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FINANCIAL NEWS
Saudi oil export earnings to reach USD48 b
08 Oct 2013
(MENAFN) Jadwa Investment reported that the prices decline in oil and gas in Saudi Arabia is expected to cause a drop in earnings of oil exports by USD48 billion in 2013, according to Saudi Gazette.
Although the Kingdoms income has shrunk, its nominal GDP is expected to increase by about USD36 billion by 2014.
A study by Jadwa showed that the Kingdoms earnings of oil export is expected to see a giant fall to USD289.4 billion this year, down from its highest record of USD337.4 billion last year.
More News
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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