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FINANCIAL NEWS
Kharafi announces 40% completion of Egypt’s project
25 Mar 2010
(MENAFN) Kuwait’s M.A. Kharafi Group said that 40 percent of the first phase of its $2 billion Port Ghalib project in Egypt is completed.
The firm said in a press statement that a large conference center, several retail and commercial outlets, an international marina, four already operating hotels including The Palace by Intercontinental, The Oasis and The Sands by Crown Plaza and Marina Lodge, along with a substantial residential offering has been built and is ready for occupation.
According to the statement, when complete, phase one of the development will incorporate a further 19 hotels, as well as a yacht club, an 18-hole golf course and further entertainment facilities and services.
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13 Apr 2026
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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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