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FINANCIAL NEWS
Unemployment rates decline by 0.2pct in Egypt
16 Aug 2016
(MENAFN) Unemployment rates decreased by 0.2 percent in Q2 of this year, down to 12.5 percent, compared to 12.7 percent in the first quarter of this year.
Accordingly, the decrease attributed to the increase in employment rates in many sectors, like the public administration, defense and social security sector.
In addition, health and social security sector makes more than 3.2 percent of the whole employment rate, after it reached 2.7 percent in Q1.
On the other hand, the recent number of unemployed Egyptians stood at 3.7mn, which accounts for an increase of 61.000 workers from the first quarter of 2016.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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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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