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FINANCIAL NEWS
Saudi’s oil sector grows by 5.1 pct
07 Aug 2016
(MENAFN) Saudi Arabia met many issues amid the past 18 months, both economically and politically, which were ended by the weakest economic expansion in Q1 this year.
Meanwhile, the GDP average of the sector increased by 1.5 percent on an annual basis among Jan- March period, following 1.8 percent growth in Q4, 2015.
Moreover, the Arabian Light crude prices amounted at USD30.6 per barrel during Q1 this year, playing a key role on the economy.
In addition, oil sector enlarged by 5.1 percent year on year in real terms, up from 4.5 percent in the last quarter.
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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
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