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FINANCIAL NEWS
Egypt’s TAQA Arabia to build USD75mn power plant
10 Jul 2016
(MENAFN) TAQA Arabia, a subsidiary of Qalaa Holdings will set up a new 50 MW-capacity solar power plant in Aswan at a cost of USD75mn.
Additionally, the firm signed a deal with the Egyptian Elect Transmission Co. and the New and Renewable Energy Authority to split the USD4.47mn project.
Moreover, the company also said that the TAQAA Arabia will establish auto-motive fuel and natural gas stations.
Qalaa’s major operating segments is the energy sector, which its revenues recorded USD66.35mn in Q1 this year, with an annual growth of 14 percent.
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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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