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FINANCIAL NEWS
Jordan to sign agreement with GCC countries via Saudi Arabia
18 May 2016
(MENAFN) Jordan will sign an agreement in the coming days with the GCC Interconnection Authority to join the Gulf Nations’ grid through Saudi Arabia.
Accordingly, this will be an essential deal for Jordan and will be trailed by many technical meetings in order to discuss more details of the project.
Additionally, the project is predicted to cost USD 239.01mn to USD 281.19mn, and will take one to two years to be finished.
However, the infrastructure with KSA is not ready yet for the interconnection and the project is forecasted to pay attention of that aspect.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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