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FINANCIAL NEWS
Egypt’s NREA to establish solar power plant in Hurghada
09 Aug 2016
(MENAFN) The New and Renewable Energy Authority (NREA) will establish a solar power plant in Hurghada with a capacity of 20 MW.
Meanwhile, the project will be financed by a loan from the Japan Intl’ Cooperation Agency’s, which worth USD91mn.
The JICA completed the project’s feasibility study and paid a grant worth USD1.5mn that would launch equipment at the solar plant’s site.
Moreover, the cooperation between both sides focused on the technical side, so that Egypt can take advantage from Japanese technology in the field of producing elect.
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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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