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FINANCIAL NEWS
Algeria, Spain aim to extend oil field deals
23 Nov 2016
(MENAFN) The Algerian state energy firm Sonatrach and Spain’s Cepsa inked a deal in order to increase tie deals for two oil fields in N .African country.
Moreover, Algeria has proclaimed plans to enhance oil and gas production after stagnation in recent years due to a lack of foreign investment.
Additionally, both sides also inked a memorandum of understanding to explore chances in other areas where both sides have mutual interests in Algeria and globally.
The country predicts gas output to reach 141.3bn cubic meters in the coming year, 143.9bn cubic meters in 2018, 150bcm in 2019 and 165bcm in 2020.
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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