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FINANCIAL NEWS
Egypt, KSA to ink petroleum, investment deals
20 Mar 2016
(MENAFN) The Egyptian Minister of Intl’ Cooperation will sign an agreement with Saudi Arabian parties for the ink of petroleum to Cairo for coming five years.
Moreover, the Egyptian Minister will sign a USD 1.5bn deal with the Saudi Fund for Development (SFD) to raise “the development of the Sinai peninsula.”
Additionally, the global cooperation minister will also discuss a USD 119.83mn agreement from the SFD to fund to be implemented to the upgrading of Qasr El-Ainy hospital.
The Kingdom gave orders to increase its investments in Egypt to more than USD 8bn to secure Egypt’s petroleum demands for the following five years.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
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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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