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FINANCIAL NEWS
Iraq issues tenders for 10 industrial plants
30 Sep 2010
(MENAFN) The Iraqi government said that it has issued tenders to redevelop more than 10 industrial plants as part of a plan to revamp 250 state-owned facilities through private investors, Reuters reported.
Since the US-led invasion that ousted the regime in 2003, the new authorities in Iraq have encouraged private businesses to participate in modernizing and strengthening the previously state-dominated economy.
The ministry of industry and minerals owns a total of 60 companies that run 250 facilities in six sectors; chemical and petrochemical, pharmaceutical and food, engineering and steel, textile, construction materials, and industrial utilities and services.
Iraq, holder of the world�s fourth-largest oil reserves, seeks foreign investors in all parts of its economy after years of conflict and international sanctions.
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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