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FINANCIAL NEWS
UAE non-oil sector growing rapidly, expanding abroad
10 Nov 2013
(MENAFN) Private and state owned companies in the UAE are more rapidly expanding abroad, Xinhuanet reported.
More companies in the UAE are expanding to the Middle East and beyond as the country’s economy is strong, allowing for companies to have the financial and operational capacity to expand.
HSBC stated that the non-oil private economy in the country has been expanding since mid-2011, and the global banking association IIF revised its growth forecast for 2013 to 4.7 percent from 3.9 percent.
More News
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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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