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FINANCIAL NEWS
Egypt reaches USD8.5bn funding goal for Suez Canal project
16 Sep 2014
(MENAFN) Egypt announced it has raised the USD8.5 billion needed to fund its project of expanding the Suez Canal which aims at expanding trade along what is the fastest shipping route between Europe and Asia, Gulf Business reported.
The Suez Canal project includes the development of 76,000 square kilometers around the canal into an international industrial and logistics hub to attract more ships and generate income.
The new development is expected to boost annual revenues from the Suez Canal, which is operated by the state-owned Suez Canal Authority, to USD13.5 billion by 2023 from the current USD5 billion.
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BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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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
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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