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FINANCIAL NEWS
Saudi’s GDP grows by 1.4pct in Q2
03 Oct 2016
(MENAFN) Saudi Arabia’s GDP rose by 1.4 percent in the second quarter of this year, after growth of 1.5 percent in the first quarter.Furthermore, the oil sector increased by 1.6 percent from a year ago, slowing from 5.1 percent growth, while the non-oil sector grew by 0.4 percent.Accordingly, the kingdom’s economy avoided a technical recession, which is reflective of the strong momentum of the oil sector.The oil sector growth will start to moderate if any sort of output control among OPEC and beyond materializes.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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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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