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FINANCIAL NEWS
Egypt obtains USD650mn worth of fuel from KSA
26 Jun 2016
(MENAFN) Egypt received shipments of petroleum products worth almost USD650mn in May and June, as part of the deal with Saudi Arabia.
Accordingly, petroleum shipments value USD300mn was obtained in May, while the value of fuel shipments this month will reach USD350mn.
Additionally, the deal with the Saudi side specifies calculating the value of petroleum products according to international prices.
The Ministry of Petroleum signed a commercial deal with Saudi’s Aramco to supply Egypt with petroleum derivatives at an interest rate of 2 percent.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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