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FINANCIAL NEWS
Egypt South Valley Co. to cooperate with Chinese firm
01 Feb 2016
(MENAFN) South Valley Cement Company confirmed to collaborate with Chinese firm ‘Sinoma CDI’ to change its facility to rely on coal as energy source with cost of USD 19.5mn.
Additionally, the production of cement using coal predicted to start amid 15 months, which signed a deal with the same Chinese Co. to add an eternal line at USD 37.36mn.
While in 2015, Mehleb officially emphasized the regulations for coal use two years after discussions started in light of a significant natural gas lack.
Moreover, many firms changed some of their production lines to coal in 2015, involving Suez Cement, Titan Cement and Arabian Cement.
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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
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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