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FINANCIAL NEWS
Kuwait to sign USD 1bn deal with Italy and Turkey
26 May 2016
(MENAFN) Kuwait is predicted to sign a USD 1bn deal among two weeks with Italay’s Salini Impregilo and Turkey’s Limak Construction for its South Al-Mutlaa City project.
However, the country suffers a notable lack of government funded housing, which influences young people.
Meanwhile, costs of building infrastructure and public buildings have been estimated at almost USD 20bn.
In addition, the Gulf state will sign a deal value between USD 80mn and USD 90mn with Hill Intl’ in order to manage the building of the whole city.
More News
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
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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