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FINANCIAL NEWS
UAE to increase its GDP by 4 percent until 2020
31 Jul 2016
(MENAFN) The UAE is predicted to recover in 2017 after difficult conditions this year of a strong recovery in economic growth.
Accordingly, the country’s recovery in oil prices combined with growing public and private sector boosted by Dubai’s preparations for the Expo 2020.
Moreover, the recovery will support an increase in main project spending in the emirates after a year of slight increase in 2016.
In addition, almost USD155bn worth of major projects were under implementation in the UAE and almost USD629bn of main projects are planned in the country.
More News
17 Sep 2025
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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