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FINANCIAL NEWS
Saudi non-oil growth hit 4.5 pct in H1
18 Sep 2013
(MENAFN) Riyadh-based Jadwa Investment reported that Saudi Arabia’s economic growth is expected to keep growing during the second six months of the current year as a result of the government’s increased spending, according to Arab News.
It is also expected the kingdom’s oil revenues to keep increasing and to support business.
Non-oil growth hit a 4.5 percent rise in the first six months of 2013, compared to the same half of 2012.
Jadwa said: “We believe that progress on awarding contracts and project implementation has been stepped up compared to last year. The HSBC Purchasing Manager Index (PMI) points to strong expansion in private non-oil sector activity. Other data on private consumption, cement production, bank lending, transport and manufacturing activity all point to a robust non-oil growth.”
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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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