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FINANCIAL NEWS
Bahraini IDC, Fuji sign a deal for Dilmunia project
14 Sep 2014
(MENAFN) Ithmaar Development Company (IDC) announced that it awarded Fuji Electric, the global energy solutions provider, with the contract of supplying and the installation of the primary substation serving the landmark Dilmunia at Bahrain Health Island, Gulf Daily News reported.
The 66 kilovolt substation is expected to deliver electricity to roughly 40 percent of the ambitious 125-hectare, USD1.6 billion worth man-made island.
IDC also announced that it awarded the Bahrain-based contractor Cebarco the civil works contract concerning the project, which has started work on the site which will accommodate the substation.
Meanwhile, IDC said that the energizing of the primary substation will take place in the January-March period of 2015, in time for the completion of the Seavilla development, into which Dilmunia’s first residents will move in during the third quarter of 2015.
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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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
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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