26 Jan 2013
(MENAFN) According to a study issued by a Saudi commercial bank, an unplanned increase in oil prices will increase the country’s budgeted fiscal surplus by 3,000 percent in the current year, reported Saudi Gazette.
The study said that the surplus forecast would hit around USD144 billion by the end of 2013, compared to USD179 billion reported back in 2012 and USD158 billion reported in 2011.
In addition, the study indicates an increase in Saudi net foreign assets to an all time high amounting to USD710 billion at the end of 2013.
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
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
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more