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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
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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