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FINANCIAL NEWS
Trade surplus in Kuwait expands in Q3
19 Oct 2016
(MENAFN) Kuwait’s trade surplus expanded for the first time in a year in Q2 of this year, amid a healthy bounce in oil prices, while it remains at historically low levels.
Moreover, the surplus expanded from KD0.4bn in Q1 of this year to KD1.2bn in Q2, as a pickup in oil prices helped push oil exports earnings higher.
Additionally, oil export revenues also rose from KD2.4bn in Q1 this year to KD3.2bn in Q2 in the recent year.
Capital and industrial goods also saw a double digit growth, reflecting the government”s improved application of its development projects.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
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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