21 Jan 2016
(MENAFN) The OPEC Fund for International Development (OFID) confirmed to lend the Social Fund for Development (SFD) almost USD 40mn, with an interest rate of less than 4 percent.
Accordingly, OFID has given almost USD 950mn in loans to Egypt for various sectors, involving electricity and health, in coordination with the Ministry of International Cooperation.
In addition, discussions were made to finance projects in Sinai value about USD 900mn over three years, which include development projects for the establishment of sewage plants.
OFID is an improvement fund active in more than 130 developing nations, offered their commitment to stand with global laws and regulations.
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
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
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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