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FINANCIAL NEWS
IFC invests USD100m in Saudi ACWA Power
01 Sep 2014
(MENAFN) International Finance Corp (IFC) announced completing a USD100 million equity investment in Saudi-based ACWA Power, a water and power project developer, Arabian Business reported.
IFC said that this investment will improve the amount of funding given for renewable energy projects, which will help the growing power demands in the Middle East and Africa region.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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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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