gross loans remained at 2016 year-end levels of 4.1pc. The tax charge was at $26m, compared with [...] billion at the end of first half, comparable with $30.1bn at the 2016 year-end. The bank continues to [...] remained strong at 19.2pc, comprising predominantly Tier 1 at 18pc. “The results are steady and in line
73 wholesale banks serving a population of around 1.4 million, according to the central bank. In [...] to grow at a slower pace this year compared with 3.1pc in 2016. This week Moody’s revised BBK’s local [...] foreign currency senior unsecured debt ratings to B1 from Ba2, saying it reflected the close linkage of
of SAR1.25 trillion ($333.26 billion) for 2024 and expects a budget deficit equivalent to around 1.9% of [...] of GDP. The estimated total revenues is SAR1.172 trillion in 2024. The government will continue
The electron storage ring, with a circumference of 1,360.4 metres, is the main component of the HEPS a [...] storage ring was launched on July 23. A total of 1,776 magnets, over 2,500 power supplies and 578 electron [...] ighEnergyPhotonSource.aspx?cms=q8FmFJgiscL2fwIzON1%2bDmHmaLePBJkEPXYMMJPcgoQ%3d
individuals or entities to transfer funds of up to BD1,000 per day in less than 30 seconds, saw a 20pc increase [...] 0.7pc year-on-year. This decrease was driven by a 1.2pc decline in the number of non-Bahraini workers [...] Bahrainis employed in the private sector grew by 1.6pc. This suggests a potential nationalisation trend
which contracted 4.5% during Q3 2023, pivoting from a 1.2% expansion in the previous quarter, is expected [...] revenue, also weakened in the quarter, growing at 0.1% on a quarterly basis, according to government data [...] (CE). The London-based consultancy has forecast a 1.3% contraction for Saudi Arabia for the whole of 2023
projections in the survey were raised to 1.5 percent this year and 1.7 percent next year, underpinning ECB [...] ecb/ecb-warns-against-global-currency-war-idUSKBN1FF175
Bahrain International Airport is undergoing a $1.1 billion modernisation programme, set to increase [...] number considering our resident population of only 1.5 million people." revealed Dr Simon Galpin, the managing
VAT should raise around $300 million (approximately 1pc of GDP) in additional tax revenue per year. [...] grant allocations currently standing at less than $1.3bn year-to-date, according to the Economic Development [...] policy rates. The policy rate, currently at 1.75pc, is expected to increase by a further 50 bps
that it exported 1.2 million tonnes of ammonia, urea and methanol, an increase of 1 per cent which is [...] what had been planned for last year. It exported 1.18m tonnes in 2016. A total of 73,495 metric