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FINANCIAL NEWS
GE, SEC sign USD700 m deal
27 Nov 2013
(MENAFN) General Electric Co. and Saudi Electricity Co. have signed a USD700 million deal to supply the latter with natural gas turbines, according to Arab News.
The slow global-electricity consumption has affected the demand on GE’s generators in the last two years.
Nowadays, Saudi Arabia has more than 500 of GE’s generators to supply half of its power.
More News
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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