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FINANCIAL NEWS
Egypt’s NREA to pose tender for implementation of windmill mid-2017
27 Nov 2016
(MENAFN) The New and Renewable Energy Authority (NREA) aims to pose a tender for the implementation of a 250 MW windmill by the middle of the coming year.
Furthermore, the project will be funded by the Agence Franciase de Developpement, the European Union, KFW Development Bank and others.
The total value of the project registers 345mn euro; it will be established in the Gulf of Suez area and is organized to be operational in 2020.
Meanwhile, the AFD has financed a number of projects worth 889mn euro, involving 886mn euro in funding and 3.176mn euro in grants.
More News
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
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
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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