liberalization, privatization and expansion, will see its fleet double among few years.
Moreover, the sector will contribute between 10-15 percent of the nation’s non-oil GDP amid the 15 years, up from its recent level of 2 percent.
India is recently the world’s largest importer of defense equipment, and will become the third largest aerospace market by 2020.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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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